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DRXIX

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

Analysis and statistics

  • Open
    5.221$
  • Previous Close
    5.221$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

DRXIX.US represents the Direxion Daily Real Estate Bear 3X Shares ETF. This ETF seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the MSCI US REIT Index. Essentially, it's designed for sophisticated investors seeking to profit from a decrease in the value of U.S. real estate investment trusts (REITs) over a very short-term holding period, such as a single day, and carries significant risk due to its leveraged nature.
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Factors

Global economic conditions: Overall economic health affects investor sentiment and risk appetite, impacting demand for DRXIX.US.

Interest rate movements: Changes in interest rates can influence the attractiveness of DRXIX.US relative to other investments.

Inflation rates: Rising inflation can erode the real value of investments, potentially affecting DRXIX.US.

Currency fluctuations: Exchange rate movements can impact the value of DRXIX.US holdings in foreign currencies.

Geopolitical events: Political instability or crises can create market uncertainty, affecting DRXIX.US.

Market sentiment: Investor confidence and risk aversion play a significant role in DRXIX.US price.

Company-specific news: News related to companies within DRXIX.US portfolio can drive price changes.

Sector performance: Performance of sectors represented in DRXIX.US influences its overall value.

Fund flows: Inflows and outflows of capital into DRXIX.US can impact its share price.

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