SMLLDirexion Daily Small Cap Bull 2X Shares
SMLL Fund Description
SMLL provides daily 2x exposure to a market-cap-weighted index of US small-cap companies.
SMLL Factset Analytics Insight
SMLL provides daily leverage exposure to the Russell 2000 Index, a primarily small-cap index that consists of stocks ranked between 1001-3000 by market cap. As a leveraged daily tactical tool, investors should pay attention to trading costs in the form of spreads and liquidity represented by daily volume. Trade the fund with care, as its market may not be deep enough to support day trading. SMLL is a direct competitor to ProShares’ UWM, which has ample liquidity and narrow spreads. Holding SMLL longer than its one-day reset period can cause performance to drift from its headline 2x exposure. Rebalance your exposure to achieve 2x results over time.
SMLL Charts And Performance
SMLL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SMLL. SMLL is rated a N/A out of 5.