Direxion Dynamic Hedge ETF (DYHG)
Direxion Dynamic Hedge ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $61.24, up 0.00% on the session, giving a market capitalisation of $6.1M. Its beta of 0.00 implies it has historically moved less than the broad market.
Typically, this fund invests at least 80% of its assets in the securities that constitute its underlying index, which may encompass exchange-traded funds. The index is designed to dynamically adjust its net exposure to the S&P 500 Index, aiming to profit from the inverse relationship observed between market volatility and the S&P 500's performance. It operates as a non-diversified fund.
Direxion Dynamic Hedge ETF is most often compared with the following Financial Services names: