Name of ETF: Direxion Daily Developed Markets Bear 3x Shares
Benchmark Index: MSCI EAFE Index
Ticker Symbol: DPK
Approximate Number of Stocks in this ETF: 900
Leveraged-Short ETF: This ETF allows investors to initiate a leveraged bearish position against the MSCI EAFE Index. If the MSCI EAFE Index goes down, this ETF is designed to go up three times the amount the index went down on a daily basis. Conversely, if the MSCI EAFE Index goes up, this ETF is designed to go down three times the amount the index went up.
Types of Companies Included: Large, mid and small-sized companies located in developed market economies throughout Europe, Australasia and the Far East. Companies from the United States, Canada and emerging market economies are excluded from this ETF.
Countries with the Most Representation: Japan and the United Kingdom.
Sector with the Most Representation: The sector with the most representation (largest weight) is the financial sector which represents a significant percentage of this ETF.
Individual Company Weight: This ETF is diversified with no one company representing a significant percentage of the ETF.
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