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Direxion Daily AVGO Bear 1X Etf

Direxion Daily AVGO Bear 1X Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNASDAQ
Market Capitalization18.25 mln

Business Description

This fund is designed to move in the opposite direction of Broadcom stock on a daily basis, meaning it aims to gain value when Broadcom shares fall and lose value when they rise. It achieves this by using financial contracts such as swaps and options rather than holding the stock directly. At least 80% of its assets are committed to this strategy, and the fund focuses on a single company rather than spreading risk across many investments.

Key Fundamentals

EPS0.61
P/E14.43

Quote Details

Last 8.77
Change 0.46 (5.54%)
Open 8.67
Volume 11,910,444
Turnover 104,454,600
Average Volume 10,022,614

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -1.9% 29 / 100   
1 Month 4.16% 83 / 100   
2 Months 14.49% 90 / 100   
6 Months 19.16% 89 / 100   
1 Year 1.27% 51 / 100   



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