DZK : Direxion Daily MSCI Developed Markets Bull 3X Shares

DZK is a Alternative Market Leveraged Equities with MODERATE fees.

DZK

Direxion Daily MSCI Developed Markets Bull 3X Shares

FI Score

23 /100

Expense Ratio Rating

5 /10

Expense Rating

0 /10

Market Score

3 /10

Category Score

0 /10

Market Size

3 /10

23% FI Score
  • dzk
  • ETF
  • Alternative
  • Leveraged Equities

Direxion Daily MSCI Developed Markets Bull 3X Shares

Expenses: 1.16% (Better than 1% of similar funds)

This is a bad choice for a Leveraged Equities Alternative fund. See why »

Fund Summary

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MSCI EAFE® Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure the performance of large- and mid-capitalization companies across the 21 developed market countries around the world, excluding the U.S. and Canada. The fund is non-diversified.

Largest Holdings

Amount Holding
48.04% iShares MSCI EAFE ETF
0.32% Msci Eafe Index Swap

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