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DFLV

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    31.6613$
  • Previous Close
    32.1963$
  • 52 Week Change
    --
  • Day Range
    -0.54$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

DFLV.US refers to the Direxion Daily Financial Bull 3X Shares ETF. This ETF aims to deliver triple (300%) the daily performance of the Russell 1000 Financial Services Index. It's a leveraged ETF, meaning it uses financial instruments like swaps, futures contracts, and repurchase agreements to amplify the returns of the underlying index. As a leveraged product, DFLV is designed for short-term trading and is not suitable for long-term holding due to the effects of compounding and volatility. It is important to understand the risks associated with leveraged ETFs before investing.
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Factors

DFLV.US's price is significantly impacted by several factors: Underlying Index Performance: DFLV tracks the daily performance of an index of US large-cap stocks. Its price moves inversely and with leverage. Leverage: DFLV is a leveraged ETF, amplifying daily index movements. This magnification increases both potential gains and losses. Rebalancing: Daily rebalancing is crucial to maintain its leverage target. This process affects trading volume and cost, impacting price. Volatility: Higher market volatility increases price fluctuations in both directions, potentially leading to larger gains or losses. Management Fees and Expenses: Expense ratios and management fees reduce returns. Investor Sentiment: Market sentiment towards the underlying index and leveraged products influences demand and supply.

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