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Direxion Daily NFLX Bear 1X Etf

Direxion Daily NFLX Bear 1X Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNASDAQ
Market Capitalization5.08 mln

Business Description

This fund aims to move in the opposite direction of Netflix stock on a daily basis, giving investors a way to profit when Netflix shares fall in value. It achieves this by using financial contracts such as swaps and options rather than holding the stock directly. The fund concentrates its holdings in a narrow set of positions and does not spread risk across many different investments.

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -1.9% 20 / 100   
1 Month 4.77% 73 / 100   
2 Months -16.17% 18 / 100   
6 Months 19.43% 75 / 100   
1 Year 29.26% 70 / 100   



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