Direxion Daily Magnificent 7 Bull 2X ETF (QQQU)

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Direxion Daily Magnificent 7 Bull 2X ETF logo

Direxion Daily Magnificent 7 Bull 2X ETF (QQQU)

Country: United States of AmericaSector: Financial ServicesIndustry: Asset Management - LeveragedExchange: AMEX

Company overview

This Direxion exchange-traded fund, known as the Daily Magnificent 7 Bull 2X and Bear 1X ETF, is designed to produce daily investment returns. Its objective, prior to accounting for fees and expenses, is to reflect either twice (200%) the daily performance of the Indxx Magnificent 7 Index, or, conversely, mirror the exact opposite (100% inverse) of that index's daily movement. However, it's important to note that the successful attainment of these stated investment objectives cannot be guaranteed.

SectorFinancial Services
IndustryAsset Management - Leveraged
CountryUnited States of America
Trades inUSD
Current price
58.57-2.74%
Benchmarks

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 Magnificent 7 Bull 2X ETF (QQQU)

QQQU · AMEX · Financial Services
58.57-2.74%
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No price history available.

About

This Direxion exchange-traded fund, known as the Daily Magnificent 7 Bull 2X and Bear 1X ETF, is designed to produce daily investment returns. Its objective, prior to accounting for fees and expenses, is to reflect either twice (200%) the daily performance of the Indxx Magnificent 7 Index, or, conversely, mirror the exact opposite (100% inverse) of that index's daily movement. However, it's important to note that the successful attainment of these stated investment objectives cannot be guaranteed.

SectorFinancial Services
IndustryAsset Management - Leveraged
CountryUnited States of America
Trades inUSD

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.

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