Direxion Daily Travel & Vacation Bull 2X SharesDirexion Daily Travel & Vacation Bull 2X SharesDirexion Daily Travel & Vacation Bull 2X Shares

Direxion Daily Travel & Vacation Bull 2X Shares

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Key stats


Assets under management (AUM)
‪4.70 M‬USD
Fund flows (1Y)
‪−6.89 M‬USD
Dividend yield (indicated)
1.22%
Discount/Premium to NAV
1.7%
Shares outstanding
‪300.00 K‬
Expense ratio
0.98%

About Direxion Daily Travel & Vacation Bull 2X Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Home page
Inception date
Jun 10, 2021
Structure
Open-Ended Fund
Index tracked
BlueStar Travel and Vacation Index
Replication method
Synthetic
Management style
Passive
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
OOTO aims to deliver 2x the daily returns of its underlying index, which is comprised of US-listed stocks and depositary receipts of global travel and vacation companies as identified by the fund adviser. Companies eligible for inclusion must either: (a) derive 25% or more of its revenue from or devote 25% or more of its budget to operating theme parks and/or hotels, or (b) derive 50% of its revenue from or devote 50% of its budget to the following activities: hotel accommodations, commercial airlines, casino resorts, hotel timeshares, ski resorts, cruises, hotel REITs, performing arts centers, as well as online travel and event booking. The index is reviewed semi-annually, any one category of these companies is limited to 20% of the index weight. As a levered product, OOTO is not a buy-and-hold investment and should not be expected to provide index leverage returns greater than a one-day period

Classification


Asset Class
Equity
Category
Sector
Focus
Consumer discretionary
Niche
Hotels, resorts & cruise lines
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Consumer Services
Transportation
Cash
Stock breakdown by region
1%85%5%8%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to OOTO via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
OOTO trades at 16.24 USD today, its price has risen 1.84% in the past 24 hours. Track more dynamics on OOTO price chart.
OOTO net asset value is 15.69 today — it's risen 12.41% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
OOTO assets under management is ‪4.70 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
OOTO price has risen by 14.31% over the last month, and its yearly performance shows a 15.77% increase. See more dynamics on OOTO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 12.41% over the last month, showed a −4.14% decrease in three-month performance and has increased by 13.61% in a year.
OOTO fund flows account for ‪−6.89 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
OOTO invests in stocks. See more details in our Analysis section.
OOTO expense ratio is 0.98%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, OOTO is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, OOTO technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating OOTO shows the buy signal. See more of OOTO technicals for a more comprehensive analysis.
Yes, OOTO pays dividends to its holders with the dividend yield of 1.22%.
OOTO trades at a premium (1.69%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
OOTO shares are issued by Rafferty Asset Management LLC
OOTO follows the BlueStar Travel and Vacation Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 10, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.