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LBJ Stock Price, Chart, Stats & News

Direxion Daily Latin America Bull 2X Shares
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Trading--Leveraged Equity
Category
1.23%
Expense ratio
14.52M
Assets
0.00%
1Y return

LBJ chart

1M
3M
1Y
5Y
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LBJ returns

YTD
0.00%
1Y
0.00%
3Y
10.53%
5Y
-29.38%
10Y
-28.22%
1Y volatility40.28%
3Y volatility83.74%
Sharpe ratio-0.11

About

Under typical market conditions, this fund commits at least 80% of its net assets to various financial instruments. These tools, which include derivative agreements like swaps, exchange-traded funds (ETFs) that mirror the benchmark, and direct investments in the index's underlying securities, are specifically designed to provide daily amplified (leveraged) exposure to either the target index or its tracking ETFs. The benchmark itself is an equity index that weights its constituents based on their float-adjusted market capitalization, comprising companies from five significant Latin American nations: Brazil, Chile, Colombia, Mexico, and Peru.

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