What is MOON?

MOON tracks a tier-weighted index that selects US-listed companies seeking innovative technologies.

PERFORMANCE [as of 03/23/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MOON -7.66% 9.78% 7.38% -44.46% -- -- --
MOON (NAV) -7.66% 10.30% 6.99% -44.48% -- -- --
S&P Kensho Moonshots Index -7.69% 10.35% 7.03% -44.78% -0.15% 3.04% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MOON Factset Analytics Insight

MOON targets US companies that pursue innovative and disruptive technologies, or ‘moonshot innovators’. The selection universe is drawn from companies in the S&P Kensho New Economy indices or from the Wireless Telecommunication or Internet industries. To construct the portfolio, the index picks the top 50 companies with the highest “early-stage composite innovation scores”. This score is based on a natural language processing (NLP) algorithm used for keyword searches relating to the theme and on the companies’ research and development expense ratio to revenue. While MOON may include stocks of all capitalizations in its portfolio, the fund aims to focus on mid- and small-cap stocks and exclude mega-cap stocks. Furthermore, the index applies modified equal-weighting—stocks are first equal-weighted, and then adjusted to meet liquidity, industry group, and diversification constraints. The index is rebalanced quarterly and reconstituted semi-annually.

MOON Summary Data

Direxion
11/12/20
0.65%
$31.74M
S&P Kensho Moonshots Index
N/A
Open-Ended Fund

Peers

N/A

Fund Flows

$0.00B 5 Days
-$0.01B 30 Days
+$0.00B 90 Days

MOON Portfolio Data

$3.12B
-3.21
2.04
2.71%
N/A
52

MOON Index Data

S&P Kensho Moonshots Index
Tiered
Fundamental
N/A

MOON Portfolio Management

0.65%
0.36%
0.53%
0.23%

MOON Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

MOON Fund Structure

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

Factset Analytics Block Liquidity

As of 03/24/23

This measurement shows how easy it is to trade a $1 million USD block of MOON. MOON is rated a 4 out of 5.

MOON Tradability

50,114
$619.38K
17,961
$212.88K
0.39%
$0.05
0.04%
0.97% / -1.12%
None
100.00%
25,000
0.72
0.03%
0.07%
35
$11.27
4

MOON Sector/Industry Breakdown

MOON Segment
Benchmark
44.24% --
21.54% --
20.50% --
5.50% --
4.28% --
2.66% --
0.47% --
0.43% --
0.38% --

MOON Performance Statistics

--
--
--
--
--
N/A

MOON Countries

MOON Segment
Benchmark
91.44% --
2.40% --
2.17% --
1.99% --
1.62% --

MOON Regions

MOON Segment
Benchmark
91.44% --
3.79% --
2.40% --
1.99% --

MOON Economic Development

MOON Segment
Benchmark
98.01% --
1.62% --

MOON Benchmark Comparison Holdings

52
--
--
--

MOON Benchmark Comparison Summary

MOON Segment
Benchmark
52 --
$3.12B --
-3.21 --
2.04 --
0.00% --
Medium --

MOON Benchmark Comparison Market Cap Size

MOON Segment
Benchmark
4.27% --
24.53% --
42.21% --
28.61% --