INDL:ARCA-Direxion Daily India Bull 3x Shares (USD)

ETF | Trading--Leveraged Equity | NYSE Arca

Last Closing

USD 62.48

Change

+0.21 (+0.34)%

Market Cap

USD 0.06B

Volume

0.03M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Indus India Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the Indus India Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is designed to replicate the Indian equity markets as a whole through a group of 50 Indian stocks selected from a universe of the largest companies listed on two major Indian exchanges. The fund is non-diversified.

Inception Date: 11/03/2010

Primary Benchmark: MSCI India NR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 0.98%

Management Expense Ratio: 1.01 %

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: 2024-04-23 )

Largest Industry Peers for Trading--Leveraged Equity

Symbol Name Mer Price(Change) Market Cap
SOXL Direxion Daily Semiconductor B.. 1.10 %

N/A

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QLD ProShares Ultra QQQ 0.95 %

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SSO ProShares Ultra S&P500 0.90 %

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USD 4.66B
SPXL Direxion Daily S&P500® Bull 3.. 1.00 %

N/A

USD 4.15B
FNGU MicroSectors FANG+ Index 3X Le.. 0.00 %

N/A

USD 3.97B
TECL Direxion Daily Technology Bull.. 1.17 %

N/A

USD 3.23B
UPRO ProShares UltraPro S&P500 0.92 %

N/A

USD 2.73B
FAS Direxion Daily Financial Bull .. 1.04 %

N/A

USD 2.45B
TNA Direxion Daily Small Cap Bull .. 1.10 %

N/A

USD 2.23B
YINN Direxion Daily FTSE China Bull.. 1.02 %

N/A

USD 0.96B

ETFs Containing INDL

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 10.00% 75% C 83% B
Dividend Return 0.36% 63% D 21% F
Total Return 10.36% 72% C 83% B
Trailing 12 Months  
Capital Gain 52.91% 77% C+ 93% A
Dividend Return 2.35% 77% C+ 34% F
Total Return 55.26% 77% C+ 93% A
Trailing 5 Years  
Capital Gain -16.05% 42% F 30% F
Dividend Return 4.00% 63% D 13% F
Total Return -12.04% 42% F 20% F
Average Annual (5 Year Horizon)  
Capital Gain 16.47% 52% F 81% B-
Dividend Return 17.54% 52% F 80% B-
Total Return 1.07% 78% C+ 26% F
Risk Return Profile  
Volatility (Standard Deviation) 72.30% 52% F 11% F
Risk Adjusted Return 24.26% 57% F 48% F
Market Capitalization 0.06B 49% F 23% 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:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.