| Direxion Shares Exchange Traded Fund Trust - Direxion Daily Russia Bull 3X Shares is an open-end manament investment company. The Fund seeks daily investment results, before fees and expenses, of 300% of the performance of the Market Vectors Russia Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its net assets in the equity securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. As of Oct 31 2015, the Fund's total assets were $218,465,420 and the Fund's investments portfolio was valued at $159,010,802. We show 108 historical shares outstanding datapoints in our RUSL shares outstanding history coverage, used to compute RUSL market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RUSL market cap history over the course of time is important for investors
interested in comparing RUSL's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of RUSL versus a peer is one thing; comparing
RUSL market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like RUSL can fluctuate over the course of history.
With this page we aim to empower investors researching RUSL by allowing them to research the RUSL market cap history.