PILL

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

PILL Fund Description

PILL provides 3x daily exposure to a modified equal weighted index of pharmaceutical companies in the US.

PILL Factset Analytics Insight

PILL seeks to deliver daily investment results of 3x the performance of the S&P Pharmaceuticals Select Industry Index. The Index is a modified equal-weighted index that measures the performance of Pharmaceutical companies as defined by GICS, on the S&P Total Market Index. PILL uses derivatives, such as swaps, to achieve its exposure. As with all levered funds PILL should not be expected to deliver 3 times the performance of its index for periods longer than 1 day-compounding and path-dependency can cause significant deviations over longer time frames. PILL is only appropriate for short-term, tactical bets and not as a permanent holding. Hence, the cost of getting in and out of the funds spreads, commissions, and any premium/discount is more important than the funds' expense ratio. PILL originally provided 2 times the daily performance of the Dynamic Pharmaceutical Intellidex Index, but failed to attract interest; the fund closed in March 2017. The current version tracks the S&P Pharmaceuticals Select Industry Index with 3x leverage.

PILL Charts And Performance

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PILL Summary Data

Direxion
11/15/17
Open-Ended Fund
0.98%
$15.51M
0.54%

PILL Portfolio Data

0.11%
09/22/20

PILL Index Data

S&P Pharmaceuticals Select Industry
Equal
Multi-Factor
N/A

PILL Fund Structure

No
No
No Policy
N/A
N/A
High
3
Daily

PILL Tax Exposures

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

PILL Factset Analytics Block Liquidity

As of 07/03/20
5
4
3
2
1

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

PILL Tradability

96,881
$1.47M
78,168
$1.22M
0.54%
$0.08
-0.01%
40.97% / -0.79%
None
100.00%
50,000
1.56
0.03%
--
0
$15.41
N/A