Markets.com Logo

DFXIX

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

Analysis and statistics

  • Open
    9.4367$
  • Previous Close
    9.4367$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

DFXIX.US represents the Direxion Daily Financial Bull 3X Shares ETF. This exchange-traded fund seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000 Financial Services Index. It essentially aims to amplify the daily returns of a broad segment of publicly traded financial service companies in the U.S., encompassing banks, insurance companies, and investment firms, by using leverage. Due to its leveraged nature, DFXIX is designed for short-term trading and is not suitable for long-term investment strategies.

Central Banks' Gold Reserves Surpass US Treasuries: A Real Turning Point?

Noah Lee|--

Apple's iPhone 17 Launch: Price Hikes and What to Expect

Ava Grace|--

Tom Lee Doubles Down: Bitcoin Could Hit $200K by Year-End

Noah Lee|--

Silver Leasing Rates Surge Amid US Tariff Concerns

Noah Lee|--

Fed Rate Cut Debate: Inflation vs. Recession Risks

Ava Grace|--

US Stock Market Surges, China Concept Stocks Rise, 36Kr Soars

Liam James|--
VOO Is Up Today: What’s Going on with Vanguard S&P 500 ETF?

VOO Is Up Today: What’s Going on with Vanguard S&P 500 ETF?

Frances Wang|--

Factors

Volatility Index (VIX): DFXIX.US tracks inverse VIX futures. Higher VIX usually means lower DFXIX.US price and vice-versa.

VIX Futures Prices: DFXIX.US price is directly tied to the price of VIX futures contracts. Changes in futures prices impact DFXIX.US.

Roll Yield: VIX futures often trade at a premium to spot VIX (contango). DFXIX.US suffers from negative roll yield as it rolls its exposure.

Market Sentiment: Overall market fear and risk aversion significantly drive VIX and consequently DFXIX.US.

Time Decay: DFXIX.US experiences time decay, losing value over time due to the nature of inverse VIX futures.

People Also Watch

Latest news

US Employment Data Revision: Expectations, Political Fallout, and Economic Impacts

Ava Grace|--

Euro Eyes $1.20 as Fed-ECB Divergence Fuels Optimism

Liam James|--

Macron's Potential Prime Minister Choices: An In-Depth Analysis

Ava Grace|--

Latest Education Articles

Is XRP/USD A Good Investment: How to Trade XRP CFDs?

Is XRP/USD A Good Investment: How to Trade XRP CFDs?

Ghko B|--
Active Index CFDs: US100 index CFD, Europe 50 CFD, Nikkei 225 CFD

Active Index CFDs: US100 index CFD, Europe 50 CFD, Nikkei 225 CFD

Frances Wang|--
Is Cardano A Good Buy: How to Trade Cardano Price (ADA/USD) CFDs?

Is Cardano A Good Buy: How to Trade Cardano Price (ADA/USD) CFDs?

Ghko B|--