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Direxion Daily Cloud Computing Bull 2X Shares (CLDL)

ETF · Currency in USD
ISIN
US25460G6254
Issuer
Direxion
Inception Date
Jan 8, 2021
Region
North America (U.S.)
Category
Leveraged Equities
Leveraged
2x
Expense Ratio
0.95%
Index Tracked
NONE
ETF Home Page
www.direxion.com
Asset Class
Equity

CLDLPrice Chart


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CLDLPerformance

The chart shows the growth of $10,000 invested in Direxion Daily Cloud Computing Bull 2X Shares on Jan 11, 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $6,126 for a total return of roughly -38.74%. All prices are adjusted for splits and dividends.


CLDL (Direxion Daily Cloud Computing Bull 2X Shares)
Benchmark (S&P 500)

CLDLReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD-24.72%-3.97%
1M-24.25%-0.94%
6M-39.23%7.48%
1Y-35.94%21.47%
5Y-38.04%19.17%
10Y-38.04%19.17%

CLDLMonthly Returns Heatmap


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CLDLSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Direxion Daily Cloud Computing Bull 2X Shares Sharpe ratio is -0.67. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


CLDL (Direxion Daily Cloud Computing Bull 2X Shares)
Benchmark (S&P 500)

CLDLDividends

Direxion Daily Cloud Computing Bull 2X Shares granted a 6.35% dividend yield in the last twelve months, as of Jan 19, 2022. The annual payout for that period amounted to $1.02 per share.


PeriodTTM2021
Dividend$1.02$1.02

Dividend yield

6.35%4.78%

CLDLDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


CLDL (Direxion Daily Cloud Computing Bull 2X Shares)
Benchmark (S&P 500)

CLDLWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Daily Cloud Computing Bull 2X Shares. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Direxion Daily Cloud Computing Bull 2X Shares is 51.66%, recorded on Jan 18, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-51.66%Nov 10, 202147Jan 18, 2022
-38.82%Feb 16, 202162May 13, 202174Aug 27, 2021136
-18.9%Sep 7, 202120Oct 4, 202115Oct 25, 202135
-10.6%Jan 21, 20215Jan 27, 20214Feb 2, 20219
-4.37%Jan 11, 20215Jan 15, 20212Jan 20, 20217
-3.08%Aug 31, 20211Aug 31, 20213Sep 3, 20214
-3.05%Oct 26, 20212Oct 27, 20216Nov 4, 20218
-1.97%Feb 3, 20211Feb 3, 20211Feb 4, 20212
-1.72%Nov 5, 20211Nov 5, 20211Nov 8, 20212
-0.59%Feb 11, 20211Feb 11, 20211Feb 12, 20212

CLDLVolatility Chart

Current Direxion Daily Cloud Computing Bull 2X Shares volatility is 75.94%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


CLDL (Direxion Daily Cloud Computing Bull 2X Shares)
Benchmark (S&P 500)

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