LBJ

Direxion Daily Latin America Bull 3X Shares
*Unless otherwise stated, data provided by FactSet.

LBJ Fund Description

LBJ provides daily 3x exposure to a market-cap-weighted index covering 70% of the total market capitalization of Brazil, Mexico, Chile, Peru, and Colombia.

LBJ Factset Analytics Insight

LBJ provides 300% of the return of an index covering 70% of the market capitalization of five Latin American countries—Brazil, Mexico, Chile, Peru, and Colombia—for one day. Investors who hold the fund for longer than a single trading day may fall victim to the effects of compounding, which can cause the effective leverage factor to depart (sometimes greatly) from the headline 300% exposure. Financials lead the way here, comprising around a third of the index, followed by significant stakes in Basic Materials, Consumer Non-Cyclicals, and Energy. The index is also somewhat concentrated, with its top ten names comprising about half the portfolio. LBJ charges an above average fee for the leveraged space, but trading costs are the bigger concern for this single-day trading tool. Use caution: volume tends to be middling and spreads high, making limit orders essential.

LBJ CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 07/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
LBJ 20.86% 1.78% 35.18% 17.08% 12.71% -23.04% --
LBJ (NAV) 14.45% 8.31% 35.50% 25.68% 11.47% -23.15% --
S&P Latin America 40 Index 5.01% 4.37% 15.48% 18.70% 23.87% 6.34% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

LBJ Summary Data

Direxion
12/03/09
Open-Ended Fund
1.33%
$10.91M
0.30%

LBJ Portfolio Data

1.40%
09/24/19

LBJ Index Data

Market Cap
Committee
N/A

LBJ Fund Structure

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

LBJ Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

LBJ Factset Analytics Block Liquidity

As of 07/12/19
5
4
3
2
1

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

LBJ Tradability

55,132
$1.12M
21,680
$439.55K
0.30%
$0.07
-0.06%
1.63% / -1.37%
None
0.00%
50,000
0.43
0.02%
--
207
$26.04
N/A