DFEN

Direxion Daily Aerospace & Defense Bull 3X Shares
*Unless otherwise stated, data provided by FactSet.

DFEN Fund Description

DFEN provides 3X leveraged exposure to a market-cap- weighted index of US aerospace and defense companies.

DFEN Factset Analytics Insight

DFEN is a daily 3X leveraged bet on the Dow Jones U.S. Select Aerospace and Defense Index, a market-cap-weighted index of US-listed aerospace and defense stocks. Unleveraged exposure to the same index can be found in ITA—a popular fund from BlackRock.The geared 3X nature of DFEN is designed to magnify the daily performance of the index, not to return 300% of the index performance over extended periods of time. Due to compounding and the daily reset function, the fund is meant to be a trading vehicle for investors to make short-term bets on the direction of the aerospace and defense industry and not a long-term investment strategy. Compounding becomes more pronounced—and more of a concern—as holding periods increase, and the fund is likely to stray from the returns of the underlying index in such cases.Due to the fund’s day trading personality, trading volume and bid/ask spread are more important cost considerations than expense ratio.

DFEN MSCI ESG Analytics Insight

Direxion Daily Aerospace & Defense Bull 3X Shares has an MSCI ESG Fund Rating of A based on a score of 5.91 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion Daily Aerospace & Defense Bull 3X Shares ranks in the 49th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

DFEN Charts And Performance

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/30/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DFEN -16.76% -17.14% -81.17% -81.93% -33.98% -- --
DFEN (NAV) -15.92% -15.58% -81.74% -82.43% -34.56% -- --
DJ US Select / Aerospace & Defense -4.91% -3.51% -27.71% -27.96% -2.13% 9.54% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DFEN Summary Data

Direxion
05/03/17
Open-Ended Fund
0.99%
$222.98M
0.09%
N/A

DFEN Portfolio Data

0.99%
09/22/20

DFEN Index Data

DJ US Select / Aerospace & Defense
Market Cap
Market Cap
N/A

DFEN Fund Structure

Yes
Yes
No Policy
N/A
N/A
Low
3
Daily

DFEN Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

DFEN Factset Analytics Block Liquidity

As of 10/01/20
5
4
3
2
1

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

DFEN Tradability

3,022,801
$35.84M
2,860,449
$33.55M
0.09%
$0.01
0.06%
3.06% / -0.49%
None
0.00%
50,000
57.21
0.02%
--
38,454
$10.41
N/A

DFEN MSCI ESG Ratings

5.91 / 10
--
48.75
45.73%
0.13%
77.82