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INDL Price & Analysis

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INDL ETF Chart & Stats

ETF Overview

Direxion Daily MSCI India Bull 2X Shares

The Direxion Daily MSCI India Bull 2X Shares ETF, with the ticker INDL, is a dynamic investment vehicle designed to provide leveraged exposure to the Indian equity market. This ETF is strategically categorized under Size and Style, specifically focusing on the Total Market, and operates within a Broad-based niche. It aims to deliver twice (2X) the daily performance of the MSCI India Index, making it an ideal choice for investors seeking amplified returns from India’s burgeoning market. INDL is tailored for sophisticated investors who are bullish on India's economic growth and are prepared to embrace the heightened volatility that comes with leverage. The fund's structure allows it to capture the expansive opportunities within the Indian market, from established conglomerates to emerging enterprises across various sectors. By focusing on the total market, INDL provides comprehensive coverage of the Indian economy, reflecting its diverse corporate landscape. This ETF offers an engaging proposition for those looking to capitalize on short-term price movements while accessing a broad spectrum of Indian equities. However, potential investors should be cognizant of the associated risks, including daily rebalancing impacts and the inherent leverage risk, thus making it more suitable for active traders and strategic investors with a deep understanding of leveraged ETF mechanics. INDL stands as a potent tool for those ready to leverage India's growth story, offering a unique avenue to tap into one of the world's fastest-growing economies.
Asset Class
Equity
Region
Asia-Pacific
Issuer
Direxion
Index Tracked
MSCI India
Ticker Symbol
INDL

Direxion Daily MSCI India Bull 2X Shares (INDL) Fund Flow Chart

Direxion Daily MSCI India Bull 2X Shares (INDL) 1 year Net Flows: 7M

INDL ETF FAQ

What was INDL’s price range in the past 12 months?
INDL lowest ETF price was 53.24 and its highest was 78.00 in the past 12 months.
    What is the AUM of INDL?
    As of Jan 29, 2025 The AUM of INDL is 75.25M.
      Is INDL overvalued?
      Not enough analysts have published a price target to calculate whether the price is overvalued.
      Does INDL pay dividends?
      INDL pays a Quarterly dividend of 0.347 which represents an annual dividend yield of 3.05%. See more information on INDL dividends here
        How many shares outstanding does INDL have?
        INDL has 1,349,686 shares outstanding.
          Which hedge fund is a major shareholder of INDL?
          Currently, no hedge funds are holding shares in INDL

          Top 10 Holdings

          Name
          Weight %
          USD_CASH
          U.S. Dollar
          57.91%
          iShares MSCI India ETF
          42.09%
          Total100.00%
          See All Holdings
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