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Direxion Daily Healthcare Bull 3X Shares

CURE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 15 2011
Expense Ratio
0.97%
Type
US Equities
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$5,320,001
AUM
$195,292,946
Associated Index
Health Care Select Sector Index
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

n/a
GOLDMAN FINL SQ TRSRY INST 506
4.22%
UNH
Unitedhealth Group Inc
2.05%
JNJ
Johnson & Johnson
1.97%
n/a
DREYFUS GOVT CASH MGMT
1.82%
n/a
DREYFUS GOVT CASH MGMT
1.27%
LLY
Lilly(Eli) & Co
1.22%
MRK
Merck & Co Inc
1.21%
ABBV
Abbvie Inc
1.16%
n/a
DREYFUS GOVT CASH MGMT
1.16%
PFE
Pfizer Inc.
1.11%
Invest with CURE

What is CURE?

The Daily Healthcare Bull 3x Shares seeks daily investment results, before fees and expenses, of 300% of the price performance of the Healthcare Select Sector Index. There is no guarantee the fund will meet its stated investment objective.

ETFs related toCURE

ETFs correlated to CURE include XLV, IYH, RXL

CURE
Direxion Shares ETF Trust - Direxion Daily Healthcare Bull 3X Shares
XLV
SSgA Active Trust - Health Care Select Sector SPDR
IYH
BlackRock Institutional Trust Company N.A. - iShares U.S. Healthcare ETF
RXL
ProShares Trust - ProShares Ultra Health Care 2X Shares
FHLC
Fidelity Covington Trust - Fidelity MSCI Health Care Index ETF
VHT
Vanguard Group, Inc. - Vanguard Health Care ETF
IXJ
BlackRock Institutional Trust Company N.A. - iShares Global Healthcare ETF
RYH
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Health Care ETF
PINK
Simplify Exchange Traded Funds - Simplify Health Care ETF
FXH
First Trust Exchange-Traded Fund III - First Trust Health Care AlphaDEX Fund
HART
IndexIQ ETF Trust - IQ Healthy Hearts ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toCURE

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

Can contain

CUREVHT
#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

Can contain

CUREVHT

Create your own algorithmic trading strategy with CURE using Composer

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.