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EFAX

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1d
1w
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Analysis and statistics

  • Open
    48.4908$
  • Previous Close
    48.5085$
  • 52 Week Change
    --
  • Day Range
    -0.02$
  • 52 Week High/Low
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  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

EFAX.US represents the Direxion Daily MSCI EAFE Bull 3X Shares ETF. This ETF seeks to deliver three times the daily performance of the MSCI EAFE Index, which tracks the performance of large and mid-cap stocks across developed markets, excluding the United States and Canada. It is designed for sophisticated investors seeking leveraged exposure to the EAFE region and carries a high degree of risk due to its leveraged nature, meaning it is likely to experience significant volatility and is intended for short-term trading purposes. Investors should carefully consider their risk tolerance and understand the potential for losses before investing in EFAX.

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Factors

[Underlying Asset Performance]: EFAX tracks developed Asia Pacific ex-Japan. Its price is heavily influenced by the performance of the underlying stocks in that region.

[Currency Fluctuations]: Currency movements between the US dollar and the currencies of countries in EFAX's portfolio can impact the ETF's value.

[Investor Sentiment]: Overall market sentiment towards emerging markets and specific countries within the EFAX portfolio can drive demand and price.

[Interest Rates]: Interest rate changes in the US and the countries represented in EFAX can affect investor appetite and ETF pricing.

[Expense Ratio]: Although less direct, the ETF's expense ratio impacts long-term returns and can influence investor preference, potentially affecting demand.

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