CURE
Direxion Daily Healthcare Bull 3X Shares
📎 Investment Objective
The Direxion Daily Healthcare Bull 3X Shares ETF (CURE) seeks to provide 3x the daily return of the Health Care Select Sector Index, which tracks the healthcare sector of the S&P 500 Index.
Overview
ETF tracking Direxion Daily Healthcare Bull 3X Shares
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Direxion Daily Healthcare Bull 3X Shares ETF (CURE) seeks to provide 3x the daily return of the Health Care Select Sector Index, which tracks the healthcare sector of the S&P 500 Index.
🎯 Investment Strategy
The fund uses a combination of financial instruments, such as futures contracts and swap agreements, to provide the 3x leveraged exposure to the underlying index. It rebalances its portfolio daily to maintain the target leverage ratio.
✨ Key Features
- Provides 3x the daily return of the healthcare sector of the S&P 500 Index
- Utilizes leveraged financial instruments to achieve the target exposure
- Rebalances its portfolio daily to maintain the 3x leverage
- Designed for short-term, speculative trading rather than long-term investment
⚠️ Primary Risks
- Significant risk of loss due to the leveraged nature of the fund
- Potential for large daily fluctuations in the fund's net asset value
- Compounding effect of daily rebalancing can lead to unexpected long-term performance
- Lack of a long-term track record and low assets under management
👤 Best For
This ETF is designed for experienced, risk-tolerant investors who seek short-term, speculative exposure to the healthcare sector and understand the risks associated with leveraged funds. It is not suitable for long-term, buy-and-hold investors.