Daily Target 2X Long LLY ETF (LLYX)
Daily Target 2X Long LLY ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in Miami, FL, US. The stock last traded at $25.68, up 0.02% on the session, giving a market capitalisation of $122.3M. Its beta of 0.59 implies it has historically moved less than the broad market.
This actively managed Exchange Traded Fund (ETF) aims to deliver amplified returns, specifically targeting twice (200%) the daily price movement of its underlying security. This objective is pursued through strategic deployment of derivatives, such as swap agreements and/or listed options contracts. It operates on a non-diversified basis.
Daily Target 2X Long LLY ETF is most often compared with the following Financial Services names: