Description: Direxion Daily FinTech Bull 2X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets of the United States. It invests directly, through derivatives and through other funds in stocks of companies operating across fintech or technology-driven financial services, which includes companies that facilitate decentralized finance systems such as digital payments, point-of-sale, personal finance software and credit/debit card issuers, tax compliance software and backend payment processing, decentralized finance, financial enterprise solutions and peer-to-peer lending and crowdfunding sectors. The fund uses derivatives such as swaps and futures to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track 2x the daily performance of the Indxx US Fintech and Decentralized Finance Index. Direxion Daily FinTech Bull 2X Shares is domiciled in the United States.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Trading--Leveraged Equity
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 75.62 | 0.00 | 75.62 |
| Cash | 20.00 | 0.01 | 19.99 |
| Stock non-US | 4.39 | 0.00 | 4.39 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Financial Services | 50.35 | 14.22 |
| Technology | 46.75 | 37.26 |
| Industrials | 2.90 | 5.60 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 95.45 | 94.18 |
| Latin America | 3.27 | 0.34 |
| Asia Emerging | 1.28 | 2.04 |
| Japan | 0.00 | 0.01 |
| Australasia | 0.00 | 0.19 |
| Asia Developed | 0.00 | 1.00 |
| United Kingdom | 0.00 | 0.35 |
| Europe Emerging | 0.00 | 0.03 |
| Europe Developed | 0.00 | 1.76 |
| Africa/Middle East | 0.00 | 0.11 |