Direxion Daily Natural Gas Related Bear 3x ETF (GASX)

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Fund Description

The investment seeks daily investment results, net of expenses, of 300% of the inverse of the performance of the ISE-REVERE Natural Gas IndexTM. The fund creates short positions by investing at least 80% of assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is composed of equity securities of issuers involved in the exploration and production of natural gas. The fund is non-diversified.

Fund Snapshot Updated 04.15.2014

Previous Close Expense Ratio 0.95%
YTD Return 33.94% Avg. 30-Day Volume 50,883
1-Year Return 70.7% Market Cap Loading...
Bid $16.77 Shares Outstanding 562,000
Ask $16.78 Dividends $0.00

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