The fund invests at least 80% of its net assets in financial instruments, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index is a modified equal-weighted index that is designed to measure performance of the stocks, defined as pharmaceutical and medical stocks, comprising the S&P Total Market Index that are classified in the GICS pharmaceuticals sub-industry. The fund is non-diversified.
Frequently asked questions
What is the Direxion Daily Pharmaceutical & Medical Bull 3X Shares ETF (PILL) expense ratio?
The Direxion Daily Pharmaceutical & Medical Bull 3X Shares ETF funds expense ratio is 1.01%.
What is Direxion Daily Pharmaceutical & Medical Bull 3X Shares ETF (PILL) current stock price?
As of the latest data, Direxion Daily Pharmaceutical & Medical Bull 3X Shares ETF stock price is $14.01, with a previous close of $13.90. Direxion Daily Pharmaceutical & Medical Bull 3X Shares ETF gained $0.11 in the last trading session, representing a 0.79% increase.
Does Direxion Daily Pharmaceutical & Medical Bull 3X Shares ETF (PILL) pay dividends?
Yes. Direxion Daily Pharmaceutical & Medical Bull 3X Shares ETF pays quarterly dividends with an annualized yield of 0.42% and an estimated annual payout of $0.06 per share.