Exchange-Traded Funds (ETFs) have transformed the investment landscape, offering diversified exposure across various sectors and asset classes. In this article, we will conduct a comprehensive comparison between two prominent ETFs: FKRCX (Fidelity® Total Market Index Fund) and DUST (Direxion Daily Gold Miners Index Bear 2X Shares). We'll delve into a range of aspects including ETF tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.
FKRCX and DUST are two ETFs that cater to different investment strategies within the market. While FKRCX aims to replicate the performance of the total US stock market, DUST is specifically designed to provide inverse returns of gold mining stocks. These distinctive strategies translate to varying risk profiles and opportunities, which we'll dissect in the upcoming sections.
The FKRCX ETF offers broad exposure to the entire US stock market, encompassing sectors such as technology, finance, healthcare, and more. On the other hand, DUST takes a bearish approach by providing inverse exposure to gold mining stocks, including companies like Newmont Corporation and Barrick Gold. By understanding the sectors and top holdings of these ETFs, investors can make informed decisions aligned with their investment objectives.
FKRCX overlap FKRCX VS DUST
FKRCX boasts a substantial asset under management (AUM), reflecting its popularity among investors seeking comprehensive exposure to the US equity market. In contrast, DUST's strategy revolves around capitalizing on the inverse performance of gold mining companies. The differences in capitalization and strategy lead to distinct potential returns and risk levels, requiring careful consideration by potential investors.
FKRCX tracks a broad-based US total market index, aiming to mirror the overall market performance. DUST, on the other hand, provides inverse daily returns of the NYSE Arca Gold Miners Index, making it an attractive option for investors anticipating declines in the gold mining sector. Understanding the tracking methodologies and exposure strategies assists investors in selecting the appropriate ETF based on their risk tolerance and market outlook.
FKRCX and DUST stand as unique ETFs, each catering to a specific investment approach within the market. For individuals seeking in-depth insights into holdings, correlations, overlaps, and other relevant information, ETF Insider emerges as the ultimate tool for exploration. Featuring a user-friendly app, this platform equips investors with comprehensive details on these ETFs and other financial instruments.
Disclaimer: This article does not offer investment advisory services.
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FKRCX may be considered better than DUST for some investors due to its specific focus, offering diversification.
DUST's performance relative to FKRCX will vary over time, depending on market conditions.
The choice between FKRCX and DUST should align with your investment goals, risk tolerance, and desired exposure.
Both FKRCX and DUST can be suitable investments depending on individual investment strategies, goals, and risk profiles.
The correlation between FKRCX and DUST can vary over time, reflecting differences in performance.