Direxion Daily MSCI India Bull 2x Shares (INDL)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
44.99 USD
+0.08
(0.178%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 44.99 |
Hot Take ↕ | Aug. 22, 2026, 4:58 a.m. EDT
This leveraged ETF is currently trapped in a structural downtrend that outweighs any temporary technical stabilization. While the price has recently stabilized near the 50-day average, the underlying asset is suffering from a severe multi-year decline: the fund lost nearly 40% last year and has been in a secular bear market since its massive 2021 peak. The recent 19% drop in the underlying index is the latest chapter in a nine-year saga where the asset has failed to generate consistent alpha, resulting in a flat-to-negative total return over the full window despite the double-long leverage. The options market confirms this pessimism, with traders aggressively buying protection at lower levels while offering almost no premium for upside moves. Although the 1.4% dividend yield provides a small cushion, it is insufficient to offset the compounding drag of the leveraged structure during a prolonged decline. This is a speculative vehicle for short-term tactical bets on an Indian rebound, not a long-term investment. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.019749 |
| AutoETS | 0.019826 |
| AutoTheta | 0.021667 |
| MSTL | 0.026066 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 51% |
| H-stat | 0.24 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.131 |
| Excess Kurtosis | 0.47 |
| Attribute | Value |
|---|---|
| Trailing P/E | 22.55 |
As of Aug. 22, 2026, 4:58 a.m. EDT: Speculators are positioning defensively with heavy put volume at lower strikes (30, 38, 43) and significant open interest in out-of-the-money puts for October expiration, suggesting a fear of further downside. Conversely, call activity is concentrated near the money (45-50 strikes) with very low open interest further out, indicating limited bullish conviction beyond current levels.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.27% | 1.25% | 1.80% | 1.81% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.120 | 0.268697 |
| 2026-03-24 | 0.103 | 0.252080 |
| 2025-12-23 | 0.204 | 0.353247 |
| 2025-09-23 | 0.211 | 0.376047 |
| 2025-06-24 | 0.199 | 0.325323 |
| 2025-03-25 | 0.193 | 0.339729 |
| 2024-12-23 | 0.347 | 0.568014 |
| 2024-12-12 | 0.767 | 1.170456 |
| 2024-09-24 | 0.148 | 0.193312 |
| 2024-06-25 | 0.196 | 0.285298 |
| 2024-03-19 | 0.206 | 0.351716 |
| 2023-12-21 | 0.275 | 0.495763 |
| 2023-09-19 | 0.216 | 0.434958 |
| 2023-06-21 | 0.264 | 0.565553 |
| 2023-03-21 | 0.179 | 0.467485 |
| 2022-12-20 | 0.042 | 0.087958 |
| 2021-12-21 | 1.403 | 2.532491 |
| 2019-12-23 | 0.015 | 0.021419 |
| 2019-09-24 | 0.026 | 0.042153 |
| 2019-06-25 | 0.354 | 0.483541 |
| 2019-03-19 | 0.072 | 0.092581 |
| 2018-12-27 | 0.121 | 0.184648 |
| 2017-12-19 | 0.315 | 0.322515 |
| 2012-12-18 | 0.052 | 0.067532 |
| 2010-12-14 | 1.164 | 0.620734 |
| Attribute | Value |
|---|---|
| All Time High | 224.76 |
| All Time Low | 9.13 |
| Ask | 47.8 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 7,690 |
| Average Daily Volume3 Month | 14,784 |
| Average Volume | 14,784 |
| Average Volume10Days | 7,690 |
| Beta3 Year | 0.75 |
| Bid | 39.98 |
| Bid Size | 600 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 45.1399 |
| Day Low | 44.7414 |
| Dividend Yield | 1.4 |
| Eps Trailing Twelve Months | 1.9953998 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 44.9732 |
| Fifty Day Average Change | 0.016799927 |
| Fifty Day Average Change Percent | 0.00037355415 |
| Fifty Two Week Change Percent | -18.303978 |
| Fifty Two Week High | 61.0 |
| Fifty Two Week High Change | -16.009998 |
| Fifty Two Week High Change Percent | -0.26245898 |
| Fifty Two Week Low | 38.9 |
| Fifty Two Week Low Change | 6.09 |
| Fifty Two Week Low Change Percent | 0.15655527 |
| Fifty Two Week Range | 38.9 - 61.0 |
| First Trade Date Milliseconds | 1,268,317,800,000 |
| Five Year Average Return | -0.0360375 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.08000183 |
| Fullday Change Percent | 0.17813812 |
| Fullday Price | 44.99 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,268,265,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The index is designed to measure the performance of the large- and mid-capitalization segments of the Indian equity market, covering approximately 85% of the Indian equity universe. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified. |
| Long Name | Direxion Daily MSCI India Bull 2x Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_99490860 |
| Nav Price | 44.915 |
| Net Assets | 57,023,080.0 |
| Net Expense Ratio | 1.23 |
| Open | 45.23 |
| Phone | 866-476-7523 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 44.99 |
| Post Market Time | 1,787,952,598 |
| Previous Close | 44.91 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0800018 |
| Regular Market Change Percent | 0.178138 |
| Regular Market Day High | 45.1399 |
| Regular Market Day Low | 44.7414 |
| Regular Market Day Range | 44.7414 - 45.1399 |
| Regular Market Open | 45.23 |
| Regular Market Previous Close | 44.91 |
| Regular Market Price | 44.99 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 3,868 |
| Short Name | Direxion Daily MSCI India Bull |
| Source Interval | 15 |
| Symbol | INDL |
| Three Year Average Return | -0.0001953 |
| Total Assets | 57,023,080 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 22.54686 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -0.52646 |
| Trailing Three Month Returns | -0.52646 |
| Triggerable | 1 |
| Two Hundred Day Average | 48.7189 |
| Two Hundred Day Average Change | -3.728897 |
| Two Hundred Day Average Change Percent | -0.076539025 |
| Type Disp | ETF |
| Volume | 3,868 |
| Yield | 0.0139999995 |
| Ytd Return | -19.37702 |