Direxion Daily Cloud Computing Bull 2X Shares (CLDL)
| Assets | $8.48M |
| Expense Ratio | 0.99% |
| PE Ratio | 64.70 |
| Shares Out | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +84.43% |
| Volume | 19,596 |
| Open | 11.12 |
| Previous Close | 11.09 |
| Day's Range | 10.83 - 11.12 |
| 52-Week Low | 5.47 |
| 52-Week High | 11.23 |
| Beta | n/a |
| Holdings | 55 |
| Inception Date | Jan 8, 2021 |
About CLDL
Fund Home PageThe Direxion Daily Cloud Computing Bull 2X Shares (CLDL) is an exchange-traded fund that is based on the Indxx USA Cloud Computing index. The fund provides 2x leveraged daily exposure to a market-cap-weighted US equity index of companies involved in the cloud computing industry. CLDL was launched on Jan 8, 2021 and is issued by Direxion.
Top 10 Holdings
176.44% of assets| Name | Symbol | Weight |
|---|---|---|
| INDXX USA CLOUD COMPUTING INDEX SWAP | n/a | 63.81% |
| INDXX USA CLOUD COMPUTING INDEX SWAP | n/a | 59.84% |
| DREYFUS GOVT CASH MAN INS | n/a | 20.42% |
| CrowdStrike Holdings, Inc. | CRWD | 5.70% |
| ServiceNow, Inc. | NOW | 4.73% |
| Adobe Inc. | ADBE | 4.66% |
| Atlassian Corporation Plc | TEAM | 4.62% |
| Snowflake Inc. | SNOW | 4.32% |
| Workday, Inc. | WDAY | 4.25% |
| Salesforce, Inc. | CRM | 4.09% |
News
Analysts Foresee Cloud Computing as a Necessity in 5 Years
Cloud computing has been one of the hot themes in 2023's big tech comeback. But its strength should extend beyond the short-term investment horizon.
Spending on Cloud Services Hits $68 Billion in Q3
Cloud computing has been one of the ongoing themes that have propelled the technology sector in this year's equities comeback. Cloud services spending reached $68 billion during the third quarter.
Microsoft Earnings Beat: What's Next?
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are ...
Microsoft Edged Out Its Cloud Computing Competitors in Q3
Q3 earnings continued to highlight big tech's 2023 comeback with Microsoft edging out its competitors when it comes to cloud computing. “On the cloud side, Microsoft reported growth of 29% at Azure,” ...
Oracle's big stock selloff acts as a big drag on both software and cloud ETFs
Shares of Oracle Corp. ORCL, -12.14% tumbled 12.1% in midday trading toward its biggest one-day selloff in 21 years in the wake of a disappointing earnings report, and were having an oversized drag on...
Cloud Computing ETF in the Green, but Headwinds Remain
The cloud computing industry is riding the wave of tech's comeback in 2023, putting the Daily Cloud Computing Bull and Bear 2X Shares ETFs (CLDL) in the green year-to-date, but headwinds do remain for...
Fundamentals of Cloud Computing Make This ETF One to Watch
Cloud computing was one of the shining stars during the height of the pandemic, but although the technology sub-sector has seen weakness as of late, it should still provide tremendous growth opportuni...
Some ETFs Deliver Cap Gains Hit
Most—but not all—ETFs have distributed minimal to no capital gains.
Leveraged Cloud Computing ETF up 15% for the Year
The introduction of the Direxion Daily Cloud Computing Bear 2X Shares (CLDL) at the beginning of the year was auspicious timing given the strength in big tech during the pandemic, and so far the fund ...
To The Cloud For Leverage As Direxion Launches First Geared Cloud Computing ETFs
Investors looking for a scorching hot corner of the technology sector need not look much further than cloud computing stocks and the related exchange traded funds. What Happened As is often said, wher...
Direxion Debuts 2X Leveraged Cloud Computing ETFs
Direxion launched two new leveraged ETFs that focus on companies that are involved in the delivery of computing services – servers, storage, databases, networking, software, analytics, and more, over ...