Direxion Daily MSCI India Bull 2X Shares (INDL)
| Assets | $93.45M |
| Expense Ratio | 1.29% |
| PE Ratio | 37.12 |
| Shares Out | 1.40M |
| Dividend (ttm) | $0.83 |
| Dividend Yield | 1.26% |
| Ex-Dividend Date | Sep 24, 2024 |
| Payout Ratio | 46.59% |
| 1-Year Return | +43.81% |
| Volume | 19,640 |
| Open | 65.86 |
| Previous Close | 66.04 |
| Day's Range | 65.43 - 66.04 |
| 52-Week Low | 46.38 |
| 52-Week High | 78.00 |
| Beta | 1.85 |
| Holdings | 8 |
| Inception Date | Mar 11, 2010 |
About INDL
Fund Home PageThe Direxion Daily MSCI India Bull 2X Shares (INDL) is an exchange-traded fund that is based on the MSCI India index. The fund provides daily 2x exposure to an index designed to track the performance of the Indian equity market. INDL was launched on Mar 11, 2010 and is issued by Direxion.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2024 | $0.14794 | Oct 1, 2024 |
| Jun 25, 2024 | $0.1962 | Jul 2, 2024 |
| Mar 19, 2024 | $0.20567 | Mar 26, 2024 |
| Dec 21, 2023 | $0.27537 | Dec 29, 2023 |
| Sep 19, 2023 | $0.21571 | Sep 26, 2023 |
| Jun 21, 2023 | $0.2639 | Jun 28, 2023 |
News
Interest in Emerging Markets Growing Ahead of Rate Cuts
With U.S. Federal Reserve rate cuts looming, emerging markets (EM) are garnering interest from capital markets. This gives traders various options when looking at profitable opportunities in the EM sp...
Economic Growth Should Keep This India ETF Bullish
India equities continue to be a hot trade that short-term investors may want to consider if they haven't already. For the long-term horizon, continued economic growth should keep these equities on the...
Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures
Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.
EM Central Banks: More Easing In The Cards?
Emerging markets have taken solace in the view that the U.S. hiking cycle is over, helping deliver strong returns in 2023. Slowing global inflation has been due to sharply lower core goods inflation, ...
Emerging Markets Conclude 2023 On Better Note Than Developed Markets
Emerging markets will also be looking closely at economic conditions in mainland China, which will be a key determinant of broader emerging market growth in 2024. A key reason for diverging emerging a...
Consider This: Is India The New China?
India's potential for economic growth lies in its young population, business-friendly reforms, and technology sectors. To unlock this potential, India needs long-term policies to address structural co...
India's Manufacturing Output Surges While Inflation Pressures Ease
India's economy continues to experience rapid growth, with GDP expanding by 7.8% year-over-year in the April-June quarter of 2023. Industrial production in India rose by 10.3% year-over-year in August...
Emerging Markets Insights: From BRICS To BRICS+
The opportunity set is wide and growing wider in emerging markets, according to Franklin Templeton Emerging Markets Equity. The BRICS summit in South Africa in August announced the expansion of the gr...
India's Economy Continues To Show Strong Growth In Mid-2023
India's economy continues to show strong expansion in the first half of 2023, driven by domestic demand and robust manufacturing and services sectors. Foreign direct investment (FDI) inflows into Indi...
Emerging Markets Funds See Top 10 Weekly Outflow On Record
Emerging Markets Funds are made up of funds that seek long-term capital appreciation. Nigeria and Emerging Markets Europe have been the two areas that have seen the highest year-to-date and May return...
Emerging Markets Insights: Emerging Market Banks Are Resilient
The liquidity crisis impacting selected developed market banks has unnerved emerging market investors. Markets have recovered from the turmoil following the liquidity crisis impacting some banks in th...
India: Another Solid Year Ahead For The Economy
Good growth momentum, strong credit growth, and a supportive budget environment provide a positive backdrop, though the Reserve Bank of India (RBI) still has work to do to tame inflation. Export growt...
Emerging Markets Equities: Positioned For A Rebound?
In an economic downturn, higher-growth EM stocks that have derated and have strong and stable earnings could outperform, in our opinion. In China, we are cautiously positive on possible policy changes...
Emerging Market Equities - Why Now?
Emerging markets remain resilient despite headwinds, but many investors have shied away from the asset class. We believe emerging markets are better positioned to weather current challenges versus dev...
5 Growth Opportunities In India
India is now the fastest-growing major economy in the world, surpassing China for the first time in a generation, with close to 8% growth. India's combination of a pro-business, reform-minded governme...
India's Economy After Second Wave Of COVID-19
The second wave of the coronavirus disease 2019 (COVID-19) virus pandemic in India appears to be receding, with recorded new daily infections steadily declining from their peak of over 450,000 cases i...
India's Economic Recovery To Continue In 2021; COVID-19 Second Wave Main Risk
There is no doubt this current second COVID-19 wave will leave a dent in India's economic recovery, which could last for 1-2 quarters. While the COVID-19 situation in India is serious with case number...
India ETFs Climb as Investors Look Beyond Coronavirus
Indian stocks continue to march higher despite growing coronavirus cases. Trade the country's stocks using these three ETFs.
India ETFs Test Uptrend Line as Budget Looms
Indian stocks are trading at support ahead of this weekend's closely watched Union Budget. Add these India ETFs to your watchlist.
Indian ETFs Surge After Abolition of Tax Surcharge
Discover why Indian markets bucked Friday’s global selloff. Gain exposure to the subcontinent’s stocks using these three India ETFs.