Price Chart

Key Stats

Customize
Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.90% 0.18% 5.837B 98.19M
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
0.61% -- 3.625B Upgrade

Basic Info

Investment Strategy
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the ICE Semiconductor Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. The fund is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style Large 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 - Technology
Fund Owner Firm Name Direxion Funds
Prospectus Benchmark Index
ICE Semiconductor TR USD 300.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Paul Brigandi 12.82 yrs
Tony Ng 7.26 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
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: 2
3.625B
-564.81M Category Low
6.331B 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 January 31, 2023

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 February 03, 2023. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Loading chart...
Name
2016
2017
2018
2019
2020
2021
2022
YTD
113.3%
141.7%
-39.06%
231.9%
69.99%
118.8%
-85.66%
75.08%
11.96%
21.83%
-4.38%
31.49%
18.40%
28.71%
-18.11%
7.86%
-73.16%
-69.39%
-19.39%
-83.81%
-92.89%
-80.94%
15.75%
-49.33%
21.55%
44.35%
-14.62%
63.45%
21.53%
60.57%
-38.98%
15.37%
30.78%
71.37%
-25.15%
102.3%
10.08%
98.64%
-56.83%
22.98%
30.01%
71.04%
-25.13%
102.8%
9.64%
98.74%
-56.55%
23.22%
As of February 03, 2023.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (2-3-23) 0.61%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 16.64
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of January 29, 2023

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of January 29, 2023

Asset Allocation

As of January 29, 2023.
Type % Net % Long % Short
Cash 11.86% Upgrade Upgrade
Stock 87.96% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.17% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Ice Semiconductor Index Swap
18.05% -- --
Dreyfus Government Secs Cash Mgmt Admin 8.24% 1.00 0.00%
NVIDIA Corp 6.42% 211.00 -2.81%
Broadcom Inc 5.73% 597.62 -1.35%
Texas Instruments Inc 5.18% 182.29 -1.32%
Qualcomm Inc 4.38% 135.02 -0.61%
Advanced Micro Devices Inc 4.04% 86.09 -2.51%
Micron Technology Inc 2.96% 62.41 -1.20%
NXP Semiconductors NV 2.75% 190.95 -2.66%
Taiwan Semiconductor Manufacturing Co Ltd ADR 2.75% 94.66 -2.06%

Basic Info

Investment Strategy
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the ICE Semiconductor Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. The fund is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style Large 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 - Technology
Fund Owner Firm Name Direxion Funds
Prospectus Benchmark Index
ICE Semiconductor TR USD 300.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Paul Brigandi 12.82 yrs
Tony Ng 7.26 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (2-3-23) 0.61%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 16.64
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of January 29, 2023

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of January 29, 2023

Fund Details

Key Dates
Inception Date 3/11/2010
Last Annual Report Date 10/31/2022
Last Prospectus Date 2/28/2022
Attributes
Index Fund Yes
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No

Top Portfolio Holders

0 of 0