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Direxion Daily MU Bear 1X Etf

Direxion Daily MU Bear 1X Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNASDAQ
Market Capitalization27.06 mln

Business Description

This fund is designed to move in the opposite direction of MU's daily performance, meaning it aims to profit when MU declines in value. It achieves this by investing the vast majority of its assets in financial contracts such as swaps and options. The fund concentrates its holdings rather than spreading them across many investments.

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 1.86% 85 / 100   
1 Month -41.06% 2 / 100   
2 Months -53.16% 4 / 100   
6 Months -73.85% 5 / 100   
1 Year -90.7% 3 / 100   



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