Direxion High Growth ETF (HIPR)
Direxion High Growth ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $71.25, down 1.10% on the session, giving a market capitalisation of $12.1M. Its beta of 0.00 implies it has historically moved less than the broad market.
This exchange-traded fund (ETF) seeks to mirror the investment outcomes of the Russell 1000 Hyper Growth Index, before considering any fees or operational costs. Typically, it commits at least 80% of its total assets (including funds acquired through borrowing for investment purposes) to the securities that constitute this benchmark. The index is specifically constructed to pinpoint fast-growing U.S. companies by evaluating individual stocks using metrics such as quality, market momentum, intrinsic value, and price volatility, categorizing them as either value or growth investments. This particular fund is considered non-diversified.
Direxion High Growth ETF is most often compared with the following Financial Services names: