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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
1.09% -0.05% 40.24M 39393.37
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
2.97% 55.00% 15.42M Upgrade

Basic Info

Investment Strategy
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index. 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 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index is a market value weighted index that includes publicly issued U.S. Treasury securities that have a remaining maturity of greater than or equal to seven years and less than ten years. It is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style High Quality/Extensive Sensitivity
Broad Asset Class Miscellaneous
Broad Category Miscellaneous
Category Name Trading--Leveraged Debt
Category Index Bloomberg US Agg Bond TR USD
Global Category Name Trading Tools
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective Government Bond - Treasury
Fund Owner Firm Name Direxion Funds
Prospectus Benchmark Index
ICE U.S. Treasury 7-10 Year Bond TR USD 300.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Paul Brigandi 14.97 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
5.64%
0.75%
17.88%
27.53%
-11.36%
-43.31%
-2.85%
-15.45%
21.83%
-4.38%
31.49%
18.40%
28.71%
-18.11%
26.29%
5.50%
3.21%
-1.08%
13.34%
18.83%
-7.81%
-30.19%
0.14%
-10.08%
-4.51%
1.70%
-11.04%
-18.66%
4.01%
38.55%
3.20%
12.79%
-8.94%
-1.42%
-18.69%
-28.57%
7.47%
58.82%
1.01%
19.07%
-2.61%
1.26%
-5.20%
-9.96%
1.70%
18.31%
4.01%
6.59%
As of April 18, 2024.

Asset Allocation

As of April 14, 2024.
Type % Net % Long % Short
Cash 33.69% Upgrade Upgrade
Stock -4.80% Upgrade Upgrade
Bond 71.11% 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, before fees and expenses, of 300% of the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index. 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 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index is a market value weighted index that includes publicly issued U.S. Treasury securities that have a remaining maturity of greater than or equal to seven years and less than ten years. It is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style High Quality/Extensive Sensitivity
Broad Asset Class Miscellaneous
Broad Category Miscellaneous
Category Name Trading--Leveraged Debt
Category Index Bloomberg US Agg Bond TR USD
Global Category Name Trading Tools
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective Government Bond - Treasury
Fund Owner Firm Name Direxion Funds
Prospectus Benchmark Index
ICE U.S. Treasury 7-10 Year Bond TR USD 300.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Paul Brigandi 14.97 yrs
Tony Ng 8.51 yrs

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