Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR)
Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares operates in the Asset Management - Leveraged industry of the Financial Services sector. The stock last traded at $11.32, up 0.32% on the session, giving a market capitalisation of $4.7M. Its beta of 0.00 implies it has historically moved less than the broad market.
This fund dedicates at least 80% of its net assets to various financial instruments, including direct securities from its underlying index, exchange-traded funds (ETFs) that track that index, and other financial products engineered to provide daily amplified exposure to the index or its related ETFs. The benchmark index itself assesses the performance of U.S. and Canadian equities primarily engaged in the application software, systems software, and home entertainment software sub-industries, all part of the GICS information technology sector. It is important to note that this fund is non-diversified.
Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares is most often compared with the following Financial Services names: