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Direxion Flight to Safety Strategy ETF

FLYT
ETF · Currency in USD
ISIN
US25460G2030
Issuer
Direxion
Inception Date
Feb 5, 2020
Region
North America (U.S.)
Category
Diversified Portfolio
Expense Ratio
0.40%
Index Tracked
Solactive Flight to Safety Index (SOLFTS)
ETF Home Page
www.direxion.com
Asset Class
Multi-Asset
Asset Class Size
Multi-Cap
Asset Class Style
Blend

FLYTPrice Chart


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FLYTPerformance

The chart shows the growth of $10,000 invested in FLYT on Feb 14, 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,751 for a total return of roughly -2.49%. All prices are adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%20.00%AprilJulyOctober2021April
-2.49%
20.75%
S&P 500

FLYTReturns in periods

Returns over 1 year are annualized

PeriodReturn
1M1.46%
YTD-7.49%
6M-8.26%
1Y-4.18%
5Y-2.19%
10Y-2.19%

FLYTMonthly Returns Heatmap


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FLYTSharpe 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 Flight to Safety Strategy ETF Sharpe ratio is -0.16. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.80-0.60-0.40-0.200.000.200.40Feb 21Feb 28Mar 07Mar 14Mar 21Mar 28Apr 04
-0.16

FLYTDividends

Direxion Flight to Safety Strategy ETF granted a 3.33% dividend yield in the last twelve months, as of Apr 7, 2021. The annual payout for that period amounted to $1.59 per share.


PeriodTTM2020
Dividend$1.59$1.71
Dividend yield
3.33%3.32%

FLYTDrawdowns Chart


-15.00%-10.00%-5.00%0.00%AprilJulyOctober2021April
-11.67%

FLYTWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Flight to Safety Strategy 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 {{portfolioName}} is 14.68%, recorded on Mar 19, 2020. It took 86 trading sessions for the portfolio to recover.


Depth
Start
To Bottom
Bottom
To Recover
End
Total
-14.68%Mar 10, 20208Mar 19, 202086Jul 22, 202094
-14.49%Aug 7, 2020144Mar 4, 2021
-3.35%Feb 25, 20204Feb 28, 20203Mar 4, 20207
-0.43%Aug 3, 20201Aug 3, 20201Aug 4, 20202
-0.42%Aug 5, 20201Aug 5, 20201Aug 6, 20202
-0.22%Feb 19, 20201Feb 19, 20201Feb 20, 20202
-0.12%Jul 27, 20201Jul 27, 20201Jul 28, 20202
0%Jan 1, 19700Jan 1, 1970
0%Jan 1, 19700Jan 1, 1970
0%Jan 1, 19700Jan 1, 1970

FLYTVolatility Chart

Current Direxion Flight to Safety Strategy ETF volatility is 7.36%. The chart below displays rolling 10-day Close-to-Close volatility.


0.00%10.00%20.00%30.00%40.00%AprilJulyOctober2021April
7.36%

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