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FDLS

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1d
1w
1m

Analysis and statistics

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About

FDLS.US represents Fidelis Insurance Holdings Ltd., a global provider of specialty insurance and reinsurance products. The company operates through three segments: Specialty, Reinsurance, and Socium. Fidelis underwrites a diverse range of risks, including property, marine, aviation, energy, and bespoke products tailored to specific client needs. Its focus lies on disciplined underwriting, risk management, and leveraging data analytics to enhance its decision-making processes. Fidelis Insurance Holdings Ltd. is listed on the New York Stock Exchange (NYSE).
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Factors

Sentiment towards the underlying companies: Positive news and investor confidence in the leveraged companies FDLS tracks will generally drive up demand and price.

Leverage factor: As a leveraged ETF, FDLS is designed to amplify the daily returns of its index, so the magnitude of price swings will be significantly greater than the underlying index.

Interest rates: Higher interest rates can increase the cost of borrowing to maintain leverage, potentially impacting returns.

Market volatility: High volatility can lead to increased trading costs and larger swings in the ETF's price due to the leveraged nature.

Supply and demand: General supply and demand for the ETF itself influences its price. High demand pushes the price up, while increased selling pressure lowers it.

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