S&P Select Industry Indices are designed to measure the performance of narrow GICS® sub-industries. The index comprises stocks in the S&P Total Market Index . See all ETFs tracking the S&P Regional Banks Select Industry Index, including the cheapest and the most popular among them. Compare their price, perform.
There is no guarantee the funds will meet their stated investment objectives. But the opportunity to take advantage of short-term trends is only won, if you get the direction right. Our leveraged ETFs are powerful tools built to help you:. Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage.
They seek daily goals and should not be expected to track the underlying index over periods longer than one day.
They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments. One cannot directly invest in an Index. Index sector weightings and top holdings are subject to change.
Line chart shows pricing trend over the last 30 days. As of December 31, If these expenses were included, the expense ratio would be higher. The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the funds website at direxioninvestments.
Based on the underlying holdings of the fund. The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation. Also known as Standardized Yield An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent day period by the current maximum offering price.
The sum of the most recent 12 dividends within the past days divided by Net Asset Value per share, expressed as a percentage. The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage. Get a deeper view of how an ETF's allocation to different sectors, countries and market capitalizations may impact its performance.
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold.
Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index. The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.
The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding. ETFs are flexible and easy to trade.
Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges. ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance. In general, ETFs can be expected to move up or down in value with the value of the applicable index.
Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Please see the prospectus for more details. After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as k plans or individual retirement accounts. As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.
This group created and managed portfolios that were designed to meet the short-term market exposure needs of our institutional clients. He began his career at State Street within the Global Services division in He also serves as a senior portfolio manager for a number of the group's passive equity portfolios. Schneider worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios.
He joined SSGA in Within this team, Payal is responsible for the management of several commingled funds, mutual funds, separately managed accounts, and ETFs that are benchmarked to US domestic, international developed and emerging market indices.
In this role, she worked on automating business processes and designing and implementing global investment management applications. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, and do not reflect the impact of state and local taxes. Actual after tax returns depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shres through tad deferred arrangements such as k plans or individual retiredment accounts.
Rising interest rates are not always a negative thing, however, particularly if economic growth and inflation are supportive of those higher borrowing costs. As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.
Information herein is not intended for Professional Investors in any jurisdiction in which distribution or purchase is not authorized. Month End Quarter End.