LACK

Direxion Daily Consumer Staples Bear 3X Shares
*Unless otherwise stated, data provided by FactSet.

LACK Fund Description

The Direxion Daily Consumer Staples Bear -3x Shares ETF provides 3x leveraged exposure to the U.S. consumer non-discretionary sector.

LACK Factset Analytics Insight

LACK is a daily -3x leveraged bet on the S&P Consumer Staples Select Industry Index. LACK does this through a portfolio swaps contracts that gets rebalanced at the end of each trading day. Because of this rebalancing, the fund’s return for periods longer than a day becomes path dependent, and is likely to be different from three times the inverse of the return of the index for the same period. This makes LACK suitable primarily for short-term traders. The expense ratio has minimal impact on the cost of holding these funds for a short period of time, and would matter little to someone who is speculating on the short-term movements of biotech companies. Trading costs as reflected in spreads, and potential premium/discounts are the predominant consideration here.

LACK Charts And Performance

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
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Select ETFs to compare their performance:
PERFORMANCE [as of 02/21/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
LACK -2.83% -16.04% -7.45% -43.69% -- -- --
LACK (NAV) -2.81% -16.04% -7.30% -43.70% -- -- --
S&P Consumer Staples Select Sector Index 1.03% 6.32% 2.70% 21.73% 8.64% 8.47% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

LACK Summary Data

Direxion
11/29/18
Open-Ended Fund
1.06%
$702.81K
0.12%

LACK Portfolio Data

3.28%
03/24/20

LACK Index Data

Market Cap
Market Cap
N/A

LACK Fund Structure

No
--
No Policy
N/A
N/A
High
-3
Daily

LACK Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

LACK Factset Analytics Block Liquidity

As of 02/24/20
5
4
3
2
1

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

LACK Tradability

710
$10.52K
453
$6.95K
0.12%
$0.02
-0.11%
0.90% / -0.52%
None
--
50,000
0.01
0.04%
--
0
$13.97
N/A