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Direxion Daily TSM Bear 1X Etf

Direxion Daily TSM Bear 1X Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNASDAQ
Market Capitalization2.5 mln

Business Description

This fund aims to deliver the daily inverse performance of TSM, meaning it is designed to move in the opposite direction of the stock each trading day. It achieves this by using financial contracts such as swaps and options rather than holding the underlying shares directly. At least 80% of the fund's assets are committed to this strategy. The fund focuses on a single target and is not spread across multiple investments.

Key Fundamentals

EPS0.03
P/E287

Quote Details

Last 7.80
Change -0.09 (-1.14%)
Open 7.87
Volume 93,276
Turnover 727,553
Average Volume 113,891

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -1.27% 33 / 100   
1 Month 7.59% 91 / 100   
2 Months -5.45% 40 / 100   
6 Months -9.2% 36 / 100   
1 Year -37.6% 23 / 100   



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