Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.97% -0.10% 520.80M 671392.8
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
2.24% 48.00% -314.23M Upgrade

Basic Info

Investment Strategy
The investment seeks daily investment results of 200% of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The index measures the performance of the domestic companies included in the integrated oil and gas, oil and gas exploration and production and oil and gas refining and marketing sub-industries as classified by the GICS. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style Mid Cap/Value
Fixed Income Style --
Broad Asset Class Miscellaneous
Broad Category Miscellaneous
Category Name Trading--Leveraged Equity
Category Index S&P 500 TR USD
Global Category Name Trading Tools
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective Specialty - Natural Resources
Fund Owner Firm Name Direxion Funds
Prospectus Benchmark Index
S&P Oil&Gas Explor&Pro Sel Indust TR USD 200.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Paul Brigandi 8.85 yrs
Tony Ng 8.51 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 22, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
-40.21%
-74.28%
-52.66%
-97.38%
129.9%
66.51%
-7.31%
24.76%
21.83%
-4.38%
31.49%
18.40%
28.71%
-18.11%
26.29%
5.50%
-9.05%
49.65%
-36.14%
-95.23%
-79.74%
-73.57%
-17.12%
-21.46%
-7.84%
-40.39%
11.79%
-70.63%
114.2%
68.84%
-13.04%
27.91%
-11.60%
-55.94%
17.14%
-91.59%
111.8%
130.7%
-12.32%
28.56%
268.7%
-73.96%
184.7%
-32.09%
168.2%
-75.23%
259.6%
-4.47%
As of April 22, 2024.

Asset Allocation

As of April 14, 2024.
Type % Net % Long % Short
Cash 34.26% Upgrade Upgrade
Stock 65.74% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks daily investment results of 200% of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The index measures the performance of the domestic companies included in the integrated oil and gas, oil and gas exploration and production and oil and gas refining and marketing sub-industries as classified by the GICS. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style Mid Cap/Value
Fixed Income Style --
Broad Asset Class Miscellaneous
Broad Category Miscellaneous
Category Name Trading--Leveraged Equity
Category Index S&P 500 TR USD
Global Category Name Trading Tools
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective Specialty - Natural Resources
Fund Owner Firm Name Direxion Funds
Prospectus Benchmark Index
S&P Oil&Gas Explor&Pro Sel Indust TR USD 200.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Paul Brigandi 8.85 yrs
Tony Ng 8.51 yrs

Top Portfolio Holders

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