NIFE
Direxion Fallen Knives ETFNIFE Fund Description
NIFE tracks a market-cap weighted index of US stocks that have negative momentum, but healthy fundamentals.
NIFE Factset Analytics Insight
NIFE passively captures US stocks whose share price are currently out of favor, but with sound financial health to support a potential rebound. In selecting its securities, the fund uses a systematic approach to identify securities that have experienced considerable decline in share price over the past twelve months of at least -15%. Companies are then scored on fundamental metrics such as: current ratio, cash flow coverage ratio, and debt-to-equity ratio. The top 50 names that score the highest in combination of the three metrics are selected for the portfolio. Securities’ weighting is based on market cap, subject to a 4.9% single security cap, which rebalances semi-annually and reconstituted annually.
NIFE Summary Data
NIFE Portfolio Data
NIFE Index Data
NIFE Portfolio Management
NIFE Tax Exposures
NIFE Fund Structure
NIFE Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of NIFE. NIFE is rated a 4 out of 5.
NIFE Tradability
NIFE Sector/Industry Breakdown
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NIFE Top 10 Holdings[View All]
NIFE Countries
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NIFE Regions
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NIFE Economic Development
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NIFE Performance Statistics
NIFE Benchmark Comparison Summary
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NIFE Benchmark Comparison Market Cap Size
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