Direxion Daily Cloud Computing Bull 2X Shares (CLDL)
CLDL is an actively managed ETF by Direxion. CLDL launched on Jan 8, 2021 and has a 0.95% expense ratio.
ETF Info
| ISIN | US25460G6254 |
|---|---|
| Issuer | Direxion |
| Inception Date | Jan 8, 2021 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Actively Managed, Cloud Computing, Leveraged |
| Leveraged | 2x |
| Index Tracked | No Index (Active) |
| Home Page | www.direxion.com |
| Asset Class | Equity |
Expense Ratio
CLDL has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: CLDL vs. CLOU, CLDL vs. SOXL, CLDL vs. IWY, CLDL vs. SKYY, CLDL vs. QQQ, CLDL vs. USD, CLDL vs. IYC, CLDL vs. XLY, CLDL vs. TQQQ, CLDL vs. UPRO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Daily Cloud Computing Bull 2X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Direxion Daily Cloud Computing Bull 2X Shares had a return of 37.22% year-to-date (YTD) and 72.32% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 37.22% | 25.48% |
| 1 month | 31.70% | 2.14% |
| 6 months | 44.51% | 12.76% |
| 1 year | 72.32% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of CLDL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 5.96% | -0.26% | -0.61% | -20.61% | -7.79% | 14.65% | -2.36% | 5.62% | 2.94% | 11.23% | 37.22% | ||
| 2023 | 20.00% | -8.19% | 11.54% | -12.39% | 23.79% | 8.43% | 11.52% | -2.62% | -11.39% | -7.85% | 27.12% | 13.42% | 84.75% |
| 2022 | -22.42% | -13.42% | -1.40% | -28.71% | -14.76% | -13.87% | 15.83% | -8.88% | -19.10% | 11.73% | -5.11% | -11.81% | -72.33% |
| 2021 | -7.93% | 4.02% | -15.67% | 12.95% | -6.07% | 20.63% | 6.06% | 8.64% | -12.69% | 17.83% | -18.76% | -18.25% | -18.63% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CLDL is 45, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Daily Cloud Computing Bull 2X Shares (CLDL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Direxion Daily Cloud Computing Bull 2X Shares provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $1.02 |
Dividend yield | 0.00% | 0.00% | 0.00% | 4.78% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily Cloud Computing Bull 2X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $1.02 | $1.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily Cloud Computing Bull 2X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Direxion Daily Cloud Computing Bull 2X Shares was 83.50%, occurring on Nov 9, 2022. The portfolio has not yet recovered.
The current Direxion Daily Cloud Computing Bull 2X Shares drawdown is 54.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -83.5% | Nov 10, 2021 | 252 | Nov 9, 2022 | — | — | — |
| -38.82% | Feb 16, 2021 | 62 | May 13, 2021 | 74 | Aug 27, 2021 | 136 |
| -18.9% | Sep 7, 2021 | 20 | Oct 4, 2021 | 15 | Oct 25, 2021 | 35 |
| -10.6% | Jan 21, 2021 | 5 | Jan 27, 2021 | 4 | Feb 2, 2021 | 9 |
| -4.37% | Jan 11, 2021 | 5 | Jan 15, 2021 | 2 | Jan 20, 2021 | 7 |
Volatility
Volatility Chart
The current Direxion Daily Cloud Computing Bull 2X Shares volatility is 13.05%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.