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 multi-factor index of pharmaceutical companies in the US.

PILL Factset Analytics Insight

PILL seeks to deliver daily investment results of 3x the performance of the Dynamic Pharmaceutical Intellidex Index. The underlying index is built using a quant-driven methodology to select and weight pharmaceutical companies based on fundamental and risk factors. Unlike PJP—an unlevered PowerShares’ ETF following the same index—PILL uses derivatives, such as swaps, to achieve its exposure. It’s worth noting that the fund is not a pure pharma play, as some biotech companies also find their way into the index.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 fund—spreads, commissions, and any premium/discount—is more important than the fund’s expense ratio.PILL originally provided 2 times the daily performance of the index, but failed to attract interest; the fund closed in March 2017. The current version tracks the same index, but with 3x leverage and a higher expense ratio.

PILL MSCI ESG Analytics Insight

Direxion Daily Pharmaceutical & Medical Bull 3X Shares has an MSCI ESG Fund Rating of BBB based on a score of 4.42 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion Daily Pharmaceutical & Medical Bull 3X Shares ranks in the 27th percentile within its peer group and in the 32nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PILL Charts And Performance

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PERFORMANCE [as of 09/16/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PILL 1.17% -15.85% -32.57% -59.05% -- -- --
PILL (NAV) 12.74% -10.48% -31.72% -57.54% -- -- --
S&P Pharmaceuticals Select Industry 4.64% -2.09% -8.21% -19.80% -2.20% 0.66% --
N/A -- -- -- -- -- -- --
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
0.99%
$16.48M
0.62%

PILL Portfolio Data

1.51%
09/24/19

PILL Index Data

S&P Pharmaceuticals Select Industry
Market Cap
Market Cap
N/A

PILL Fund Structure

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 -
Daily Spread
Premium/Discount
Volume

PILL Factset Analytics Block Liquidity

As of 09/17/19
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

29,344
$426.87K
9,044
$139.13K
0.62%
$0.10
0.02%
3.56% / -2.94%
None
100.00%
50,000
0.18
0.17%
--
0
$14.66
N/A

PILL MSCI ESG Ratings

BBB
4.42 / 10
32.22
27.28
--
27.16%
31.59