DOZR Profile
The
US Infrastructure Bull 2X Direxion ETF (DOZR) is an exchange-traded
fund (ETF) that seeks to provide investors with leveraged exposure to
the performance of the Dow Jones Brookfield Global Infrastructure
Composite Index. The fund's objective is to provide 2x leveraged daily
performance to the index.
DOZR uses a strategy called
&";leveraged investing&"; to achieve its objective. This means that the
fund uses financial derivatives such as swaps, futures contracts, and
options to achieve double the daily performance of the index. This
type of investment strategy is considered to be higher risk, as it can
magnify both gains and losses.
As of September 2021, the DOZR
ETF has a net asset value (NAV) of approximately $8 million and holds
a basket of derivative contracts and other financial instruments to
achieve its investment objective. The ETF's expense ratio is 1.07%,
which is relatively high compared to other ETFs.
It is
important to note that DOZR is designed to be a short-term trading
tool and not a long-term investment. The fund's leveraged strategy
makes it more suitable for investors with a higher risk tolerance and
a short-term investment horizon.
Overall, the US Infrastructure
Bull 2X Direxion ETF (DOZR) could be a good investment option for
investors looking to potentially profit from the performance of the
Dow Jones Brookfield Global Infrastructure Composite Index with
leverage. However, as with any investment, it is important to conduct
thorough research and consider factors such as risk tolerance,
investment objectives, and fees before making a decision.
Additionally, leveraged ETFs can be riskier and more complex than
traditional ETFs, and as such, may not be suitable for all
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