NYSEARCA:TIPL

Direxion Daily TIPS Bull 2X Shares (TIPL) Price, Holdings, & News

$20.40
0.00 (0.00%)
(As of 04/27/2023)
Today's Range
$20.40
$20.40
50-Day Range
$20.40
$20.40
52-Week Range
$19.26
$25.50
Volume
N/A
Average Volume
666 shs
Market Capitalization
$5.10 million
Assets Under Management
$4.08 million
Dividend Yield
5.34%
Net Expense Ratio
1.07%

About Direxion Daily TIPS Bull 2X Shares

The Direxion Daily TIPS Bull 2X Shares (TIPL) is an exchange-traded fund that is based on the Solactive TIPS ETF index. The fund is a fund-of-fund that provides daily 2x leveraged exposure to an index that holds the iShares TIPS Bond ETF, a broad portfolio of investment grade US Treasury inflation-protected securities with at least one year remaining in maturity. TIPL was launched on Apr 5, 2022 and is managed by Direxion.

TIPL Stock Price History

TIPL ETF News Headlines

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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily TIPS Bull 2X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:TIPL
Inception Date
4/7/2022
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Multi Asset
Benchmark
Solactive TIPS ETF Index
Category
U.S. Government
Focus
TIPS
Development Level
Developed Markets
Region
North America
Number of Holdings
4

Fund Statistics

Assets Under Management
$4.08 million
Average Daily Volume
$0.00
Discount/Premium
-0.02%
Leveraged
2.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Susquehanna

Miscellaneous

Beta
-1.09
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily TIPS Bull 2X Shares Expenses

TypeTIPLTIPS ETFsMulti Asset ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.16%0.69%0.50%0.51%
Other Expenses0.34%0.12%0.79%0.64%0.58%
Total Expense1.09%0.19%1.21%0.74%0.70%
Fee Waiver-0.02%-0.01%-0.69%-0.68%-0.57%
Net Expense1.07%0.19%0.94%0.57%0.58%

Direxion Daily TIPS Bull 2X Shares (TIPL) Holdings

Top 4 TIPL Holdings


TIPL ETF - Frequently Asked Questions

How have TIPL shares performed in 2024?

Direxion Daily TIPS Bull 2X Shares' stock was trading at $20.3950 on January 1st, 2024. Since then, TIPL stock has increased by 0.0% and is now trading at $20.3950.
View the best growth stocks for 2024 here
.

What does TIPL invest in?

Direxion Daily TIPS Bull 2X Shares is a multi asset fund issued by Direxion. TIPL focuses on tips investments and follows the Solactive TIPS ETF Index. The fund's investments total to approximately $4.08 million assets under management.

What is the management fee for Direxion Daily TIPS Bull 2X Shares?

Direxion Daily TIPS Bull 2X Shares' management fee is 0.75% and has other expenses of 0.34%. However, TIPL has a fee waiver of -0.02% to reimburse the expenses. The net expense ratio for TIPL is 1.07%.

How do I buy shares of Direxion Daily TIPS Bull 2X Shares?

Shares of TIPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:TIPL) was last updated on 4/23/2024 by MarketBeat.com Staff

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