ETF Objective
The Fund seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Russell 1000 Financials 40 Act 15/22.5 Daily Capped Index. The Fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the Index, and ETFs that track the Index.
Sector Breakdown
| Financials | 73.15% | |
| Industrials | 0.50% | |
| Consumer Services | 0.39% | |
| Non Classified Equity | 0.03% |
Geographic Exposure
| United States | 82.79% | |
| Unidentified | 21.30% | |
| Switzerland | 1.58% | |
| Ireland | 1.22% | |
| Bermuda | 0.84% | |
| United Kingdom | 0.61% | |
| Puerto Rico | 0.11% |
Top 10 Holdings
| Symbol | Company Name | % Of Assets |
|---|---|---|
| BRK.B | Berkshire Hathaway Inc ORD | 7.58% |
| JPM | JPMorgan Chase & Co ORD | 5.13% |
| BAC | Bank of America Corp ORD | 4.09% |
| WFC | Wells Fargo & Co ORD | 3.17% |
| SPGI | S&P Global Inc ORD | 2.45% |
| SCHW | Charles Schwab Corp ORD | 2.18% |
| MS | Morgan Stanley ORD | 1.99% |
| BLK | BlackRock Inc ORD | 1.88% |
| GS | Goldman Sachs Group Inc ORD | 1.86% |
ETF Overview
| Sponsor | Direxion |
|---|---|
| iNav Ticker | FNTZ |
| Inception Date | 11/06/2008 |
| Name | Direxion:Finl Bull 3X |
|---|---|
| CUSIP | 25459Y694 |
| Prospectus Date | 02/28/2021 |
ETF Characteristics
| Market Capitalization | 148.70 B |
|---|---|
| Total Net Assets | 2.17 K |
| Management Fee | 0.73% |
| Administration Fee | 0.03% |
| Asset Class | Equity |
| Sub Asset Class | Equity Leverage Funds |
| Number Of Holdings | 151 |
| Expense Ratio | 0.85 |
| Dividend | n/a |
| Dividend Frequency | Quarterly |
Latest News
Chico's Shares Plunge on Earnings Miss, Poor Guidance
Nov 28, 2018 1:55 PM EST
7 Hedge Fund-Owned Retail Stocks Primed for Takeout or Turnaround
Aug 27, 2014 2:31 PM EDT
'Fast Money' Recap: Another High, Another Jobs Report
Mar 7, 2014 5:00 AM EST
