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DHMAX

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

Analysis and statistics

  • Open
    26.6402$
  • Previous Close
    26.6402$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

DHMAX.US represents shares of Direxion Daily Aerospace & Defense Bull 2X Shares. This exchange-traded fund (ETF) aims to deliver twice the daily performance of the Dow Jones U.S. Aerospace & Defense Index. It is designed for sophisticated investors seeking to amplify short-term gains in the aerospace and defense sector and carries a high degree of risk due to its leveraged nature. The fund rebalances daily, which can lead to compounding effects over longer holding periods, potentially resulting in returns that differ significantly from the index's cumulative return.
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Factors

Fund Performance: Strong performance usually attracts more investors, driving up demand and price.

Market Conditions: Bull markets generally lift all funds, while bear markets can depress prices.

Investor Sentiment: Overall optimism or pessimism in the market influences fund buying and selling.

Interest Rates: Rising rates can make bonds less attractive, potentially lowering bond fund prices.

Management Fees: Higher fees can detract from returns, potentially impacting price negatively.

Fund Size: Large funds might be less nimble, affecting returns and price changes.

Economic Data: Strong economic data typically boosts stock funds, while weak data can hurt them.

News Events: Major global or domestic news can create volatility, influencing fund prices.

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