NIFE

Direxion Fallen Knives ETF
*Unless otherwise stated, data provided by FactSet.

NIFE Fund Description

NIFE tracks a market-cap weighted index of US stocks that have negative momentum, but healthy fundamentals.

NIFE Factset Analytics Insight

NIFE passively captures US stocks whose share price are currently out of favor, but with sound financial health to support a potential rebound. In selecting its securities, the fund uses a systematic approach to identify securities that have experienced considerable decline in share price over the past twelve months of at least -15%. Companies are then scored on fundamental metrics such as: current ratio, cash flow coverage ratio, and debt-to-equity ratio. The top 50 names that score the highest in combination of the three metrics are selected for the portfolio. Securities’ weighting is based on market cap, subject to a 4.9% single security cap, which rebalances semi-annually and reconstituted annually.

NIFE Charts And Performance

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PERFORMANCE [as of 08/13/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
NIFE 3.85% -- -- -- -- -- --
NIFE (NAV) 4.00% -- -- -- -- -- --
Indxx US Fallen Knives Index -- -- -- -- -- -- --
MSCI USA IMI -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

NIFE Summary Data

Direxion
06/11/20
Open-Ended Fund
0.50%
$6.62M
$188.43K
0.24%
N/A

NIFE Portfolio Data

$26.47B
300.80
3.33
--
N/A
50

NIFE Index Data

Indxx US Fallen Knives Index
Market Cap
Multi-Factor
MSCI USA IMI

NIFE Portfolio Management

0.50%
--
--
--

NIFE Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

NIFE Fund Structure

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

NIFE Factset Analytics Block Liquidity

As of 08/14/20
5
4
3
2
1

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

NIFE Tradability

3,589
$188.43K
1,957
$102.33K
0.24%
$0.13
0.01%
0.31% / -0.24%
None
--
25,000
0.08
0.02%
--
--
$53.14
N/A

NIFE Sector/Industry Breakdown


NIFE
Segment Benchmark
53.23%
14.58%
20.97%
32.31%
10.24%
9.28%
4.67%
14.03%
4.41%
6.20%
4.27%
13.58%
1.70%
2.65%
0.52%
2.60%

NIFE Top 10 Holdings[View All]

8.05%
6.64%
5.97%
5.61%
5.38%
5.22%
4.75%
4.58%
4.47%
4.03%
54.7%

NIFE Countries


NIFE
Segment Benchmark
93.72%
99.92%
3.23%
0.08%
1.70%
--
1.35%
--

NIFE Regions


NIFE
Segment Benchmark
96.95%
100.00%
3.05%
--

NIFE Economic Development


NIFE
Segment Benchmark
98.30%
100.00%
1.70%
--

NIFE Performance Statistics

--
--
--
--
0.00%
MSCI USA IMI

NIFE Benchmark Comparison Holdings

50
2326
44
1.59%

NIFE Benchmark Comparison Summary


NIFE
Segment Benchmark
50
2326
$26.47B
$332.22B
300.80
31.42
3.33
3.36
0.47%
1.85%
Medium
Low

NIFE Benchmark Comparison Market Cap Size


NIFE
Segment Benchmark
27.54%
84.10%
47.20%
11.89%
24.77%
3.59%
0.49%
0.42%