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Direxion Daily GOOGL Bull 2X Etf

Direxion Daily GOOGL Bull 2X Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNASDAQ
Market Capitalization1,001 mln

Business Description

This fund focuses solely on Google's parent company, Alphabet Inc., aiming to deliver twice the daily return of that single stock. To achieve this, the fund enters into swap agreements with large financial institutions, where both parties agree to exchange investment returns based on double the fund's net assets. Because it concentrates on one company rather than spreading investments across many, it carries a higher level of risk than broadly diversified funds.

Key Fundamentals

EPS2.94
P/E46.91

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -0.15% 68 / 100   
1 Month 29.53% 96 / 100   
2 Months 40.2% 94 / 100   
6 Months 79.52% 95 / 100   
1 Year 357% 98 / 100   



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