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Direxion Daily Financial Bear 3x Etf

Direxion Daily Financial Bear 3x Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization121.4 mln

Business Description

This fund aims to deliver three times the daily inverse return of an index made up of financial sector companies, including banks, insurers, lenders, and capital markets firms. In simple terms, it is designed to gain value when that index falls, and lose value when it rises. The fund is concentrated rather than broadly diversified, which means it carries a higher level of risk.

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 3.05% 88 / 100   
1 Month 4.09% 71 / 100   
2 Months 12.74% 85 / 100   
6 Months 7.75% 53 / 100   
1 Year -7.83% 15 / 100   



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