Direxion Daily Nat Gas Rltd Bull 3X Shrs
(PCQ: GASL)
22.49
-0.80
-3.44%
MORE ON GASL
QUICK STATS
| Latest price | 22.49 | Change | -0.80 | |
| Net assets | 19.14 Mil | % Change | -3.44% | |
| YTD | +12.49 % | |||
| Category | Trading-Leveraged Equity | |||
| Fund family name | Direxion Funds | |||
| Index tracked | S&P 500 TR USD | |||
| Inception date | 07/14/2010 | |||
| Turnover ratio | +141.00 % | |||
| Detailed quote | Last price update 6/19/2013 4:00 PM ET ET | |||
OVERVIEW
The investment seeks daily investment results, net of expenses, of 300% of the performance of the ISE-REVERE Natural Gas IndexTM.
The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the ISE-Revere Natural Gas IndexTM ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is composed of equity securities of issuers involved in the exploration and production of natural gas. The fund is non-diversified.
MODERN PORTFOLIO THEORY STATISTICS
| MEASUREMENT |
STANDARD INDEX S&P 500 TR USD |
|---|---|
| R-Squared (1-year) | 59.05 |
| Beta (1-year) | 5.32 |
| Alpha (1-year) | -113.13 |
DATA PROVIDERS
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Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
ASSET ALLOCATION
| Prospectus Objectives | Trading-Leveraged Equity |
FEES AND EXPENSES
| Expense Ratio | 0.95% |
| Gross Expense Ratio | 1.29% |
| Net Expense Ratio | 0.99% |
| Management Fee | 0.75% |
VOLATILITY MEASURES
| 1-year standard deviation | 44.00 |
| Mean | 1.43 |
| 1-Year Treynor ratio | 1.61 |
| 3-year Sharpe ratio | 0.39 |
- What does this mean?
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