NYSEArca - Nasdaq Real Time Price USD

Direxion Fallen Knives ETF (NIFE)

45.20 -1.18 (-2.55%)
As of September 23 at 3:50 PM EDT. Market Open.

ETF Summary

The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index or investments with economic characteristics similar to the securities included in the index. The index is designed by Indxx, LLC to consist of U.S. equity securities that have experienced considerable share price declines over the prior year but have financial health, suggesting that the security has potential for share price recovery in the future. It is non-diversified.

Risk Overview

Performance & Risk

YTD Return -20.95%
5y Average Return 0.00%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.00
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
NIFECategory AverageNIFECategory AverageNIFECategory Average
Alpha 0 -4.28 0 -3.96 0 -3.98
BETA 0 0.99 0 1.06 0 1.07
Mean Annual Return 0 0.67 0 1.06 0 0.86
R-squared 0 82.24 0 84.27 0 82.81
Standard Deviation 0 19.14 0 21.31 0 17.9
Sharpe Ratio 0 0.27 0 0.5 0 0.5
Treynor Ratio 0 3.6 0 8.26 0 7.09

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