Direxion Daily Select Etf Profile
| FNGG Etf | USD 158.90 4.93 3.20% |
PerformanceVery Weak
| Odds Of DistressLow
|
Direxion Daily is trading at 158.90 as of the 4th of May 2025. This is a 3.20 percent up since the beginning of the trading day. The etf's lowest day price was 156.39. Direxion Daily has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 3rd of February 2025 and ending today, the 4th of May 2025. Click here to learn more.
The index is an equal-weighted index designed to include Facebook, Apple, Amazon, Netflix and Google and similar highly-traded growth stocks of technology and tech-enabled companies from the IT, communication services and consumer discretionary sectors. More on Direxion Daily Select
Moving together with Direxion Etf
| 0.95 | SSO | ProShares Ultra SP500 | PairCorr |
| 0.95 | SPXL | Direxion Daily SP500 | PairCorr |
| 0.98 | QLD | ProShares Ultra QQQ | PairCorr |
| 0.95 | UPRO | ProShares UltraPro SP500 | PairCorr |
| 0.97 | TECL | Direxion Daily Technology | PairCorr |
| 0.88 | LABU | Direxion Daily SP | PairCorr |
Moving against Direxion Etf
Direxion Daily Select cannot be verified against its exchange. It appears that Direxion Daily is not available for investing at the moment. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
RefreshDirexion Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Theme ETFs, Strategy ETFs, Trading--Leveraged Equity, Direxion Funds (View all Sectors) |
| Issuer | Direxion |
| Inception Date | 2021-09-30 |
| Benchmark | NYSE FANG+ Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 97.14 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Rafferty Asset Management, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Paul Brigandi, Tony Ng |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 24.0 |
| Market Maker | Susquehanna |
| Total Expense | 1.11 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | (11.35) |
| Name | Direxion Daily Select Large Caps FANGs Bull 2X Shares |
| Currency Code | USD |
| Open Figi | BBG012NLKK50 |
| In Threey Volatility | 54.34 |
| 1y Volatility | 39.32 |
| 200 Day M A | 155.18 |
| 50 Day M A | 144.92 |
| Code | FNGG |
| Updated At | 3rd of May 2025 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.62 |
Direxion Daily Select [FNGG] is traded in USA and was established 2021-09-29. The fund is listed under Trading--Leveraged Equity category and is part of Direxion Funds family. The entity is thematically classified as Theme ETFs. Direxion Daily Select currently have 11.81 M in assets under management (AUM). , while the total return for the last 3 years was 27.0%.
Check Direxion Daily Probability Of Bankruptcy
Direxion Daily Select Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Direxion Daily. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | 0.3231 | |||
| Treynor Ratio | 0.2089 |
Direxion Daily Against Markets
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Direxion Daily Select. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Direxion Daily Select is measured differently than its book value, which is the value of Direxion that is recorded on the company's balance sheet. Investors also form their own opinion of Direxion Daily's value that differs from its market value or its book value, called intrinsic value, which is Direxion Daily's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Direxion Daily's market value can be influenced by many factors that don't directly affect Direxion Daily's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Direxion Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Direxion Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Direxion Daily's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.