DYHG

Direxion Dynamic Hedge ETF
*Unless otherwise stated, data provided by FactSet.

DYHG Fund Description

DYHG tracks a US large-cap equity index that adjusts its exposure based on the inverse relationship between volatility and the returns of the S&P 500.

DYHG Factset Analytics Insight

DYHG is passively managed to invest in the US large-cap space while dynamically hedging against the S&P 500’s volatility. The index is constructed using a proprietary volatility model to estimate future market volatility and adjust the hedge daily if necessary. It allocates its exposure using two sub-indices: S&P Total Return Index and S&P 500 Futures Excess Returns Index. During periods of low volatility, the fund will increase its net exposure to the S&P 500 by reducing its short position in S&P 500 futures contracts. During periods of high volatility, the Index will decrease its net exposure to the S&P Total Return Index and increase a short position in S&P 500 Futures Excess Returns Index. The Index’s hedge or short position may range from 0% to -95% of the long position in the S&P 500. The Index will review its hedge (short position) on a daily basis by utilizing a proprietary model that use more recent, higher frequency returns to estimate future volatility.

DYHG Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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PERFORMANCE [as of 08/11/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DYHG 1.25% -- -- -- -- -- --
DYHG (NAV) 1.58% -- -- -- -- -- --
MSCI USA Large Cap Index 4.10% 14.36% 6.17% 18.76% 14.13% 12.75% 14.50%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DYHG Summary Data

Direxion
06/11/20
Open-Ended Fund
0.57%
$6.20M
$91.85K
0.38%
N/A

DYHG Portfolio Data

$389.84B
26.84
3.57
--
N/A
3

DYHG Index Data

Salt truVol US Large Cap Dynamic Hedge Index
Volatility
Fixed
MSCI USA Large Cap Index

DYHG Portfolio Management

0.57%
--
--
--

DYHG Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

DYHG Fund Structure

Open-Ended Fund
Yes
--
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

DYHG Factset Analytics Block Liquidity

As of 08/12/20
5
4
3
2
1

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

DYHG Tradability

1,878
$91.85K
484
$23.03K
0.38%
$0.18
0.08%
0.69% / -0.79%
None
--
25,000
0.02
0.12%
--
--
$49.30
N/A

DYHG Sector/Industry Breakdown


DYHG
Segment Benchmark
33.38%
35.45%
14.43%
14.87%
13.71%
14.07%
12.56%
11.31%
8.96%
8.15%
6.71%
6.96%
3.12%
2.77%
2.74%
2.48%
2.41%
1.85%
1.98%
2.09%

DYHG Top 10 Holdings

108.60%
11.82%
-20.42%
100%

DYHG Countries


DYHG
Segment Benchmark
100.00%
99.90%
--
0.10%

DYHG Regions


DYHG
Segment Benchmark
100.00%
100.00%

DYHG Economic Development


DYHG
Segment Benchmark
100.00%
100.00%

DYHG Performance Statistics

--
--
--
--
0.00%
MSCI USA Large Cap Index

DYHG Benchmark Comparison Holdings

3
287
269
89.83%

DYHG Benchmark Comparison Summary


DYHG
Segment Benchmark
3
287
$389.84B
$423.71B
26.84
26.20
3.57
3.94
1.91%
1.84%
Low
Low

DYHG Benchmark Comparison Market Cap Size


DYHG
Segment Benchmark
95.38%
99.95%
4.61%
0.05%
0.01%
0.00%
0.00%
0.00%