Direxion Daily LLY Bear 1X ETF (ELIS)
Direxion Daily LLY Bear 1X ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $19.19, up 1.56% on the session, giving a market capitalisation of $3.8M. Its beta of 0.20 implies it has historically moved less than the broad market.
The fund, under normal circumstances, invests at least 80% of the fund’s net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to LLY, consistent with the fund’s investment objective. The fund is non-diversified.
Direxion Daily LLY Bear 1X ETF is most often compared with the following Financial Services names: