TPOR

Direxion Daily Transportation Bull 3X Shares

$26.86

+0.00%

Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The Direxion Daily Transportation Bull 3X Shares ETF (TPOR) seeks to provide 3x the daily return of the Dow Jones Transportation Average Index, which tracks the performance of the transportation sector.

Overview

ETF tracking Direxion Daily Transportation Bull 3X Shares

Category Leveraged

Issuer Other

Inception Date 2017-05-03

Market Cap $14.8M

Average Volume N/A

Dividend Yield 1.13%

52-Week Range $14.71 - $41.21

VWAP $26.99

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

TPOR uses leveraged derivatives and other financial instruments to amplify the daily returns of the underlying index by a factor of 3. The fund does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

Provides 3x the daily return of the Dow Jones Transportation Average Index
Utilizes leveraged derivatives to magnify index performance
Resets exposure daily, not designed for long-term holding
Expense ratio of 0.00%

⚠️ Primary Risks

Significant daily volatility and potential for losses magnified by 3x leverage
Not suitable for long-term investment due to compounding effects of daily resets
Tracking error may cause returns to deviate from the target 3x multiple
Counterparty and derivatives risks associated with the leveraged strategy

👤 Best For

TPOR is a highly speculative and risky investment best suited for experienced traders with a very short-term investment horizon who are comfortable with the elevated volatility and risks of a leveraged ETF. It is not recommended for long-term, buy-and-hold investors.