Key stats
About Direxion Daily Cloud Computing Bull 2X Shares
Home page
Inception date
Jan 8, 2021
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
CLDL seeks to deliver 200% of the daily performance of the Indxx USA Cloud Computing Index. The index includes US-listed firms that allow dynamic scaling by offering on-demand computing services such as servers, storage, network, and operating systems over the internet. Companies must derive majority of their revenues from activities related to cloud computing infrastructure, platforms and services. These companies license and deliver software over the internet by subscription, provide a platform to create software and virtualized computing via internet, make or distribute related hardware, and also offer shared resources services like shared storage, servers, and storage pools. Index constituents are capped at 5% each and undergoes annual rebalance and reconstitution. CLDL isnt designed for long-term investors as the fund rebalances daily. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index.
Classification
Returns
1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
---|---|---|---|---|---|---|
Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Cash
Stocks78.37%
Technology Services78.26%
Electronic Technology0.11%
Bonds, Cash & Other21.63%
Cash21.63%
Stock breakdown by region
North America94.68%
Europe5.18%
Middle East0.14%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CLDL invests in stocks. The fund's major sectors are Technology Services, with 78.26% stocks, and Electronic Technology, with 0.11% of the basket. The assets are mostly located in the North America region.
CLDL last dividends amounted to 0.01 USD. The quarter before, the issuer paid 1.02 USD in dividends, which shows a 13.99 K% decrease.
CLDL assets under management is 5.84 M USD. It's risen 21.41% over the last month.
CLDL fund flows account for 76.58 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, CLDL pays dividends to its holders with the dividend yield of 0.05%. The last dividend (Apr 1, 2025) amounted to 0.01 USD. The dividends are paid quarterly.
CLDL shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Jan 8, 2021, and its management style is Passive.
CLDL expense ratio is 0.96% meaning you'd have to pay 0.96% of your investment to help manage the fund.
CLDL follows the Indxx USA Cloud Computing Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CLDL invests in stocks.
CLDL price has risen by 37.93% over the last month, and its yearly performance shows a 29.35% increase. See more dynamics on CLDL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 38.96% over the last month, showed a −1.59% decrease in three-month performance and has increased by 29.38% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 38.96% over the last month, showed a −1.59% decrease in three-month performance and has increased by 29.38% in a year.
CLDL trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.