TNA components?

Discussion in 'ETFs' started by surfer25, Jun 7, 2010.

  1. Hi,
    Can anyone tell me how TNA gets its 300% action? It appears to be 80% stocks.
    Thanks.
     
  2. http://direxionshares.com/holdings_all.csv

    on the direxion shares homepage, click ETFs, then scroll down to the blue "daily holdings all funds" button.

    This has been discussed many times here and elsewhere:

    80% stock basket
    220% index swaps
     
  3. Not sure what 220% refers to, but as I suspected, it is not 80% stocks if you examine it closely.
    Thanks.
     
  4. its more like 85% stocks. the example I used was 80% stocks, 220% swaps, 80+220=300, there is your leverage.

    Use the search button this has been covered many times