Direxion Dly Aerospace&Def Bl 3X ShsETF (DFEN)
DFEN Beta (5Y)
Beta (5Y) Chart
Historical Beta (5Y) Data
Beta is a risk metric that measures the risk associated with a security in comparison to the risk associated with the market overall. A beta of 1 would signify that the beta is neutral with the market. A common use of beta is within the Capital Asset Pricing Model (CAPM), to find a security's expected return.