Direxion Daily Cloud Computing Bear 2X Shares (CLDS)

NYSEARCA: CLDS · IEX Real-Time Price · USD
38.51
+1.10 (2.94%)
Sep 23, 2022 4:00 PM EDT - Market open
2.94%
Assets $18.82M
NAV $37.64
Expense Ratio 0.99%
PE Ratio n/a
Shares Out 500,000
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
1-Year Return +124.16%
Volume 11,895
Open 38.97
Previous Close 37.41
Day's Range 38.20 - 39.53
52-Week Low 14.79
52-Week High 46.43
Beta -2.12
Holdings 5
Inception Date Jan 8, 2021

About CLDS

The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is provided by Indxx, LLC and includes domestic companies that deliver cloud computing infrastructure, platforms, or services. The fund is non-diversified.

Asset Class Equity
Region North America
Issuer Direxion Investments
Stock Exchange NYSEARCA
Ticker Symbol CLDS
Index Tracked Indxx USA Cloud Computing Index

News

No Sunshine for Cloud Computing as Bearish ETF Rises

At the beginning of the pandemic, the sun was shining on cloud computing as social distancing measures stressed a focus on online business models. Now, bearish sentiment is pushing the space lower, maki...

2 weeks ago - ETF Trends

Direxion to Close 7 ETFs

2022 has so far left eclipsed 2021 when it comes to closures.

3 weeks ago - ETFcom

A Pullback in Cloud Computing Spikes Interest in This ETF

At the height of the pandemic, cloud computing stocks were one of the strongest subsectors of tech. However, the sector could be suffering a case of too much too soon as valuations of cloud computing co...

1 month ago - ETF Trends

Top Performing Leveraged/Inverse ETFs: 07/17/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

2 months ago - ETF Trends

5 Inverse ETFs Rallying This Year With Tech Meltdown

Big technology stocks are facing their biggest rout in more than a decade. The S&P 500's information-technology sector has dropped 20% so far this year.

Other symbols: REWTECSWEBSXLK
3 months ago - Zacks Investment Research

Is a Cloud Computing Comeback in the Making?

Like the rest of the technology sector thus far in 2022, cloud computing has fallen to the wayside despite being a much-celebrated sub-sector amid the pandemic. With social distancing measures easing an...

3 months ago - ETF Trends

Top Performing Leveraged/Inverse ETFs: 05/08/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

4 months ago - ETF Trends

5 Best Inverse/Leveraged ETF Areas of Last Week

Wall Street was downbeat last week due to rising rate worries, stagflation fears and geopolitical tensions.

Other symbols: DRVFXPTMVYANG
4 months ago - Zacks Investment Research

5 Inverse ETFs Enjoying a Rally This Year

The combination of factors has led to a steep sell-off in the growth sectors like technology, raising the appeal for inverse or inverse-leveraged ETFs.

Other symbols: LABDSOXSSQQQ
5 months ago - Zacks Investment Research

Top Performing Leveraged/Inverse ETFs: 04/10/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

5 months ago - ETF Trends

Fundamentals of Cloud Computing Make This ETF One to Watch

Cloud computing was one of the shining stars during the height of the pandemic, but although the technology sub-sector has seen weakness as of late, it should still provide tremendous growth opportuniti...

Other symbols: CLDL
6 months ago - ETF Trends

Top Performing Leveraged/Inverse ETFs: 02/20/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Other symbols: GDXGDXJWEBSBOIL
7 months ago - ETF Trends

This Cloud Computing Bear ETF Is up Over 40%

Cloud computing was one of the darlings during the height of the pandemic in 2020. The air may finally be coming out of that balloon, highlighted by the weakness in this tech sub-sector as of late.

7 months ago - ETF Trends

Top Performing Leveraged/Inverse ETFs: 01/09/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Other symbols: DIGDPSTERXLABDWEBS
8 months ago - ETF Trends

Play the Bearish Side of Cloud Computing With This Leveraged ETF

It's been nothing but cloudy skies for the cloud computing space, allowing traders to play the bearish side of the technology sub-sector. Even before cloud computing gained increased popularity during t...

8 months ago - ETF Trends

Profit From the Tech Sell-Off With These Inverse ETFs

The technology sector was off to its worst start since the 2008 financial crisis due to inflationary pressure and Fed's hawkish tone.

Other symbols: REWSQQQTECSWEBS
8 months ago - Zacks Investment Research

5 Leveraged ETFs That Gained Double-Digits in December

Although inflationary fears and the rapidly spreading Omicron variant of COVID-19 have kept investors jittery, strong consumer confidence and a holiday sales surge have driven the market higher.

Other symbols: CURELTLNAILUTSL
8 months ago - Zacks Investment Research

Top Performing Leveraged/Inverse ETFs: 12/05/2021

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

9 months ago - ETF Trends

5 Best Inverse-Leveraged ETFs of Last Week

Last week was downbeat for Wall Street? Apart from the Omicron woes, inflationary pressure continued to bother markets.

Other symbols: KOLDLABDWEBS
9 months ago - Zacks Investment Research

5 Leveraged/Inverse ETFs Up More Than 15% in November

The month of November proved to be volatile for the U.S. stock market given rising inflation, a surge in COVID-19 cases and Fed's taper talks.

Other symbols: LABDSOXL
9 months ago - Zacks Investment Research

Inverse ETFs to Play the Decline in Tech Sector

The technology sector is witnessing weakness since the start of the week amid intensifying fears of increasing inflation and rising interest rates.

Other symbols: REWSOXSSQQQTECSWEBS
1 year ago - Zacks Investment Research

7 Best Leveraged/Inverse ETFs Up 20% Plus in March

Amid the bull and bear tug-of-war, the demand for leveraged and inverse-leveraged ETFs has increased.

1 year ago - Zacks Investment Research

Top Inverse/Leveraged ETF Areas of Last Week

Last week was downbeat for Wall Street due to rising rate worries and subdued retail sales data. Several inverse leveraged ETFs gained handsomely last week.

Other symbols: JNUGTZAUBR
1 year ago - Zacks Investment Research

Top 4 Inverse/Leveraged ETF Areas of Last Week

The first week of March was mixed for Wall Street. The energy sector has been the key winner.

Other symbols: DPSTGUSHLABDUSOWEBS
1 year ago - Zacks Investment Research

6 Inverse ETFs Riding High on Tech Sell-Off This Week

Higher rates tend to hit hard the technology sector as it relies on easy borrowing for superior growth.

Other symbols: SOXSSQQQTECSWEBS
1 year ago - Zacks Investment Research