XOMX

Direxion Daily XOM Bull 2X Shares

$29.06

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The Direxion Daily XOM Bull 2X Shares (XOMX) seeks to provide 2x the daily return of the Exxon Mobil Corporation (XOM) stock.

Overview

ETF tracking Direxion Daily XOM Bull 2X Shares

Category Leveraged

Issuer Other

Inception Date 2025-04-23

Market Cap $3.6M

Average Volume N/A

Dividend Yield 1.08%

52-Week Range $22.19 - $29.07

VWAP $28.80

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Direxion Daily XOM Bull 2X Shares (XOMX) seeks to provide 2x the daily return of the Exxon Mobil Corporation (XOM) stock.

🎯 Investment Strategy

XOMX is a leveraged ETF that uses derivatives and other financial instruments to amplify the daily performance of the underlying XOM stock. The fund does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

Provides 2x the daily return of Exxon Mobil Corporation (XOM) stock
Utilizes leverage and derivatives to magnify daily performance
Resets exposure daily, which can lead to compounding effects over longer periods
Suitable for short-term, speculative trading rather than long-term investment

⚠️ Primary Risks

Significant daily volatility and risk of losses due to leverage
Potential for divergence from the underlying asset's long-term performance
Risks associated with the use of derivatives, including counterparty risk
Not suitable for investors with a long-term investment horizon

👤 Best For

XOMX is designed for experienced, sophisticated investors who understand the risks of leveraged ETFs and are seeking short-term, speculative exposure to the Exxon Mobil Corporation stock. It is not suitable for conservative or long-term investors.