KLNE Direxion Daily Global Clean Energy Bull 2X Shares
What is KLNE?
KLNE aims for 2x leveraged daily exposure to a tiered index of global companies involved in clean energy businesses.
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
KLNE Fund Structure
KLNE Tax Exposures
KLNE Portfolio Data
KLNE Index Data
Factset Analytics Block Liquidity
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.
Options Strategies for Outcome Investing
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.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.