Notable companies
The most notable companies in this group are Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Salesforce (NYSE:CRM), Netflix (NASDAQ:NFLX), Cisco Systems (NASDAQ:CSCO), PayPal Holdings (NASDAQ:PYPL).
Industry description
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Dow Jones Internet Composite Index.
The fund, under normal circumstances, 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 companies that generate at least 50% of their annual sales/revenue from the internet as determined by the index provider. It is non-diversified. It is non-diversified.
Market Cap
The average market capitalization across the Direxion Daily Dow Jones Int Bl 3X ETF ETF is 1.01T. The market cap for tickers in the group ranges from 71.8B to 2.13T. AMZN holds the highest valuation in this group at 2.13T. The lowest valued company is PYPL at 71.8B.
High and low price notable news
The average weekly price growth across all stocks in the Direxion Daily Dow Jones Int Bl 3X ETF ETF was -4%. For the same ETF, the average monthly price growth was 17%, and the average quarterly price growth was 26%. NFLX experienced the highest price growth at 4%, while META experienced the biggest fall at -6%.
Volume
The average weekly volume growth across all stocks in the Direxion Daily Dow Jones Int Bl 3X ETF ETF was 73%. For the same stocks of the ETF, the average monthly volume growth was 96% and the average quarterly volume growth was 68%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 65
P/E Growth Rating: 69
Price Growth Rating: 26
SMR Rating: 37
Profit Risk Rating: 37
Seasonality Score: 3 (-100 ... +100)