Direxion Daily Russia Bull 2X Shares (RUSL)
Direxion Daily Russia Bull 2X Shares operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $2.58, up 0.00% on the session, giving a market capitalisation of $25.3M. Its beta of 3.57 implies it has historically moved more than the broad market.
This fund allocates a substantial portion—at least 80% of its net assets—to a variety of financial instruments. These include derivative contracts such as swap agreements, exchange-traded funds (ETFs) that track the index, direct investments in the index's constituent securities, and other financial tools designed to offer daily amplified returns. The purpose of these investments is to gain leveraged exposure to either the underlying index or ETFs that mirror its performance. The benchmark index itself is constructed to represent the collective financial performance of publicly traded companies. These companies are either based in Russia and primarily listed on a Russian stock exchange, or, if not Russian entities, they generate a minimum of half of their total revenues from activities within Russia. It is important to note that this investment vehicle maintains a concentrated, non-diversified portfolio.
Direxion Daily Russia Bull 2X Shares is most often compared with the following Financial Services names: