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What is KLNE?

KLNE aims for 2x leveraged daily exposure to a tiered index of global companies involved in clean energy businesses.

PERFORMANCE [as of 03/21/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
KLNE -4.01% -15.65% -10.65% -27.96% -- -- --
KLNE (NAV) -4.06% -16.15% -10.75% -27.94% -- -- --
S&P Global Clean Energy -2.20% -7.32% -4.67% -8.72% 30.58% 16.17% 11.72%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

KLNE Factset Analytics Insight

KLNE aims to deliver 2x the daily returns of its underlying index, which is comprised of companies involved in the biofuels, ethanol, geothermal, hydroelectric, solar, and wind industries. Aside from holding companies that produce energy through these means, KLNE also includes companies that develop technology and equipment used in the process. Selected by the index committee, the fund is weighted by market-cap and exposure score — subject to several constraints — and reconstituted semi-annually. As a levered product, KLNE is not a buy-and-hold investment and should not be expected to provide index leverage returns greater than a one-day period.

KLNE Summary Data

Direxion
07/29/21
1.31%
$4.10M
S&P Global Clean Energy
N/A
Open-Ended Fund
Fund Home Page

Peers

N/A
N/A
Compare More ETFs

Fund Flows

$0.00B 5 Days
$0.00B 30 Days
+$0.00B 90 Days
More Fund Flows

KLNE Fund Structure

Yes
--
-- / --
N/A
N/A
High
2
None

KLNE Tax Exposures

20.00% / 39.60%
--
No

KLNE Portfolio Data

0.23%
N/A

KLNE Index Data

S&P Global Clean Energy
Market Cap
Principles-based
N/A

Factset Analytics Block Liquidity

As of 03/22/23

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

KLNE Tradability

3,952
$64.26K
2,146
$32.62K
1.40%
$0.22
-0.08%
0.93% / -1.55%
None
60.56%
50,000
0.04
0.02%
--
6
$14.27
N/A

Options Strategies for Outcome Investing

  • Collar Strategy
    Protection Strategy
  • Covered Call Strategy
    Income Strategy

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.