TAWKDirexion Daily Communication Services Index Bull 3X Shares
TAWK Fund Description
The Direxion Daily Communication Services Index Bull 3x Shares provides 3x inverse exposure to a market-cap-weighted index of US large-cap companies in the telecommunications industry.
TAWK Factset Analytics Insight
TAWK provides daily 3x exposure to the S&P Communication Services Select Sector Index—a constituency of telecommunications companies derived from the S&P 500. Although TAWK has an incredibly high expense ratio, consider that the fund is designed to be a short-term trading vehicle. TAWK rebalances daily and, as a result, compounding and path dependency lead to a lack of predictability in the fund's long-term returns.
TAWK Charts And Performance
TAWK Portfolio Data
TAWK Index Data
TAWK Fund Structure
TAWK Tax Exposures
TAWK Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of TAWK. TAWK is rated a N/A out of 5.