NIFE - Direxion Fallen Knives ETF
|Ex-Dividend Date||Mar 23, 2021|
|Trading Day||April 20|
|Day's Range||73.63 - 74.13|
|52-Week Range||44.04 - 76.15|
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 |
|Inception Date |
Jun 11, 2020
|Ticker Symbol |
|Index Tracked |
Indxx US Fallen Knives Index
Top 10 Holdings46.92% of assets
|Western Alliance Bancorporation||WAL||5.62%|
|Fifth Third Bancorp||FITB||5.19%|
|Reinsurance Group of America||RGA||4.97%|
|Mar 23, 2021||$0.074||Mar 30, 2021|
|Dec 22, 2020||$0.174||Dec 30, 2020|
|Sep 22, 2020||$0.04||Sep 29, 2020|
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.
As the pandemic-induced March market swoon and subsequent rebound prove, plenty of investors like the idea of catching fall knives.
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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 ...
Direxion's new fund leverages growth, quality and momentum factors to give investors a high-growth offering that attempts to limit market downside.
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...