Direxion Moonshot Innovators ETF (MOON)
Direxion Moonshot Innovators ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $10.33, up 0.00% on the session, giving a market capitalisation of $19.5M. Its beta of 1.64 implies it has historically moved more than the broad market.
Under normal operating conditions, this fund dedicates at least 80% of its net assets to the securities that make up its underlying index, or to other investments with comparable economic characteristics. This index gauges the performance of 50 U.S. companies that are focused on pioneering technologies capable of significantly disrupting established industries or technologies—what are termed 'moonshot innovators'. It's important to note that the fund itself is not diversified.
Direxion Moonshot Innovators ETF is most often compared with the following Financial Services names: