Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN)
DFEN is a passive ETF by Direxion tracking the investment results of the Dow Jones U.S. Select Aerospace & Defense Index (300%). DFEN launched on May 3, 2017 and has a 0.99% expense ratio.
ETF Info
| ISIN | US25460E6611 |
|---|---|
| CUSIP | 25460E661 |
| Issuer | Direxion |
| Inception Date | May 3, 2017 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Leveraged, Aerospace & Defense |
| Leveraged | 3x |
| Index Tracked | Dow Jones U.S. Select Aerospace & Defense Index (300%) |
| Home Page | www.direxion.com |
| 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.
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
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.
Returns By Period
Direxion Daily Aerospace & Defense Bull 3X Shares had a return of 61.72% year-to-date (YTD) and 106.99% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 61.72% | 25.48% |
| 1 month | 2.08% | 2.14% |
| 6 months | 42.35% | 12.76% |
| 1 year | 106.99% | 33.14% |
| 5 years (annualized) | -8.88% | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -10.41% | 11.67% | 9.10% | -5.67% | 13.60% | -9.21% | 25.09% | 7.43% | 2.86% | -11.72% | 61.72% | ||
| 2023 | 6.23% | -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% | 27.65% | 6.16% | 10.03% | -2.20% | -5.44% | -6.27% | -5.21% | 0.15% | -18.55% | 13.59% | 12.72% |
| 2020 | 6.69% | -33.04% | -75.44% | 18.66% | 11.67% | -6.66% | -15.82% | 19.27% | -15.99% | -14.52% | 76.15% | 7.99% | -70.23% |
| 2019 | 40.05% | 23.62% | -13.46% | 14.85% | -12.13% | 18.88% | 0.88% | 7.60% | 3.85% | -7.26% | 15.72% | -10.29% | 95.09% |
| 2018 | 24.85% | -2.86% | -7.80% | -9.26% | 9.41% | -9.73% | 20.83% | 1.82% | 14.46% | -32.52% | -1.28% | -28.58% | -32.86% |
| 2017 | 10.07% | -1.03% | 14.65% | 10.29% | 13.97% | 3.49% | 8.83% | 3.82% | 83.56% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DFEN is 66, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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.
Dividends
Dividend History
Direxion Daily Aerospace & Defense Bull 3X Shares provided a 0.81% dividend yield over the last twelve months, with an annual payout of $0.32 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.32 | $0.28 | $0.09 | $0.35 | $0.08 | $0.29 | $0.32 | $0.65 |
Dividend yield | 0.81% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.22 | |
| 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.
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 41.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -91.36% | Feb 13, 2020 | 27 | Mar 23, 2020 | — | — | — |
| -61.07% | Oct 4, 2018 | 56 | Dec 24, 2018 | 182 | Sep 16, 2019 | 238 |
| -25.73% | Feb 2, 2018 | 62 | May 2, 2018 | 88 | Sep 6, 2018 | 150 |
| -19.97% | Sep 19, 2019 | 23 | Oct 21, 2019 | 19 | Nov 15, 2019 | 42 |
| -13.84% | Nov 18, 2019 | 22 | Dec 18, 2019 | 19 | Jan 16, 2020 | 41 |
Volatility
Volatility Chart
The current Direxion Daily Aerospace & Defense Bull 3X Shares volatility is 20.76%, 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.