Notable companies
The most notable companies in this group are VISA (NYSE:V), JPMorgan Chase & Co (NYSE:JPM), Mastercard (NYSE:MA), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), American Express Company (NYSE:AXP), Morgan Stanley (NYSE:MS), Goldman Sachs Group (NYSE:GS), Charles Schwab Corp (The) (NYSE:SCHW), Citigroup (NYSE:C).
Industry description
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Financials Select Sector Index.
The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index includes securities of companies from the following industries: Banks; Thrifts & Mortgage Finance; Diversified Financial Services; Consumer Finance; Capital Markets; Insurance; and Mortgage REITs. It is non-diversified.
Market Cap
The average market capitalization across the Direxion Daily Financial Bull 3X ETF ETF is 77.48B. The market cap for tickers in the group ranges from 7.17B to 632.33B. BRK.B holds the highest valuation in this group at 632.33B. The lowest valued company is CMA at 7.17B.
High and low price notable news
The average weekly price growth across all stocks in the Direxion Daily Financial Bull 3X ETF ETF was 4%. For the same ETF, the average monthly price growth was 13%, and the average quarterly price growth was 50%. SCHW experienced the highest price growth at 9%, while MKTX experienced the biggest fall at -5%.
Volume
The average weekly volume growth across all stocks in the Direxion Daily Financial Bull 3X ETF ETF was 5%. For the same stocks of the ETF, the average monthly volume growth was -8% and the average quarterly volume growth was 31%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 74
P/E Growth Rating: 45
Price Growth Rating: 25
SMR Rating: 44
Profit Risk Rating: 33
Seasonality Score: 37 (-100 ... +100)