ETF overview
The Fund seeks daily investment results, before fees and expenses, of 300% of the inverse of the Financials Select Sector Index. The Fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the Index.
Fund facts
- Leverage
- -3x daily
- Expense ratio
- 1.03%
- Fund assets
- 88.65M USD (all share classes)
- Issuer
- Direxion
- Inception date
- Nov 6, 2008
- Number of holdings
- 6
Holdings (6)
| Name | Ticker | Exposure |
|---|---|---|
| IXM SWAP ASSET LEG (IXMJPS) | -106.31% | |
| IXM SWAP ASSET LEG (IXMSGS) | -96.14% | |
| IXM SWAP ASSET LEG (IXMGSS) | -71.54% | |
| GOLDMAN FINL SQ TRSRY INST 506 | 28.43% | |
| IXM SWAP ASSET LEG (IXMUBS) | -20.45% | |
| IXM SWAP ASSET LEG (IXMMLS) | -5.54% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
Historical returns do not guarantee future returns. This is not investment advice.
- Leverage
- -3x daily
- Expense ratio
- 1.03%
- Fund assets
- 88.65M USD (all share classes)
- Issuer
- Direxion
- Inception date
- Nov 6, 2008
- Number of holdings
- 6
| Name | Ticker | Exposure |
|---|---|---|
| IXM SWAP ASSET LEG (IXMJPS) | -106.31% | |
| IXM SWAP ASSET LEG (IXMSGS) | -96.14% | |
| IXM SWAP ASSET LEG (IXMGSS) | -71.54% | |
| GOLDMAN FINL SQ TRSRY INST 506 | 28.43% | |
| IXM SWAP ASSET LEG (IXMUBS) | -20.45% | |
| IXM SWAP ASSET LEG (IXMMLS) | -5.54% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
The Fund seeks daily investment results, before fees and expenses, of 300% of the inverse of the Financials Select Sector Index. The Fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the Index.
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