Direxion Daily Cloud Computing Bull 2X Shares
CLDL
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- DE United States of America
- IPO Date
- Jan 8, 2021
- CIK
- 0001424958
- Similar Companies
- Business
- Direxion Daily Cloud Computing Bull 2X Shares (CLDL) is an exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 200% of the performance of the Indxx USA Cloud Computing Index for a single trading day. The fund invests at least 80% of its net assets in financial instruments such as swap agreements, securities of exchange-traded funds, and other instruments that provide leveraged exposure to the index, which tracks U.S.-listed companies delivering cloud computing infrastructure, platforms, or services including servers, storage, databases, networking, software, analytics, and related offerings categorized under infrastructure-as-a-service, platform-as-a-service, and software-as-a-service; top holdings include Oracle Systems, Snowflake Inc., Crowdstrike Holdings Inc., ServiceNow, Veeva Systems, MicroStrategy, Zscaler Inc., Autodesk, SAP, and Adobe Inc.. Launched on January 8, 2021, by Direxion Shares ETF Trust and managed by Rafferty Asset Management, LLC, the ETF is domiciled in the United States with primary operations through Direxion, a provider of leveraged and inverse ETFs founded in 1997 and headquartered in New York, New York.. In June 2025, Direxion announced the liquidation and closure of CLDL due to limited investor interest, with trading ceasing on the NYSE Arca on July 24, 2025, followed by a final distribution of assets to remaining shareholders on or about July 30, 2025; this decision was made by the Board of Trustees based on recommendations from the adviser.. The fund targets sophisticated investors focused on short-term tactical trading in the information technology sector, particularly cloud computing, with a net expense ratio of 0.95% (excluding certain costs) and recent distributions including income dividends of $0.02949 on July 1, 2025, and $0.00723 on April 1, 2025..