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Direxion Daily Latin America 3x Bull Shares (LBJ)

ETF · Currency in USD · Last updated May 21, 2022

LBJ is a passive ETF by Direxion tracking the investment results of the S&P Latin America 40 Index (300%). LBJ launched on Dec 3, 2009 and has a 1.23% expense ratio.

ETF Info

  • ISINUS25490K2996
  • CUSIP25490K299
  • IssuerDirexion
  • Inception DateDec 3, 2009
  • RegionLatin America (Broad)
  • CategoryLeveraged Equities, Leveraged
  • Leveraged3x
  • Expense Ratio1.23%
  • Index TrackedS&P Latin America 40 Index (300%)
  • ETF Home Pagewww.direxion.com
  • Asset ClassEquity
  • Asset Class Size

    Large-Cap
  • Asset Class Style

    Blend

LBJShare Price Chart


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LBJPerformance

The chart shows the growth of $10,000 invested in Direxion Daily Latin America 3x Bull Shares on Jan 5, 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $95 for a total return of roughly -99.05%. All prices are adjusted for splits and dividends.


LBJ (Direxion Daily Latin America 3x Bull Shares)
Benchmark (^GSPC)

LBJReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD11.30%-8.60%
1M14.50%-7.82%
6M-26.77%-1.49%
1Y-17.76%13.41%
5Y-34.89%13.65%
10Y-33.74%12.76%

LBJMonthly Returns Heatmap


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LBJSharpe 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 Daily Latin America 3x Bull Shares Sharpe ratio is -0.43. 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.


LBJ (Direxion Daily Latin America 3x Bull Shares)
Benchmark (^GSPC)

LBJDividend History

Direxion Daily Latin America 3x Bull Shares granted a 0.00% dividend yield in the last twelve months, as of May 21, 2022. The annual payout for that period amounted to $61.23 per share.


PeriodTTM202120202019201820172016201520142013201220112010
Dividend$61.23$0.90$0.40$3.74$6.04$0.00$0.00$0.00$0.00$0.00$50.37$291.35$596.20

Dividend yield

0.00%1.67%0.50%0.85%1.61%0.00%0.00%0.00%0.00%0.00%1.78%10.60%8.54%

LBJDrawdowns Chart

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


LBJ (Direxion Daily Latin America 3x Bull Shares)
Benchmark (^GSPC)

LBJWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Daily Latin America 3x Bull Shares. 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 Daily Latin America 3x Bull Shares is 99.68%, recorded on Mar 23, 2020. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.68%Nov 8, 20102356Mar 23, 2020
-52.57%Jan 11, 201091May 20, 2010101Oct 13, 2010192
-8.64%Oct 19, 20101Oct 19, 201010Nov 2, 201011
-1.64%Oct 14, 20102Oct 15, 20101Oct 18, 20103
-1.18%Jan 7, 20101Jan 7, 20101Jan 8, 20102
-1.17%Nov 3, 20101Nov 3, 20101Nov 4, 20102

LBJVolatility Chart

Current Direxion Daily Latin America 3x Bull Shares volatility is 28.40%. 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.


LBJ (Direxion Daily Latin America 3x Bull Shares)
Benchmark (^GSPC)

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