Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG)
Direxion Daily NYSE FANG+ 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 $259.98, down 1.20% on the session, giving a market capitalisation of $133.4M. Its beta of 2.81 implies it has historically moved more than the broad market.
The Direxion Daily NYSE FANG+ Bull 2X ETF is designed to achieve daily investment returns that are 200% (or two times) the performance of the NYSE FANG+ Index, calculated before the subtraction of fees and expenses. However, there is no assurance that the fund will successfully attain its stated investment objective.
Direxion Daily NYSE FANG+ Bull 2X ETF is most often compared with the following Financial Services names: