Direxion Daily Global Clean Energy Bull 2X Shares ETF (KLNE)
KLNE is a passive ETF by Direxion tracking the investment results of the S&P Global Clean Energy. KLNE launched on Jul 29, 2021 and has a 1.07% expense ratio.
ETF Info
US25460G5264
25460G526
Jul 29, 2021
Global (Broad)
1x
S&P Global Clean Energy
Expense Ratio
KLNE has a high expense ratio of 1.07%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Daily Global Clean Energy Bull 2X Shares ETF, 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
KLNE
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^GSPC (Benchmark)
2.85%
2.00%
8.88%
24.72%
12.77%
11.45%
Monthly Returns
The table below presents the monthly returns of KLNE, 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 | -22.74% | 0.69% | -0.59% | -10.38% | 25.86% | -20.36% | -28.29% | ||||||
| 2023 | 7.78% | -14.53% | 4.61% | -10.89% | -4.56% | 0.68% | -2.52% | -22.78% | -18.29% | -22.28% | 17.92% | 20.86% | -43.79% |
| 2022 | -22.27% | 20.68% | 4.98% | -23.63% | 10.03% | -9.16% | 36.04% | -1.62% | -27.61% | -3.21% | 23.95% | -12.77% | -23.79% |
| 2021 | -0.58% | 5.00% | -14.26% | 35.17% | -14.45% | -18.46% | -15.60% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of KLNE is 1, meaning it’s performing worse than 99% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Daily Global Clean Energy Bull 2X Shares ETF (KLNE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Direxion Daily Global Clean Energy Bull 2X Shares ETF provided a 101.48% dividend yield over the last twelve months, with an annual payout of $6.37 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $6.37 | $0.15 | $0.03 | $0.05 |
Dividend yield | 101.48% | 1.68% | 0.20% | 0.22% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily Global Clean Energy Bull 2X Shares ETF. 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 | $0.02 | $0.00 | $0.00 | $0.04 | $6.31 | $6.37 | |||||
| 2023 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.05 | $0.15 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
| 2021 | $0.05 | $0.05 |
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 Global Clean Energy Bull 2X Shares ETF. 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 Global Clean Energy Bull 2X Shares ETF was 80.79%, occurring on Apr 19, 2024. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -80.79% | Nov 2, 2021 | 619 | Apr 19, 2024 | — | — | — |
| -20.98% | Sep 3, 2021 | 21 | Oct 4, 2021 | 17 | Oct 27, 2021 | 38 |
| -9.23% | Aug 10, 2021 | 6 | Aug 17, 2021 | 9 | Aug 30, 2021 | 15 |
| -2.64% | Aug 4, 2021 | 3 | Aug 6, 2021 | 1 | Aug 9, 2021 | 4 |
| -0.58% | Jul 30, 2021 | 1 | Jul 30, 2021 | 1 | Aug 2, 2021 | 2 |
Volatility
Volatility Chart
The current Direxion Daily Global Clean Energy Bull 2X Shares ETF volatility is 12.07%, 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.