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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.45% 0.41% 19.61M 14114.27
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
1.74% 45.00% -4.133M Upgrade

Basic Info

Investment Strategy
The investment seeks investment results, before fees and expenses, that track the Indxx Hydrogen Economy Index. The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index or investments with economic characteristics similar to the securities included in the index. The index track the performance of companies that provide goods and/or services related to the Hydrogen Industry, including hydrogen generation and storage, fuel cells, hydrogen stations, and hydrogen-based vehicles. It is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style Mid Cap/Blend
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Natural Resources
Category Index S&P Global Natural Resources TR USD
Global Category Name Natural Resources Sector Equity
YCharts Categorization Natural Resources Equity
YCharts Benchmark S&P BMI North American Natural Resources Index Net Total Return (^SPBMNANRN)
Prospectus Objective Specialty - Unaligned
Fund Owner Firm Name Direxion Funds
Prospectus Benchmark Index
Indxx Hydrogen Economy USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Paul Brigandi 3.02 yrs
Tony Ng 3.02 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 25, 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
--
--
--
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-33.26%
-8.70%
-17.32%
22.40%
-8.71%
27.67%
15.90%
21.82%
-18.14%
23.79%
4.84%
20.00%
-24.31%
20.65%
15.42%
32.69%
-15.46%
9.56%
2.36%
23.76%
-17.48%
23.53%
19.40%
27.41%
-11.79%
13.65%
2.99%
10.36%
-23.27%
21.74%
22.25%
18.02%
-6.46%
19.86%
0.43%
--
-12.80%
38.74%
15.77%
28.94%
-26.00%
20.94%
3.76%
As of April 25, 2024.

Asset Allocation

As of April 14, 2024.
Type % Net % Long % Short
Cash 0.45% Upgrade Upgrade
Stock 99.55% 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 investment results, before fees and expenses, that track the Indxx Hydrogen Economy Index. The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index or investments with economic characteristics similar to the securities included in the index. The index track the performance of companies that provide goods and/or services related to the Hydrogen Industry, including hydrogen generation and storage, fuel cells, hydrogen stations, and hydrogen-based vehicles. It is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style Mid Cap/Blend
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Natural Resources
Category Index S&P Global Natural Resources TR USD
Global Category Name Natural Resources Sector Equity
YCharts Categorization Natural Resources Equity
YCharts Benchmark S&P BMI North American Natural Resources Index Net Total Return (^SPBMNANRN)
Prospectus Objective Specialty - Unaligned
Fund Owner Firm Name Direxion Funds
Prospectus Benchmark Index
Indxx Hydrogen Economy USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Paul Brigandi 3.02 yrs
Tony Ng 3.02 yrs

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