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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
1.13% 0.38% 309.29M 1.617M
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
1.98% 98.00% 16.79M Upgrade

Basic Info

Investment Strategy
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the MVIS Global Junior Gold Miners Index. The index tracks the performance of domestic and foreign, including developing and emerging, small- and mid-capitalization companies that are involved in the gold and silver mining industry. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("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/Blend
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 - Precious Metals
Fund Owner Firm Name Direxion Funds
Prospectus Benchmark Index
MVIS Global Junior Gold Miners NR USD 200.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Paul Brigandi 10.50 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 18, 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
-20.19%
-48.11%
82.40%
-85.53%
-46.59%
-43.60%
-4.62%
14.59%
21.83%
-4.38%
31.49%
18.40%
28.71%
-18.11%
26.29%
5.50%
-63.44%
-1.59%
-80.29%
-95.93%
10.97%
-26.25%
-27.28%
-22.29%
3.73%
-44.52%
100.7%
-60.16%
-26.31%
-32.13%
2.59%
12.23%
--
-32.87%
95.10%
-70.33%
12.76%
6.99%
24.68%
-2.25%
16.56%
-13.84%
57.88%
-28.07%
88.23%
-49.63%
11.60%
-21.77%
As of April 18, 2024.

Asset Allocation

As of April 14, 2024.
Type % Net % Long % Short
Cash 46.15% Upgrade Upgrade
Stock 48.89% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 4.97% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the MVIS Global Junior Gold Miners Index. The index tracks the performance of domestic and foreign, including developing and emerging, small- and mid-capitalization companies that are involved in the gold and silver mining industry. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("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/Blend
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 - Precious Metals
Fund Owner Firm Name Direxion Funds
Prospectus Benchmark Index
MVIS Global Junior Gold Miners NR USD 200.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Paul Brigandi 10.50 yrs
Tony Ng 8.51 yrs

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