Direxion Low Priced Stock ETF (LOPX)
Direxion Low Priced Stock ETF operates in the Asset Management industry of the Financial Services sector. The stock last traded at $5.19, down 3.77% on the session, giving a market capitalisation of $5.5M. Its beta of 0.00 implies it has historically moved less than the broad market.
The Direxion Low Priced Stock ETF typically commits at least 80% of its total assets to securities that constitute its underlying index, or to other investments exhibiting similar economic characteristics. This benchmark, an equal-weighted index provided by Solactive AG, is engineered to gauge the performance of U.S.-listed equities with relatively modest trading prices. The fund's concentration in any particular sector or group of industries will closely align with that of its index. It is categorized as non-diversified.
Direxion Low Priced Stock ETF is most often compared with the following Financial Services names: