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About Direxion Shares ETF Trust Direxion Daily Crypto Industry Bull 2X Shares
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Inception date
Jul 17, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
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
LMBO is a bullish one-day bet on the crypto industry, designed to provide double the daily returns of its underlying index. The index tracks the performance of US-listed companies engaged in distributed ledger or decentralized payment technologies. To be eligible for inclusion, a company must derive at least 50% of its revenue from crypto industry businesses, including blockchain technology, non-fungible tokens (NFT) & tokenization, decentralized finance, and digital asset mining hardware. The index includes a minimum of 25 companies, selected using a proprietary natural language processing algorithm that ranks them based on exposure to these themes. As a leveraged product with daily resets, the fund is intended primarily as a short-term trading tool rather than a long-term investment vehicle. Investors should note that the fund does not invest directly in cryptocurrency, non-fungible tokens, or other digital assets.
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
Finance
Technology Services
Commercial Services
Cash
Mutual fund
Stocks78.37%
Finance26.78%
Technology Services22.45%
Commercial Services12.07%
Electronic Technology6.12%
Retail Trade5.19%
Consumer Services2.93%
Bonds, Cash & Other21.63%
Cash14.28%
Mutual fund11.08%
Miscellaneous−3.73%
Stock breakdown by region
North America84.90%
Latin America6.87%
Europe3.92%
Oceania2.36%
Asia1.95%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LMBO invests in stocks. The fund's major sectors are Finance, with 27.78% stocks, and Technology Services, with 23.29% of the basket. The assets are mostly located in the North America region.
LMBO last dividends amounted to 0.04 USD. The quarter before, the issuer paid 0.05 USD in dividends, which shows a 38.52% decrease.
LMBO assets under management is 3.69 M USD. It's risen 5.89% over the last month.
LMBO fund flows account for 2.04 M 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, LMBO pays dividends to its holders with the dividend yield of 0.64%. The last dividend (Apr 1, 2025) amounted to 0.04 USD. The dividends are paid quarterly.
LMBO shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Jul 17, 2024, and its management style is Passive.
LMBO expense ratio is 1.00% meaning you'd have to pay 1.00% of your investment to help manage the fund.
LMBO follows the Solactive Distributed Ledger & Decentralized Payment Tech Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LMBO invests in stocks.
LMBO price has fallen by −2.15% over the last month, and its yearly performance shows a −18.81% decrease. See more dynamics on LMBO price chart.
NAV returns, another gauge of an ETF dynamics, showed a 21.41% increase in three-month performance and has decreased by −13.37% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 21.41% increase in three-month performance and has decreased by −13.37% in a year.
LMBO trades at a premium (0.26%) meaning the ETF is trading at a higher price than the calculated NAV.