What is NFXL expense ratio?

NFXL expense ratio is 1.06%, which is the annual cost of holding the fund relative to its assets. A lower ratio means more of your return stays with you. Another figure you will often see is the fund's assets under management (AUM), which simply reflects its total size and how much money investors have placed in it.

Does NFXL pay dividends?

It depends on the type of ETF. Distributing ETFs pass the dividends from their underlying holdings on to you in cash, usually a few times a year, while accumulating ETFs reinvest those dividends inside the fund so your position grows automatically. As an investor in Latin America, any cash distributions land in your brokerage account in the fund's currency, and many platforms let you reinvest them with a single tap.

How can I buy NFXL ETF?

Investors in Latin America can buy foreign ETFs through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.

Can I buy fractional shares of NFXL?

Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the fund.

Does buying NFXL protect my money against local inflation?

Many investors in Latin America buy international ETFs like NFXL to protect their purchasing power. Because NFXL is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your portfolio remains protected from local inflation.

Do I need a foreign bank account or a Visa to buy NFXL shares?

No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.

Direxion Daily NFLX Bull 2X Shares(Dist)

Direxion · NASDAQ

Distr.

Direxion

NASDAQEquitiesDistributing

$16.39

$-0.16-0.97%AUM: $165.6M

TickerNFXL

Expense ratio1.06%

AUM$165.6M

Inception date2024-10-03

Holdings6

Website

NFXLDirexion Daily NFLX Bull 2X Shares

—

▼0.00%

TER

1.06%

High Cost

1Y Return

-73.85%

AUM

$165.6M

About this ETF

This fund aims to provide daily returns that are two times the performance of NFLX (Netflix) stock. Under typical market conditions, it dedicates at least 80% of its total investment capital (including any borrowed funds) to achieving this goal. This allocation primarily involves direct investments ...