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DSHZX

$--
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1d
1w
1m

Analysis and statistics

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About

DSHZX.US represents the Direxion Daily Semiconductor Bull 3x Shares ETF. This exchange-traded fund (ETF) seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Semiconductor Index. It is a leveraged ETF, meaning it aims to amplify the returns (and losses) of the underlying semiconductor sector, making it a high-risk, high-reward investment vehicle typically suitable for sophisticated investors with a short-term trading horizon. Due to the effects of compounding, its long-term performance can significantly deviate from three times the performance of the index over periods longer than a single day.
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Factors

DSHZX.US represents a fund, so its price (Net Asset Value or NAV) fluctuates based on several factors: Underlying Asset Performance: The fund invests in specific assets. Their performance directly impacts the fund's overall value. If the assets rise, the fund's price increases. Conversely, if they decline, the price decreases. Supply and Demand: Investor buying and selling activity influences the fund's price. Higher demand can push the price upward, while increased selling pressure can lower it. Expense Ratio: The fund's operating expenses, expressed as a percentage, are deducted from the fund's assets, impacting its return and thus its price. Higher expense ratios generally lead to lower returns. Market Conditions: Overall market sentiment and economic conditions affect investor confidence and fund flows. Positive market conditions usually support higher prices, while negative conditions can lead to price declines. Fund Manager Skill: The fund manager's ability to select profitable assets and manage risk plays a crucial role in the fund's performance and price. A skilled manager can generate better returns.

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