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3SUD

$--
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1d
1w
1m

Analysis and statistics

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About

3SUD.F refers to the Direxion Daily FTSE China Bear 3X Shares ETF. This ETF is designed to provide triple the inverse (opposite) of the daily performance of the FTSE China 50 Index. In essence, it is a leveraged ETF that aims to profit from a decline in the value of Chinese stocks represented by that index. Investors should be aware of the high risk associated with leveraged ETFs due to their volatility and potential for significant losses.
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Factors

Underlying Asset Performance: 3SUD.F tracks the Solactive United States 3x Leveraged Index. The index's performance directly influences the ETF's price. Leverage: Being a 3x leveraged ETF, its price moves three times the daily percentage change of its underlying index, amplifying both gains and losses. Market Sentiment: General investor confidence and risk appetite towards the US stock market impact demand for the ETF. Interest Rates: Changes in interest rates influence borrowing costs, which can affect leveraged ETFs. Trading Volume and Liquidity: Higher trading volume usually means tighter bid-ask spreads and easier trading, affecting price stability.

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