Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares (XXCH)
Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $33.09, up 1.21% on the session, giving a market capitalisation of $2.2M. Its beta of 1.19 implies it has historically moved more than the broad market.
This Direxion fund, officially named the Daily MSCI Emerging Markets ex China Bull 2X Shares, is designed with the goal of delivering daily investment returns equivalent to 200% (or double) the performance of its benchmark, the MSCI Emerging Markets ex China Index. This target is measured before any management fees or operating expenses are deducted. Nevertheless, it is important for investors to understand that the fund does not guarantee it will consistently achieve this specific daily investment objective.
Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares is most often compared with the following Financial Services names: