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Direxion Daily Aerospace & Defense Bull 3X Shares ...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US25460E6611

CUSIP

25460E661

Issuer

Direxion

Inception Date

May 3, 2017

Region

North America (U.S.)

Leveraged

3x

Index Tracked

Dow Jones U.S. Select Aerospace & Defense Index (300%)

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

DFEN has a high expense ratio of 0.99%, indicating higher-than-average management fees.


Expense ratio chart for DFEN: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
DFEN vs. PPA DFEN vs. SPXL DFEN vs. XAR DFEN vs. ITA DFEN vs. SPY DFEN vs. VOO DFEN vs. SOXL DFEN vs. CURE DFEN vs. TECL DFEN vs. FAS
Popular comparisons:
DFEN vs. PPA DFEN vs. SPXL DFEN vs. XAR DFEN vs. ITA DFEN vs. SPY DFEN vs. VOO DFEN vs. SOXL DFEN vs. CURE DFEN vs. TECL DFEN vs. FAS

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Direxion Daily Aerospace & Defense Bull 3X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
40.39%
148.35%
DFEN (Direxion Daily Aerospace & Defense Bull 3X Shares)
Benchmark (^GSPC)

Returns By Period

Direxion Daily Aerospace & Defense Bull 3X Shares had a return of 30.43% year-to-date (YTD) and 34.49% in the last 12 months.


DFEN

YTD

30.43%

1M

-11.32%

6M

16.06%

1Y

34.49%

5Y*

-10.56%

10Y*

N/A

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of DFEN, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-10.41%11.67%9.10%-5.67%13.60%-9.21%25.09%7.43%2.86%-11.72%21.98%30.43%
20236.23%-0.76%-0.29%-4.21%-14.60%22.47%1.20%-5.50%-24.65%9.22%28.26%17.31%24.70%
2022-6.25%33.87%-3.79%-20.54%-4.40%-10.14%12.58%-7.20%-28.48%57.62%11.32%-0.97%6.99%
2021-18.33%21.58%27.66%6.16%10.03%-2.20%-5.43%-6.27%-5.21%0.15%-18.55%13.60%12.73%
20206.69%-33.04%-75.44%18.66%11.66%-6.66%-15.81%19.27%-15.99%-14.52%76.15%7.99%-70.23%
201940.05%23.62%-13.46%14.85%-12.13%18.88%0.88%7.60%3.85%-7.26%15.72%-10.29%95.09%
201824.85%-2.86%-7.80%-9.26%9.41%-9.73%20.83%1.82%14.46%-32.52%-1.28%-28.58%-32.86%
201710.07%-1.03%14.65%10.29%13.97%3.49%8.83%3.82%83.57%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of DFEN is 46, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of DFEN is 4646
Overall Rank
The Sharpe Ratio Rank of DFEN is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of DFEN is 4747
Sortino Ratio Rank
The Omega Ratio Rank of DFEN is 5050
Omega Ratio Rank
The Calmar Ratio Rank of DFEN is 3636
Calmar Ratio Rank
The Martin Ratio Rank of DFEN is 5252
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for DFEN, currently valued at 0.81, compared to the broader market0.002.004.000.812.10
The chart of Sortino ratio for DFEN, currently valued at 1.29, compared to the broader market-2.000.002.004.006.008.0010.001.292.80
The chart of Omega ratio for DFEN, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.001.171.39
The chart of Calmar ratio for DFEN, currently valued at 0.55, compared to the broader market0.005.0010.0015.000.553.09
The chart of Martin ratio for DFEN, currently valued at 4.55, compared to the broader market0.0020.0040.0060.0080.00100.004.5513.49
DFEN
^GSPC

The current Direxion Daily Aerospace & Defense Bull 3X Shares Sharpe ratio is 0.81. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Direxion Daily Aerospace & Defense Bull 3X Shares with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
0.81
2.10
DFEN (Direxion Daily Aerospace & Defense Bull 3X Shares)
Benchmark (^GSPC)

Dividends

Dividend History

Direxion Daily Aerospace & Defense Bull 3X Shares provided a 13.38% dividend yield over the last twelve months, with an annual payout of $3.79 per share.


0.50%1.00%1.50%2.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.602017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017
Dividend$3.79$0.28$0.09$0.35$0.08$0.29$0.32$0.65

Dividend yield

13.38%1.13%0.46%1.89%0.48%0.50%1.07%1.46%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Daily Aerospace & Defense Bull 3X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.07$0.00$0.00$0.10$0.00$0.00$0.04$0.00$0.00$3.57$3.79
2023$0.00$0.00$0.05$0.00$0.00$0.07$0.00$0.00$0.06$0.00$0.00$0.10$0.28
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.04$0.00$0.00$0.05$0.09
2021$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.34$0.35
2020$0.00$0.00$0.08$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.08
2019$0.00$0.00$0.07$0.00$0.00$0.05$0.00$0.00$0.15$0.00$0.00$0.02$0.29
2018$0.00$0.00$0.00$0.00$0.00$0.10$0.00$0.00$0.14$0.00$0.00$0.08$0.32
2017$0.65$0.65

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-52.95%
-2.62%
DFEN (Direxion Daily Aerospace & Defense Bull 3X Shares)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily Aerospace & Defense Bull 3X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Direxion Daily Aerospace & Defense Bull 3X Shares was 91.36%, occurring on Mar 23, 2020. The portfolio has not yet recovered.

The current Direxion Daily Aerospace & Defense Bull 3X Shares drawdown is 52.95%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-91.36%Feb 13, 202027Mar 23, 2020
-61.07%Oct 4, 201856Dec 24, 2018182Sep 16, 2019238
-25.73%Feb 2, 201862May 2, 201888Sep 6, 2018150
-19.97%Sep 19, 201923Oct 21, 201919Nov 15, 201942
-13.84%Nov 18, 201922Dec 18, 201919Jan 16, 202041

Volatility

Volatility Chart

The current Direxion Daily Aerospace & Defense Bull 3X Shares volatility is 17.65%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
17.65%
3.79%
DFEN (Direxion Daily Aerospace & Defense Bull 3X Shares)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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