|Bid||0.00 x 800|
|Ask||64.00 x 900|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||106.10%|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.98%|
Of all of the sectors and industries included in this list, homebuilder and construction-related companies had the toughest road to hoe, as evidenced by the 62% drop in the Direxion Daily Homebuilders & Supplies Bull 3X Shares (NYSE: NAIL) between September and December in 2018. Data as of Sept 23, 2019, Past performance is not indicative of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
Want to play defensive as the U.S.-China trade war intensifies? Gain exposure to leading aerospace and defensive names using these ETFs.
This week, investors are primarily focusing on second-quarter earnings reports from the financial services sector, but some other sectors soon will step into the earnings confessional, including aerospace ...
The Wall Street logged in the strongest performance in more than a decade for the first half of the year. We have highlighted nine leveraged equity ETFs that piled up more than 60% returns in the first half.
U.S. President Donald Trump's administration proposed a new White House budget that would effectively increase defense spending by 5 percent. Furthermore, the budget would preclude the Defense Department from any funding caps that are set to take place during fiscal year 2020--all positive news for the Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) . The budget calls for an outlay of $750 billion to overall defense spending--$718 billion of which will go to the Defense Department alone. Of course, the budget must go through the approval process and Congress is widely expected to reject the proposal, but if the defense spending initiatives remain untouched, it's certainly a boon to the sector.
The Zacks Analyst Blog Highlights: Direxion Daily S&P, Direxion Daily Regional Banks, Direxion Daily Aerospace, Direxion Daily Industrials and Direxion Daily Small Cap
Multinational investment bank Credit Suisse last week downgraded General Dynamics shares to neutral from outperform, citing that it will fall behind its peers in terms of projected growth for 2019. Does this mean impending weakness in the defense sector, which could affect the Direxion Daily Aerospace & Defense Bull 3X Shares DFEN (DFEN n/a)?
Last week, multinational investment bank Credit Suisse downgraded General Dynamics shares to neutral from outperform, citing that it will fall behind its peers in terms of projected growth for 2019. Does this mean impending weakness in the sector, which could affect the Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) ? DFEN seeks daily investment results equal to 300% of the daily performance of the Dow Jones U.S. Select Aerospace & Defense Index, which attempts to measure the performance of the aerospace and defense industry of the U.S. equity market. DFEN thus far is up 40 percent year-to-date.
Executives in the U.S. aerospace, defense, and government services industry are expecting moderate to strong economic growth, which is good news for leveraged exchange-traded funds (ETFs) like the Direxion ...
The mistletoe might be ideal for the kissing, but without aerospace and defense exchange-traded funds (ETFs) in your portfolio, it might be profits that you're missing. Aerospace and defense ETFs can provide investors with sustainable performance gains as meeting the defense needs of the federal government is a non-cyclical affair. In September, the Senate approved a wide-ranging, $854 billion bill that includes a $675 billion allocation towards the Defense Department, accounting for almost 80% of the total bill.