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DGLIX

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

Analysis and statistics

  • Open
    16.9131$
  • Previous Close
    16.9131$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

DGLIX.US refers to the Direxion Auspice Broad Commodity Strategy Fund Investor Class shares. It is an exchange-traded fund (ETF) that seeks to track the performance of the Auspice Broad Commodity Index, which is designed to provide exposure to a diversified basket of commodity futures contracts. The fund invests in a portfolio of commodity-linked derivative instruments and other investments to achieve its investment objective.
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Factors

Gold Prices: DGLIX invests in gold. Higher gold prices generally increase its value.

Market Sentiment: Overall investor confidence and risk appetite affect demand for gold and DGLIX.

Interest Rates: Rising interest rates can decrease demand for gold, lowering DGLIX's price.

Inflation: High inflation can increase demand for gold as a hedge, raising DGLIX's price.

Currency Fluctuations: Changes in the US dollar's value can affect the relative price of gold and DGLIX.

Geopolitical Events: Political instability and crises often increase gold demand, boosting DGLIX.

Fund Management: The skill and strategy of the fund managers influence DGLIX's performance.

Supply and Demand: Basic economic principles of supply and demand for gold directly impact DGLIX.

Economic Growth: Weaker economic growth may increase demand for safer assets like gold.

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