Key stats
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
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
Stocks72.53%
Finance25.94%
Technology Services20.99%
Commercial Services11.92%
Retail Trade5.45%
Electronic Technology5.21%
Consumer Services3.01%
Bonds, Cash & Other27.47%
Cash19.48%
Mutual fund7.99%
Stock breakdown by region
North America82.60%
Latin America7.52%
Europe5.72%
Asia2.34%
Oceania1.82%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history