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FELV

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

Analysis and statistics

  • Open
    32.4254$
  • Previous Close
    32.6674$
  • 52 Week Change
    --
  • Day Range
    -0.24$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FELV.US represents Direxion Daily Energy Bull 3X Shares. It's an exchange-traded fund (ETF) that aims to deliver triple (3x) the daily performance of the Energy Select Sector Index. This index tracks companies in the energy sector of the S&P 500. As a leveraged ETF, FELV is designed for short-term trading and is not suitable for long-term investments, due to the effects of compounding and daily resets which can significantly erode returns over time, particularly during periods of volatility. It is mainly used by sophisticated investors seeking amplified exposure to daily movements in the energy sector.
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Factors

Underlying Index Performance: FELV.US is a leveraged ETF tracking an index. The index's daily changes are amplified, directly impacting FELV.US's price.

Leverage Ratio: FELV.US uses leverage. Higher leverage means larger price swings relative to the underlying index.

Management Fees & Expenses: The fund's operating costs are deducted from its assets, slightly reducing returns and impacting the ETF's price.

Trading Volume & Liquidity: Higher volume means easier buying and selling with tighter bid-ask spreads, influencing price efficiency.

Market Sentiment: Overall investor optimism or pessimism affects demand for leveraged ETFs, impacting FELV.US's price.

Interest Rates: Leverage often involves borrowing. Rising interest rates increase borrowing costs, potentially lowering returns.

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