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NUDM

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

Analysis and statistics

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About

NUDM.US represents the Direxion Daily MSCI Developed Markets Bull 2X Shares ETF. This exchange-traded fund seeks daily investment results, before fees and expenses, of 200% of the daily performance of the MSCI Developed Markets Index. The index is designed to represent large and mid-cap equity performance across developed market countries, excluding the U.S. It is important to note that due to the effects of compounding, the fund's performance over periods longer than one day will likely differ in amount and possibly direction from the target return for the day.
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Factors

Demand: Increased demand drives up the price; decreased demand lowers it.

Underlying Assets: NUDM tracks an index; price fluctuations mirror changes in the value of its constituent stocks.

Interest Rates: Rising interest rates can make bonds less attractive, affecting NUDM if it holds bonds.

Market Sentiment: Overall positive or negative feelings about the market influence buying and selling pressure.

ETF Supply: Changes in the number of NUDM shares available impact its price, though this is typically managed to track the underlying index.

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