|Bid||36.06 x 1000|
|Ask||0.00 x 800|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||2.09|
|Expense Ratio (net)||1.36%|
The bulls in Russian equities were charging hard during the month of June, which saw the Direxion Daily Russia Bull 3X ETF (RUSL) add "another 13.5% to approach levels it hasn’t seen since the start of 2018," according to a Direxion Investments Xchange post. "Russian stocks surged more than any other international market in June, adding another wrinkle to what is already one of the most closely watched global relationships," noted a Direxion Investments blog post. "However, while RUSL is one of the top performers of Direxion’s stable of leveraged ETFs for 2019, thanks in large part to this recent surge, it’s also seen some of the heaviest investor outflows at -$60 million in net redemptions over the course of June, with more than two-thirds of that occurring in the days following its new 52-week high," the post said.
On the geopolitical front, Russia is familiar with controversy and that controversy has a way of overshadowing the country's investment opportunities. Strength in Russian equities creates opportunity with the Direxion Daily Russia Bull 3X Shares (NYSE: RUSL), the king of leveraged Russia exchange-traded funds. RUSL attempts to deliver triple the daily returns of the MVIS Russia Index.
While volatility and uncertainty prevail, the bullish fundamentals have resulted in huge demand for leveraged ETFs as investors seek to register big gains in a short span.
Emerging stocks and exchange traded funds are trending higher this year, and Russian stocks are participating in that action. Buoyed by rising oil prices, the MVIS Russia Index (MVRSXTR) is higher by 9.55 ...
Russian stocks continued rebounding Monday, sending the Direxion Daily Russia Bull 3X ETF (RUSL) higher by more than 2% and extending the bullish leveraged Russia exchange traded fund's gain over the past month to about 19%. RUSL tries to deliver triple the daily returns of the MVIS Russia Index (MVRSXTR). The Direxion Daily Russia Bear 3X ETF (RUSS) attempts to deliver triple the daily inverse returns of that benchmark.
Turmoil in Turkey. An ongoing trade spat involving the U.S. and China. A recent pullback in oil prices. Those factors and more are weighing on emerging markets equities. Russian stocks have not been immune ...