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Direxion Dynamic Hedge ETF (DYHG)

ETF · Currency in USD · Last updated May 18, 2022

DYHG is a passive ETF by Direxion tracking the investment results of the Salt truVol US Large Cap Dynamic Hedge Index. DYHG launched on Jun 11, 2020 and has a 0.57% expense ratio.

ETF Info

  • ISINUS25460G7401
  • IssuerDirexion
  • Inception DateJun 11, 2020
  • RegionNorth America (U.S.)
  • CategoryHedge Fund
  • Expense Ratio0.57%
  • Index TrackedSalt truVol US Large Cap Dynamic Hedge Index
  • ETF Home Pagewww.direxion.com
  • Asset ClassEquity
  • Asset Class Size

    Large-Cap
  • Asset Class Style

    Blend

DYHGShare Price Chart


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DYHGPerformance

The chart shows the growth of $10,000 invested in Direxion Dynamic Hedge ETF on Jun 12, 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $12,776 for a total return of roughly 27.76%. All prices are adjusted for splits and dividends.


DYHG (Direxion Dynamic Hedge ETF)
Benchmark (^GSPC)

DYHGReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD-2.12%-8.60%
1M-1.20%-7.82%
6M5.50%-1.49%
1Y17.02%13.41%
5Y16.29%25.79%
10Y16.29%25.79%

DYHGMonthly Returns Heatmap


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DYHGSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Direxion Dynamic Hedge ETF Sharpe ratio is 1.52. A Sharpe ratio greater than 1.0 is considered acceptable.

The chart below displays rolling 12-month Sharpe Ratio.


DYHG (Direxion Dynamic Hedge ETF)
Benchmark (^GSPC)

DYHGDividend History

Direxion Dynamic Hedge ETF granted a 0.00% dividend yield in the last twelve months, as of May 18, 2022. The annual payout for that period amounted to $0.43 per share.


PeriodTTM20212020
Dividend$0.43$0.43$0.44

Dividend yield

0.00%0.68%0.84%

DYHGDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


DYHG (Direxion Dynamic Hedge ETF)
Benchmark (^GSPC)

DYHGWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Dynamic Hedge ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Direxion Dynamic Hedge ETF is 6.66%, recorded on Oct 28, 2020. It took 48 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-6.66%Sep 3, 202039Oct 28, 202048Jan 7, 202187
-4.81%Sep 7, 202120Oct 4, 202119Oct 29, 202139
-3.8%Feb 16, 202113Mar 4, 20216Mar 12, 202119
-3.17%Jan 22, 20216Jan 29, 20214Feb 4, 202110
-3.09%May 10, 20213May 12, 202126Jun 18, 202129
-2.86%Jun 21, 20211Jun 21, 202113Jul 9, 202114
-2.74%Jul 13, 20215Jul 19, 20218Jul 29, 202113
-2.51%Dec 30, 202111Jan 13, 2022
-2.39%Dec 16, 20213Dec 20, 20213Dec 23, 20216
-2.27%Nov 19, 20218Dec 1, 20214Dec 7, 202112

DYHGVolatility Chart

Current Direxion Dynamic Hedge ETF volatility is 8.31%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


DYHG (Direxion Dynamic Hedge ETF)
Benchmark (^GSPC)

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