Direxion Daily XOM Bear 1X ETF (XOMZ)
Direxion Daily XOM Bear 1X ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $16.90, up 1.81% on the session, giving a market capitalisation of $1.5M. On trailing twelve-month figures it carries a trailing P/E of 2.37, a net margin of 10.6%. Its beta of 1.00 implies it has historically moved less than the broad market.
The Direxion Daily XOM Bear 1X ETF (XOMZ) is designed to deliver daily returns that reflect the inverse movement of Exxon Mobil Corporation's (NYSE: XOM) common stock. Before accounting for fees and expenses, it aims to achieve 100% of the opposite daily performance of Exxon Mobil shares. This ETF is offered alongside the Direxion Daily XOM Bull 2X ETF, which, conversely, targets double (200%) the positive daily performance of Exxon Mobil's stock.
Direxion Daily XOM Bear 1X ETF is most often compared with the following Financial Services names: