What is CLDL?

CLDL provides 2x leveraged daily exposure to a market-cap-weighted US equity index of companies involved in the cloud computing industry.

PERFORMANCE [as of 12/06/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CLDL 5.71% -17.66% -72.23% -71.59% -- -- --
CLDL (NAV) 6.16% -17.88% -72.17% -71.49% -- -- --
Indxx USA Cloud Computing Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CLDL Factset Analytics Insight

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 isn’t 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.

CLDL Summary Data

Direxion
01/08/21
0.96%
$6.08M
Indxx USA Cloud Computing Index
N/A
Open-Ended Fund

Peers

N/A

Fund Flows

$0.00B 5 Days
-$0.00B 30 Days
+$0.00B 90 Days

CLDL Fund Structure

Yes
N/A
-- / --
N/A
N/A
High
2
Daily

CLDL Tax Exposures

20.00% / 39.60%
--
No

CLDL Portfolio Data

17.18%
N/A

CLDL Index Data

Indxx USA Cloud Computing Index
Market Cap
Market Cap
N/A

Factset Analytics Block Liquidity

As of 12/07/22

This measurement shows how easy it is to trade a $1 million USD block of CLDL. CLDL is rated a N/A out of 5.

CLDL Tradability

24,643
$157.84K
22,221
$139.06K
0.51%
$0.03
-0.03%
2.29% / -2.25%
None
100.00%
50,000
0.44
0.02%
--
267
$5.93
N/A