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LIDAX

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--%
1d
1w
1m

Analysis and statistics

  • Open
    9.8198$
  • Previous Close
    9.8198$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

LIDAX.US is the ticker symbol for the Direxion Daily Leveraged Innovator ETF. It is an exchange-traded fund (ETF) that seeks to provide 2x the daily performance of the Innovator Louvered U.S. Equity ETF (Ticker: LOUP). As a leveraged ETF, it is designed for short-term trading and not for long-term investment due to the effects of compounding.
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Factors

Fund Performance: LIDAX's NAV reflects underlying holdings' performance.

Market Conditions: Broader economic trends, investor sentiment impact demand.

Interest Rates: Rate changes can affect fixed-income holdings' value.

Fund Flows: Large inflows/outflows can influence buying/selling pressure.

Expense Ratio: Higher expenses can detract from overall returns.

Management Expertise: Managerial decisions impact investment choices, thus performance.

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