Direxion Fallen Knives ETF (NIFE)

NYSEARCA: NIFE · IEX Real-Time Price · USD
43.13
1.18 (2.80%)
At close: May 26, 2022 4:00 PM
43.13
0.00 (0.00%)
After-hours:May 26, 2022 8:00 PM EDT
Assets$3.56M
NAV$44.46
Expense Ratio0.50%
PE Ratio17.88
Shares Out80,000
Dividend (ttm)$3.16
Dividend Yield7.33%
Ex-Dividend DateDec 9, 2021
1-Year Return-44.82%
Volume35
Open43.14
Previous Close41.95
Day's Range43.09 - 43.17
52-Week Low39.45
52-Week High79.83
Beta0.90
Holdings50
Inception DateJun 11, 2020

About NIFE

The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index or investments with economic characteristics similar to the securities included in the index. The index is designed by Indxx, LLC to consist of U.S. equity securities that have experienced considerable share price declines over the prior year but have financial health, suggesting that the security has potential for share price recovery in the future. It is non-diversified.

Asset ClassEquity
RegionNorth America
IssuerDirexion Investments
Stock ExchangeNYSEARCA
Ticker SymbolNIFE
Index TrackedIndxx US Fallen Knives Index

Top 10 Holdings

50.54% of assets
NameSymbolWeight
Ionis PharmaceuticalsIONS6.70%
Citrix SystemsCTXS5.84%
McCormick & CompanyMKC5.67%
Sarepta TherapeuticsSRPT5.32%
Grocery Outlet HoldingGO5.10%
HaemoneticsHAE4.85%
AlteryxAYX4.77%
SplunkSPLK4.72%
Las Vegas SandsLVS4.06%
GDS HoldingsGDS3.50%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Dec 9, 2021$2.89887Dec 16, 2021
Sep 21, 2021$0.057Sep 28, 2021
Jun 22, 2021$0.20685Jun 29, 2021
Mar 23, 2021$0.07375Mar 30, 2021
Dec 22, 2020$0.17408Dec 30, 2020
Dec 10, 2020$3.71732Dec 17, 2020
Full Dividend History

News

You've Heard of Fallen Angels. But Fallen Knives?

Traders can cut through the red tape of company research and analysis with funds like the Direxion Fallen Knives ETF (NIFE). NIFE seeks investment results that track the Indxx US Fallen Knives Index.

1 year ago - ETF Trends

Catching Falling Knifes Is Alluring With This ETF

As the pandemic-induced March market swoon and subsequent rebound prove, plenty of investors like the idea of catching fall knives.

1 year ago - Benzinga

Direxion NIFE: An ETF To Help Identify Future Winners

While equity markets have advanced strongly since the March lows were formed, not all stocks have performed equally as well, making it difficult to cull the best stocks from the rest. For example, tech ...

1 year ago - ETF Trends

Direxion’s Latest ETFs Target Investors with Long-Term Horizons

Direxion Investments offer short-term traders a plethora of options when it comes to the markets, ranging from commodities to bonds and whether they want to go long or short using exchange-traded funds ...

Other symbols:WFH
1 year ago - ETF Trends

Direxion launches three buy-and-hold ETFs for long-term investors with one focused on high growth

Direxion's new fund leverages growth, quality and momentum factors to give investors a high-growth offering that attempts to limit market downside.

1 year ago - CNBC

ETF of the Week: Direxion Fallen Knives ETF (NIFE)

ETF Trends CEO Tom Lydon discussed the Direxion Fallen Knives ETF (NIFE) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. The Direxion Fallen Knives ETF aims to deliver a...

1 year ago - ETF Trends