Direxion Daily Metals & Mining Bull 2X Shares (MNM)
Direxion Daily Metals & Mining Bull 2X Shares operates in the Asset Management - Leveraged industry of the Financial Services sector. The stock last traded at $29.16, down 5.41% on the session, giving a market capitalisation of $8.2M. Its beta of 0.00 implies it has historically moved less than the broad market.
At least 80% of the fund's net assets are committed to financial instruments, including direct securities from the underlying index, exchange-traded funds (ETFs) that replicate the index, and other financial vehicles crafted to offer daily leveraged exposure to either the index itself or its tracking ETFs. The reference index is a modified equal-weighted benchmark, constructed to gauge the performance of equity shares belonging to companies within the S&P Total Market Index that GICS classifies as part of the metals and mining industry. This fund is categorized as non-diversified.
Direxion Daily Metals & Mining Bull 2X Shares is most often compared with the following Financial Services names: