Direxion Daily AMD Bull 2X ETF (AMUU)
Direxion Daily AMD Bull 2X ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $184.01, up 3.25% on the session, giving a market capitalisation of $87.4M. Its beta of 5.22 implies it has historically moved more than the broad market.
This Direxion fund, the Daily AMD Bull 2X ETF, aims to produce daily investment returns that are double (200%) the performance of Advanced Micro Devices, Inc. (AMD) common stock. In contrast, the Direxion Daily AMD Bear 1X ETF is structured to yield daily results that track 100% of the opposite movement of AMD shares. Both of these objectives are measured prior to the deduction of any fees and expenses.
Direxion Daily AMD Bull 2X ETF is most often compared with the following Financial Services names: