Direxion World Without Waste ETF (WWOW)
Direxion World Without Waste ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $18.17, down 2.24% on the session, giving a market capitalisation of $3.5M. Its beta of 0.00 implies it has historically moved less than the broad market.
The Direxion World Without Waste ETF (WWOW) typically commits a minimum of 80% of its total assets to holdings that either directly constitute its benchmark index or possess economic characteristics comparable to those index components. This underlying index, developed by Indxx, LLC, aims to feature companies that are instrumental in the global economic evolution. Specifically, it focuses on businesses transitioning from a traditional "linear" model, where products are often designed for a single use or ownership, to a "circular" economy that emphasizes shared ownership and the repeated use or recycling of resources. It's important to note that this fund operates with a concentrated, non-diversified portfolio.
Direxion World Without Waste ETF is most often compared with the following Financial Services names: