The Direxion Low Priced Stock ETF seeks investment results, before fees and expenses, that track the Solactive Two Bucks Index. There is no guarantee that the fund will achieve its stated investment objective.
The Direxion Low Priced Stock ETF offers exposure to the 50 companies trading between $2 and $5 at the time of selection. LOPX may be considered a satellite holding to complement other broader positions within a portfolio.
Please note: Data on this page and the fact sheet is updated quarterly and does not reflect the recent index rebalancing on 8/4/2021. Investors may access the “Daily Fund Holdings” anytime using the link below which does reflect the index change. The next quarterly data updates will take place after 9/30/2021 as soon as administratively possible.
Documents & Downloads
The Solactive Two Bucks Index (SO2BUCKN) is an equal-weighted index provided by Solactive AG (the “Index Provider”) that is designed to measure the performance of U.S. listed securities with relatively low trading prices. The Index Provider begins with the Solactive GBS United States All Cap Index and applies certain requirements that vary depending on the quarter at which the Index is rebalanced in order to select a total of 50 securities. The Index is rebalanced and reconstituted quarterly in January, April, July and October. One cannot directly invest in an index.
Index Holdings & Sector Weightings
Top Ten Holdings %
|AMC Entertainment Holdings||9.55|
|Centennial Resource Development||2.61|
|Antero Resources Corp||2.59|
|EnLink Midstream LLC||2.39|
Sector Weightings %
Country Weightings %
Source: SOLA. Index holdings and weightings are net and as of 6/30/2021 and subject to change.
Solactive Two Bucks Index (SO2BUCKN) is comprised of 50 companies that have a closing price between $2 and $5 U.S. Dollars per share as of the constitution date of the index, and that also meet the following requirements on the day the securities are selected for inclusion.
- A minimum average daily value traded of $1 million over 3 months.
- A market capitalization of at least $85 million.
- A closing price between $2.00 and $5.00 (August selection date), or a closing price between $1.25 and $10.00 (February, May, and November selection dates).
- Securities that have had a reverse stock split between the last and current selection day are not eligible for inclusion.
Watch the Video.
Pricing & Performance
NAV and Market Price information as of —. Line chart shows pricing trend over the last 30 days. The Primary Listing Exchange is the NYSE Arca, Inc.