Is Direxion Daily Cloud Computing Bull 2X Shares a good investment? Direxion Daily Cloud Computing Bull 2X Shares (CLDL) is currently trading at 14.14 USD.
In terms of valuation, the stock trades at a P/E ratio of 36.32. This high multiple suggests investors have priced in significant future growth expectations.
No, it does not currently pay a dividend.
Direxion Daily Cloud Computing Bull 2X Shares is classified as a Stock.
The index is provided by Indxx, LLC and includes common stock and American depositary receipts of companies that deliver cloud computing infrastructure, platforms, or services. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and 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.
| Year | Total Dividends |
|---|---|
| ▸2025 |
0.04 USD
|
| July 1, 2025 | 0.0295 |
| April 1, 2025 | 0.0072 |
| ▸2021 |
1.02 USD
|
| Dec. 16, 2021 | 1.0187 |
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