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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.95% 0.24% 41.83M 626434.9
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
0.00% 0.00% 24.19M Upgrade

Basic Info

Investment Strategy
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the S&P 500® High Beta Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets. The index provider selects 100 securities to include in the index from the S&P 500® Index that have the highest sensitivity to market movements, or "beta" over the past 12 months as determined by the index provider. It is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Miscellaneous
Broad Category Miscellaneous
Category Name Trading--Inverse Equity
Category Index S&P 500 TR USD
Prospectus Objective Growth
Fund Owner Firm Name Direxion Funds
Prospectus Benchmark Index
S&P 500 High Beta USD -300.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Paul Brigandi 2.15 yrs
Tony Ng 2.15 yrs

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 15
24.19M
-288.45M Category Low
2.666B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of December 31, 2021

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)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
--
As of January 26, 2022. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2015
2016
2017
2018
2019
2020
2021
YTD
--
--
--
--
--
-91.59%
-75.27%
25.06%
1.38%
11.96%
21.83%
-4.38%
31.49%
18.40%
28.71%
-8.67%
--
--
--
--
--
-24.98%
129.1%
-22.88%
-7.36%
-29.66%
-38.64%
3.11%
-35.34%
-44.56%
-35.18%
12.93%
-0.78%
-18.84%
-49.76%
12.46%
-29.02%
-39.47%
23.56%
-4.26%
-2.97%
-36.00%
-27.72%
22.86%
-38.05%
-53.07%
-42.14%
21.47%
As of January 26, 2022.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (1-27-22) 0.00%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
Forecasted Dividend Yield --
Forecasted PE Ratio --
Forecasted Price to Sales Ratio --
Forecasted Price to Book Ratio --
As of January 24, 2022

Growth Estimates

Forecasted 5 Yr Earnings Growth --
Forecasted Book Value Growth --
Forecasted Cash Flow Growth --
Forecasted Earnings Growth --
Forecasted Revenue Growth --
As of January 24, 2022

Asset Allocation

As of January 24, 2022.
Type % Net % Long % Short
Cash 113.6% Upgrade Upgrade
Stock -13.62% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 4 Holdings

Name % Weight Price % Change
Dreyfus Government Secs Cash Mgmt Admin 72.19% 1.00 0.00%
Goldman Sachs FS Treasury Intms Instl 40.57% 1.00 0.00%
Goldman Finl Sq Trsry Inst 506
11.63% -- --
S&P 500 High Beta Index Swap
-13.62% -- --

Basic Info

Investment Strategy
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the S&P 500® High Beta Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets. The index provider selects 100 securities to include in the index from the S&P 500® Index that have the highest sensitivity to market movements, or "beta" over the past 12 months as determined by the index provider. It is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Miscellaneous
Broad Category Miscellaneous
Category Name Trading--Inverse Equity
Category Index S&P 500 TR USD
Prospectus Objective Growth
Fund Owner Firm Name Direxion Funds
Prospectus Benchmark Index
S&P 500 High Beta USD -300.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Paul Brigandi 2.15 yrs
Tony Ng 2.15 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (1-27-22) 0.00%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
Forecasted Dividend Yield --
Forecasted PE Ratio --
Forecasted Price to Sales Ratio --
Forecasted Price to Book Ratio --
As of January 24, 2022

Growth Estimates

Forecasted 5 Yr Earnings Growth --
Forecasted Book Value Growth --
Forecasted Cash Flow Growth --
Forecasted Earnings Growth --
Forecasted Revenue Growth --
As of January 24, 2022

Fund Details

Key Dates
Inception Date 11/7/2019
Last Annual Report Date 10/31/2021
Last Prospectus Date 2/28/2021
Attributes
Enhanced Index Fund No
Index Fund Yes
Inverse Fund Yes
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No

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