INDLDirexion Daily MSCI India Bull 2X Shares
INDL Fund Description
INDL provides daily 2x exposure to an index designed to track the performance of the Indian equity market.
INDL Factset Analytics Insight
INDL provides an aggressive, daily 2x leveraged bet on the MSCI India Index. Anyone holding INDL for longer than a single trading day will be exposed to the effects of compounding, which means that the 2x multiple may not be achieved. Prior to January 3, 2017, INDL tracked the Indus India Index, and prior to October 30, 2020, the fund's leverage factor was daily 3x exposure. Its current index, the MSCI India Index, broadened INDL’s exposure to cover approximately 85% of companies by market capitalization. The index is also rebalanced semi-annually.
INDL Summary Data
INDL Portfolio Data
INDL Index Data
INDL Fund Structure
INDL Tax Exposures
INDL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of INDL. INDL is rated a N/A out of 5.