SHNY:ARCA-Direxion Funds (USD)

ETF | Trading--Leveraged Equity | NYSE Arca

Last Closing

USD 39.86

Change

-0.21 (-0.52)%

Market Cap

USD 1.70M

Volume

5.47K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks daily investment results, before fees and expenses, of 200% of the performance of the Solactive Global Silver Miners Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the Solactive Global Silver Miners Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is designed to measure broad based equity market performance of companies involved in the silver mining industry, as defined by Structured Solutions AG. It is non-diversified.

Inception Date: 08/09/2016

Primary Benchmark: Solactive Global Silver Miners TR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.80 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-21 )

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ETFs Containing SHNY

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Leveraged Equity) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 44.19% 94% A 97% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 44.19% 93% A 96% N/A
Trailing 12 Months  
Capital Gain 38.14% 58% F 86% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 38.14% 56% F 84% B
Trailing 5 Years  
Capital Gain 697.20% 96% N/A 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 697.20% 96% N/A 98% N/A
Average Annual (5 Year Horizon)  
Capital Gain 2.51% 30% F 49% F
Dividend Return 2.51% 30% F 39% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 6.85% 99% N/A 88% B+
Risk Adjusted Return 36.68% 75% C 58% F
Market Capitalization 1.70M 7% C- 4% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.