Direxion Daily NFLX Bull 2X Shares (NFXL) ETF Ticker
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About Direxion Daily NFLX Bull 2X Shares
This fund aims to provide daily returns that are two times the performance of NFLX (Netflix) stock. Under typical market conditions, it dedicates at least 80% of its total investment capital (including any borrowed funds) to achieving this goal. This allocation primarily involves direct investments in Netflix shares, as well as various financial instruments like swap agreements and options, all designed to generate a double-leveraged daily exposure to NFLX. It's important to note that the fund is not diversified, meaning its investments are concentrated within a narrow scope.
NFXL etf facts
| Ticker symbol | NFXL |
| Exchange | NASDAQ Global Market |
| Sector | Financial Services |
| Industry | Asset Management - Leveraged |
| Market cap | $78.9M |
| Headquarters | New York City, NY, US |
| IPO date | 2024-10-03 |
| Website | www.direxion.com/product/daily-nflx-bull-and-bear-leveraged-single-stock-etfs |
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What is the ticker symbol for Direxion Daily NFLX Bull 2X Shares?
The ticker symbol for Direxion Daily NFLX Bull 2X Shares is NFXL, listed on the NASDAQ Global Market.
What is NFXL?
This fund aims to provide daily returns that are two times the performance of NFLX (Netflix) stock. Under typical market conditions, it dedicates at least 80% of its total investment capital (including any borrowed funds) to achieving this goal. This allocation primarily involves direct investments in Netflix shares, as well as various financial instruments like swap agreements and options, all…