Direxion Daily US Infrastructure Bull 2X Shares (DOZR)
Direxion Daily US Infrastructure Bull 2X Shares operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in DE, US. The stock last traded at $30.65, up 0.00% on the session, giving a market capitalisation of $3.0M. Its beta of 0.00 implies it has historically moved less than the broad market.
The Direxion Daily US Infrastructure Bull 2X Shares aims to deliver daily leveraged returns corresponding to an underlying index. This benchmark specifically targets U.S.-listed entities, including American Depositary Receipts (ADRs), that are actively involved in infrastructure development, encompassing activities such as engineering, design, maintenance, and construction of relevant projects. The fund allocates a minimum of 80% of its net assets to various financial instruments. These instruments include, but are not limited to, swap agreements, direct index securities, and exchange-traded funds (ETFs) that mirror the index, as well as other derivatives structured to provide amplified daily exposure to either the index or its tracking ETFs. It is important to note that this fund is classified as non-diversified.
Direxion Daily US Infrastructure Bull 2X Shares is most often compared with the following Financial Services names: