NYSEArca - Delayed Quote USD

Direxion Daily 5G Communications Bull 2X Shares (TENG)

14.25 -0.64 (-4.33%)
At close: September 23 at 3:59 PM EDT

ETF Summary

The index is a rules-based index that consists of a tiered, modified market capitalization-weighted portfolio of U.S.-listed equity securities, of companies whose products and services are economically tied to the market’s adoption of 5G networking and communication technologies. The fund invests at least 80% of its net assets in financial instruments and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. It is non-diversified.

ETF Overview

Category Trading--Leveraged Equity
Fund Family Direxion Funds
Net Assets 712.43k
YTD Daily Total Return -53.78%
Yield 2.55%
Legal Type Exchange Traded Fund

ETF Operations

Attributes TENG Category Average
Annual Report Expense Ratio (net) 0.95% 0.00%
Holdings Turnover 0.00% --
Total Net Assets 23,387.89 23,387.89

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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