LMTL

Direxion Daily LMT Bull 2X ETF

$28.82

+0.00%

Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The Direxion Daily LMT Bull 2X ETF seeks to provide 2x the daily return of the common stock of Lockheed Martin Corporation.

Overview

ETF tracking Direxion Daily LMT Bull 2X ETF

Category Leveraged

Issuer Other

Inception Date 2025-08-06

Market Cap $4.3M

Average Volume N/A

Dividend Yield 0.36%

52-Week Range $24.65 - $35.64

VWAP $28.43

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Direxion Daily LMT Bull 2X ETF seeks to provide 2x the daily return of the common stock of Lockheed Martin Corporation.

🎯 Investment Strategy

The fund uses swap agreements and other derivatives to provide leveraged exposure to the performance of Lockheed Martin's stock. It does not invest directly in the underlying stock.

✨ Key Features

Provides 2x the daily return of Lockheed Martin's stock price
Utilizes derivatives and leverage to amplify exposure
Resets daily, so longer-term returns may differ from 2x the stock's performance
Very small fund with limited trading history and assets under management

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for divergence between the fund's daily return and 2x the daily return of the underlying stock
Liquidity risk and wide bid-ask spreads due to small fund size
Counterparty risk associated with the derivative contracts

👤 Best For

This ETF is intended for experienced, risk-tolerant investors with a very short-term investment horizon who are seeking to make leveraged bets on the daily performance of Lockheed Martin's stock. It is not suitable for long-term buy-and-hold investors.