BRKY

Direxion Breakfast Commodities Strategy ETF
*Unless otherwise stated, data provided by FactSet.

BRKY Fund Description

BRKY tracks an index that provides exposure to six agricultural commodities. The fund utilizes a dynamic roll strategy using the most liquid futures contracts, weighted according to global production.

BRKY Factset Analytics Insight

BRKY is the first ETF to focus on commodities that are typically consumed at breakfast. The portfolio consists of monthly futures contracts on corn, coffee, lean hogs, sugar, Chicago wheat and orange juice. The fund tracks an index that utilizes a dynamic roll strategy that aims to minimize contango and limit volatility exposure to the commodity market. At each monthly determination date, expiring contracts are rolled into a position on the futures curve that generates the most optimal yield. The fund uses only the most liquid futures contracts of a given commodity, and weights according to world production, except for orange juice which is capped at 5% weight. Additionally, the fund may also hold short-term fixed income investments to collateralize its derivative investments. The index is rebalanced annually. The fund obtains its exposure by investing up to 25% of its total assets in a wholly owned Cayman Island subsidiary, removing the need for form K-1 reporting.

PERFORMANCE [as of 06/30/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BRKY -- -- -- -- -- -- --
BRKY (NAV) -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
S&P GSCI Agriculture -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BRKY Summary Data

Direxion
06/01/22
Open-Ended Fund
0.70%
$5.77M
$111.86K
0.41%
N/A

BRKY Portfolio Data

Futures
Optimized
N/A
--

BRKY Index Data

N/A
Production
Liquidity
S&P GSCI Agriculture

BRKY Portfolio Management

0.70%
--
--
--

BRKY Tax Exposures

20.00% / 39.60%
--
No

BRKY Fund Structure

Open-Ended Fund
No
--
N/A
N/A
Low
Daily

BRKY Factset Analytics Block Liquidity

As of 07/01/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BRKY. BRKY is rated a N/A out of 5.

BRKY Tradability

4,594
$111.86K
3,550
$85.67K
0.41%
$0.10
0.16%
0.46% / -0.16%
None
--
50,000
0.07
--
--
0
$22.45
N/A

BRKY Top 10 Targeted Commodity Weights

95.29%
4.71%
100.00%

BRKY Tenor Strategy

BRKY utilizes a dynamic roll strategy for choosing contracts that will give the best possible implied roll yield.

BRKY Rolling Strategy

BRKY rolls its underlying contracts between the 5th and 9th business day of every month.

BRKY Performance Statistics

--
--
--
--
0.00%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.