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Direxion Daily MSCI India Bull 2x Shares (INDL)

Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
43.99 USD -0.89 (-1.983%) ⇩ (July 13, 2026, 3:43 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★☆☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 5:30 a.m. EDT

This leveraged ETF is currently trapped in a defensive posture, weighed down by a trailing 16% decline and a price that has drifted below its 200-day moving average. While the underlying India market shows signs of recovery, the double-beta structure amplifies this drag, making the instrument a poor vehicle for capital preservation right now. The options market confirms this anxiety, with traders buying cheap insurance at deep strikes while waiting for a catalyst to spark a volatility explosion. The recent dividend payments are a mechanical feature of the fund's structure rather than a sign of corporate health, offering negligible real yield against the backdrop of the asset's structural decay. Investors should avoid adding to this position until the trend clearly reverses back above key moving averages.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.032460
AutoARIMA0.036872
AutoETS0.037083
MSTL0.042029

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 52%
H-stat 0.30
Ljung-Box p 0.000
Jarque-Bera p 0.255
Excess Kurtosis -1.19
Attribute Value
Trailing P/E 21.63

As of July 11, 2026, 5:30 a.m. EDT: Speculators are positioning defensively with heavy put volume at deep strikes (30 and 40) for the near term, suggesting a fear of a sharp drop or a 'crash' scenario. However, there is notable open interest in out-of-the-money calls (50 and 55 strikes) for the July expiration, indicating a belief that volatility could spike upwards or the asset could rally significantly despite the downside bias. The imbalance in volume favors sellers (puts) over buyers (calls) in the immediate horizon.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.27% 1.25% 1.80% 1.81%
Dividend History
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
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 1.41

Info Dump

Attribute Value
All Time High 224.76
All Time Low 9.13
Ask 44.94
Ask Size 1,000
Average Daily Volume10 Day 12,300
Average Daily Volume3 Month 22,852
Average Volume 22,852
Average Volume10Days 12,300
Beta3 Year 0.77
Bid 0.0
Bid Size 600
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 44.3356
Day Low 43.8728
Dividend Yield 1.41
Eps Trailing Twelve Months 2.0336883
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 44.2592
Fifty Day Average Change -0.269001
Fifty Day Average Change Percent -0.006077855
Fifty Two Week Change Percent -26.798237
Fifty Two Week High 61.95
Fifty Two Week High Change -17.9598
Fifty Two Week High Change Percent -0.289908
Fifty Two Week Low 38.9
Fifty Two Week Low Change 5.0901985
Fifty Two Week Low Change Percent 0.13085343
Fifty Two Week Range 38.9 - 61.95
First Trade Date Milliseconds 1,268,317,800,000
Five Year Average Return -0.0120055
Full Exchange Name NYSEArca
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 PRE
Max Age 86,400
Message Board Id finmb_99490860
Nav Price 44.901
Net Assets 58,710,776.0
Net Expense Ratio 1.23
Open 44.57
Phone 866-476-7523
Pre Market Change -0.5502014
Pre Market Change Percent -1.2507364
Pre Market Price 43.44
Pre Market Time 1,784,023,513
Previous Close 44.88
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.889801
Regular Market Change Percent -1.98262
Regular Market Day High 44.3356
Regular Market Day Low 43.8728
Regular Market Day Range 43.8728 - 44.3356
Regular Market Open 44.57
Regular Market Previous Close 44.88
Regular Market Price 43.9902
Regular Market Time 1,783,971,784
Regular Market Volume 6,704
Short Name Direxion Daily MSCI India Bull
Source Interval 15
Symbol INDL
Three Year Average Return -0.016677901
Total Assets 58,710,776
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 21.630749
Trailing Peg Ratio None
Trailing Three Month Nav Returns 8.795
Trailing Three Month Returns 8.795
Triggerable 1
Two Hundred Day Average 50.81065
Two Hundred Day Average Change -6.82045
Two Hundred Day Average Change Percent -0.13423268
Type Disp ETF
Volume 6,704
Yield 0.014099999
Ytd Return -20.18449