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Direxion Daily Cloud Computing Bull 2X Shares (CLD...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US25460G6254

Issuer

Direxion

Inception Date

Jan 8, 2021

Region

North America (U.S.)

Leveraged

2x

Index Tracked

No Index (Active)

Asset Class

Equity

Expense Ratio

CLDL has a high expense ratio of 0.95%, indicating higher-than-average management fees.


Expense ratio chart for CLDL: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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
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.


-20.00%0.00%20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
63.72%
9.23%
CLDL (Direxion Daily Cloud Computing Bull 2X Shares)
Benchmark (^GSPC)

Returns By Period

Direxion Daily Cloud Computing Bull 2X Shares had a return of 35.50% year-to-date (YTD) and 34.89% in the last 12 months.


CLDL

YTD

35.50%

1M

-9.99%

6M

65.06%

1Y

34.89%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

25.25%

1M

0.08%

6M

9.66%

1Y

25.65%

5Y*

13.17%

10Y*

11.11%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20245.96%-0.26%-0.61%-20.61%-7.79%14.65%-2.36%5.62%2.94%11.23%36.51%35.50%
202320.00%-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 39, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of CLDL is 3939
Overall Rank
The Sharpe Ratio Rank of CLDL is 4242
Sharpe Ratio Rank
The Sortino Ratio Rank of CLDL is 4444
Sortino Ratio Rank
The Omega Ratio Rank of CLDL is 4545
Omega Ratio Rank
The Calmar Ratio Rank of CLDL is 3232
Calmar Ratio Rank
The Martin Ratio Rank of CLDL is 3030
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for CLDL, currently valued at 0.77, compared to the broader market0.002.004.000.772.07
The chart of Sortino ratio for CLDL, currently valued at 1.26, compared to the broader market-2.000.002.004.006.008.0010.001.262.76
The chart of Omega ratio for CLDL, currently valued at 1.16, compared to the broader market0.501.001.502.002.503.001.161.39
The chart of Calmar ratio for CLDL, currently valued at 0.47, compared to the broader market0.005.0010.0015.000.473.05
The chart of Martin ratio for CLDL, currently valued at 1.90, compared to the broader market0.0020.0040.0060.0080.00100.001.9013.27
CLDL
^GSPC

The current Direxion Daily Cloud Computing Bull 2X Shares Sharpe ratio is 0.77. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Direxion Daily Cloud Computing Bull 2X Shares with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.77
2.07
CLDL (Direxion Daily Cloud Computing Bull 2X Shares)
Benchmark (^GSPC)

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.


0.00%1.00%2.00%3.00%4.00%5.00%$0.00$0.20$0.40$0.60$0.80$1.00202120222023
Dividends
Dividend Yield
PeriodTTM202320222021
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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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$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.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-55.52%
-1.91%
CLDL (Direxion Daily Cloud Computing Bull 2X Shares)
Benchmark (^GSPC)

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 55.52%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-83.5%Nov 10, 2021252Nov 9, 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

Volatility

Volatility Chart

The current Direxion Daily Cloud Computing Bull 2X Shares volatility is 18.53%, 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.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
18.53%
3.82%
CLDL (Direxion Daily Cloud Computing Bull 2X Shares)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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