CLDL
Direxion Daily Cloud Computing Bull 2X Shares
CLDL provides 2x leveraged daily exposure to a market-cap-weighted US equity index of companies involved in the cloud computing industry.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
14.1 M
ASSETS UNDER MGMT
99 bp
EXPENSES
Fund Basics
| Fund sponsor | Rafferty Asset Management |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jan 08, 2021 |
| Assets (mns) | $14 |
| Expense ratio | 99 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Derivatives-based | Yes |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 05/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 0.7% | 64.2% | 32.3% | 17.1% | -- | -- | -- | -13.6% |
| Dividend Yield | 0.0% | 0.0% | 0.4% | 0.2% | -- | -- | -- | 2.6% |
| Total Returns | 0.7% | 64.3% | 32.8% | 17.3% | -- | -- | -- | -11.1% | Ann. Volatility | 73.1% | 59.6% | 52.6% | 59.4% | -- | -- | -- | 62.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 2.23 | 55% |
| MSCI EAFE | 1.01 | 12% |
| MSCI Emg Mkts | 0.84 | 8% |
Liquidity Measures
| Avg. volume (000) | 6 |
| ADV traded (mns) | $0 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.77% |
Technical Indicators
| Recent close | $13.94 |
| 30d moving avg. | $13.68 |
| Annualized volatility | 50.3% |
| Relative strength (RSI) | 52 |
| Short interest | 1.7% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| CLDL (99 bp) Percentile rank | 95 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| CLDL | 99.0 | 76.5 | 175.5 |
| Peer Avg. | 49.0 | 20.1 | 69.2 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .