Direxion FANG-20 ETF
Direxion Daily FANG-20 Bear 1X Shares
Direxion Daily FANG-20 Bull 2X Shares
Direxion Daily FANG-20 Bear 2X Shares
Direxion Daily Cloud Computing Bear 2X Shares
Effective date: February 22, 2021
NYSE® FANG 20 Index
equal weighted index designed to include Facebook, Apple, Amazon, Netflix, and (Alphabet’s) Google and similar highly-traded growth stocks of technology and tech-enabled companies from the technology and consumer discretionary sectors.
The Index consists of 20 stocks that are listed on a U.S. Exchange that have a minimum of a $5 billion market capitalization and a 6-month average daily trading value of at least $50 million.
The Index selects companies that are exposed to new technologies based on themes such as social networking, electric vehicles, smartphones, mobile payments, online games or streaming media, digital advertising, artificial intelligence and machine learning and e-commence.
The Index is rebalanced quarterly.
Investment Advisor: Rafferty Asset Management, LLC
Prospectus is here.
Twitter: @ETFhearsay
No comments:
Post a Comment