EVEN

Direxion S&P 500 Equal Weight Bull 2X Shares
*Unless otherwise stated, data provided by FactSet.

EVEN Fund Description

EVEN provides 2x daily leveraged exposure to an equally-weighted index comprised of S&P 500 stocks.

EVEN Factset Analytics Insight

EVEN offers a bullish bet on the large-cap segment of the US equity market. With the use of swaps and derivatives, the fund aims to provide 2x levered exposure to the S&P 500 Equal Weight Index, an index of US large-cap companies which covers approximately 80% of the US investable universe. The index constituents are equally-weighted and rebalanced on an annual basis. As a geared product with daily resets, EVEN is designed as a short-term tactical instrument and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding.

PERFORMANCE [as of 06/22/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EVEN -11.22% -29.50% -- -- -- -- --
EVEN (NAV) -11.68% -29.86% -- -- -- -- --
S&P 500 Equal Weight Index -5.56% -15.22% -17.66% -9.57% 9.41% 9.66% 12.83%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EVEN Summary Data

Direxion
01/20/22
Open-Ended Fund
1.07%
$3.50M
0.18%
N/A

EVEN Portfolio Data

--
N/A

EVEN Index Data

Equal
Market Cap
N/A

EVEN Fund Structure

No
--
-- / --
N/A
N/A
Low
2
Daily

EVEN Tax Exposures

20.00% / 39.60%
--
No

EVEN Factset Analytics Block Liquidity

As of 06/23/22
5
4
3
2
1

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

EVEN Tradability

1,853
$38.56K
950
$19.90K
0.18%
$0.04
-0.02%
0.33% / -3.62%
None
98.00%
50,000
0.02
--
--
0
$17.50
N/A

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.