Direxion Daily NFLX Bull 2X Shares (NFXL)
Company overview
This fund aims to provide daily returns that are two times the performance of NFLX (Netflix) stock. Under typical market conditions, it dedicates at least 80% of its total investment capital (including any borrowed funds) to achieving this goal. This allocation primarily involves direct investments in Netflix shares, as well as various financial instruments like swap agreements and options, all designed to generate a double-leveraged daily exposure to NFLX. It's important to note that the fund is not diversified, meaning its investments are concentrated within a narrow scope.
No price history available.
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Direxion Daily NFLX Bull 2X Shares (NFXL)
No price history available.
This fund aims to provide daily returns that are two times the performance of NFLX (Netflix) stock. Under typical market conditions, it dedicates at least 80% of its total investment capital (including any borrowed funds) to achieving this goal. This allocation primarily involves direct investments in Netflix shares, as well as various financial instruments like swap agreements and options, all designed to generate a double-leveraged daily exposure to NFLX. It's important to note that the fund is not diversified, meaning its investments are concentrated within a narrow scope.
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