Direxion Work From Home ETF

WFH is a US Equities ETF. The Direxion Work From Home ETF offers exposure to companies across four technology pillars, allowing investors to gain exposure to those companies that stand to benefit from an increasingly flexible work environment. The four pillars include Cloud Technologies, Cybersecurity, Online Project and Document Management, and Remote Communications. Companies are selected for inclusion in the index by ARTIS, a proprietary natural language processing algorithm, which uses key words to evaluate large volumes of publicly available information, such as annual reports, business descriptions and financial news. The Index consists of 40 companies, namely, the top 10 ranked companies in each of the four WFH Industries.

WFH tracks the Solactive Remote Work Index.

No, WFH is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, WFH is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on WFH is -0.0189%. This is the percent change in the value of WFH over the most recent 1-month period. The 3-month return on WFH is -0.0022%. This is the percent change in the value of WFH over the most recent 3-month period.

The standard deviation of WFH for the past year is 0.2901%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to WFH include SPHQ, DSI, and QUAL.

ETFs correlated to WFH include SKYY, THNQ, and CLOU.

ETFs that are inversely correlated to WFH include WEBS, HIBS, and SQQQ.