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NIFE - Direxion Fallen Knives ETF

Stock Price: $74.13 USD -1.29 (-1.71%)
Updated Apr 20, 2021 4:00 PM EDT - Market closed
After-hours: $74.13 0.00 (0.00%) Apr 20, 8:00 PM
Assets $11.12M
NAV $74.13
Expense Ratio 0.50%
PE Ratio 19.24
Beta (5Y) 1.58
Dividend (ttm) $4.01
Dividend Yield 5.40%
Ex-Dividend Date Mar 23, 2021
1-Year Return -
Trading Day April 20
Last Price $74.13
Previous Close $75.42
Change ($) -1.29
Change (%) -1.71%
Day's Open 75.07
Day's Range 73.63 - 74.13
Day's Volume 641
52-Week Range 44.04 - 76.15

Fund Description

The investment seeks investment results, before fees and expenses, that track the Indxx US Fallen Knives Index. The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise 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 andhave financial health, suggesting that the security has potential for share price recovery in the future. It is non-diversified.

Asset Class
Equity
Inception Date
Jun 11, 2020
Exchange
NYSEARCA
Ticker Symbol
NIFE
Index Tracked
Indxx US Fallen Knives Index

Top 10 Holdings

46.92% of assets
NameSymbolWeight
Western Alliance BancorporationWAL5.62%
Fifth Third BancorpFITB5.19%
Cincinnati FinancialCINF5.16%
Reinsurance Group of AmericaRGA4.97%
NovocureNVCR4.95%
Huntington BancsharesHBAN4.88%
Jazz PharmaceuticalsJAZZ4.79%
Exact SciencesEXAS4.10%
EMCOR GroupEME3.65%
Gildan ActivewearGIL3.63%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Mar 23, 2021$0.074Mar 30, 2021
Dec 22, 2020$0.174Dec 30, 2020
Sep 22, 2020$0.04Sep 29, 2020
Full Dividend History

News

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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 month ago - ETF Trends

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

7 months ago - Benzinga

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 ...

9 months ago - ETF Trends

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 tickers mentioned: HIPR, WFH
9 months ago - ETF Trends

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

Other tickers mentioned: HIPR, DYHG
9 months ago - CNBC

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...

9 months ago - ETF Trends