PILL Direxion Daily Pharmaceutical & Medical Bull 3X Shares ETF

Seeks daily investment results, before fees and expenses of 300% of the performance of the Dynamic Pharmaceutical Intellidex Index. The Index is designed to provide capital appreciation by evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Index is comprised of common stocks of 30 US pharmaceuticals companies. These are companies that are principally engaged in the research, development, manufacture, sale or distribution of pharmaceuticals and drugs of all types. The eight largest stocks by market capitalization collectively receive 40% of the total index weight (each of the eight largest stocks receives on average 5%). ii) The other twenty-two of the selected stocks collectively receive 60% of the total index weight (each of the twenty-two smaller stocks receives on average 2.73%).

$18.40  +0.42 (2.34%)
As of 10/20/2021 16:00:00 EST     IEX book   CBOE book


ETF Information
Sponsor:     Direxion Funds
Category1:  US Equity
Category2:  Single industry
Category3:  Biotechnology
Morningstar category:  Trading--Leveraged Equity
Leverage factor:  3.00
Inception date:  11/15/2017
Index tracking method: Passive replication
Current yield:  0.00%
Historical average yield:  0.35%
Market cap:  $30,642,518
Average volume:  90,682
Fees:     1.1200%

Index Information
Dynamic Pharmaceutical Intellidex Index
Index symbol:  DZR
Provider:   ICE (NYSE)
Index weighting:   Other
Index inception date:  02/28/2003
Backtesting data exists:   No
Index methdology guide:  Read PDF
Number of holdings:  30
Strategy:  Multi-factor investing

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