Notable companies
The most notable companies in this group are Eli Lilly & Co (NYSE:LLY).
Industry description
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of LLY.
The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of LLY and financial instruments, such as swap agreements and options, that, in combination, provide 2X daily leveraged exposure to LLY, consistent with the fund’s investment objective. The fund is non-diversified.
High and low price notable news
The average weekly price growth across all stocks in the Direxion Daily LLY Bull 2X Shares ETF was 12%. For the same ETF, the average monthly price growth was -5%, and the average quarterly price growth was 0%. LLY experienced the highest price growth at 6%, while LLY experienced the biggest fall at 6%.