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Direxion Fallen Knives ETF

NIFE
ETF · Currency in USD
ISIN
US25460G7575
CUSIP
25460G757
Issuer
Direxion
Inception Date
Jun 11, 2020
Region
North America (U.S.)
Category
Small Cap Blend Equities
Expense Ratio
0.50%
Index Tracked
Indxx US Fallen Knives Index
ETF Home Page
www.direxion.com
Asset Class
Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

NIFEPrice Chart


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NIFEPerformance

The chart shows the growth of $10,000 invested in Direxion Fallen Knives ETF on Jun 12, 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $15,840 for a total return of roughly 58.40%. All prices are adjusted for splits and dividends.


NIFE (Direxion Fallen Knives ETF)
Benchmark (S&P 500)

NIFEReturns in periods

Returns over 1 year are annualized

PeriodReturn
1M-4.05%
6M-7.13%
YTD7.02%
1Y33.27%
5Y39.93%
10Y39.93%

NIFEMonthly Returns Heatmap


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NIFESharpe 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 Fallen Knives ETF Sharpe ratio is 1.35. A Sharpe ratio greater than 1.0 is considered acceptable.

The chart below displays rolling 12-month Sharpe Ratio.


NIFE (Direxion Fallen Knives ETF)
Benchmark (S&P 500)

NIFEDividends

Direxion Fallen Knives ETF granted a 6.07% dividend yield in the last twelve months, as of Oct 23, 2021. The annual payout for that period amounted to $4.23 per share.


PeriodTTM2020
Dividend$4.23$3.93

Dividend yield

6.07%6.01%

NIFEDrawdowns Chart

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


NIFE (Direxion Fallen Knives ETF)
Benchmark (S&P 500)

NIFEWorst Drawdowns

The table below shows the maximum drawdowns of the Direxion Fallen Knives 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 Fallen Knives ETF is 14.82%, recorded on Oct 4, 2021. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-14.82%Jun 9, 202182Oct 4, 2021
-8.52%Aug 6, 202034Sep 23, 20208Oct 5, 202042
-8.25%Jan 15, 202110Jan 29, 20216Feb 8, 202116
-7.17%Mar 16, 20217Mar 24, 202116Apr 16, 202123
-5.6%Oct 26, 20203Oct 28, 20206Nov 5, 20209
-4.99%Feb 25, 20216Mar 4, 20215Mar 11, 202111
-4.7%May 10, 20213May 12, 202113Jun 1, 202116
-3.53%Nov 25, 20203Nov 30, 20203Dec 3, 20206
-3.2%Jul 21, 20209Jul 31, 20203Aug 5, 202012
-2.71%Oct 13, 20205Oct 19, 20204Oct 23, 20209

NIFEVolatility Chart

Current Direxion Fallen Knives ETF volatility is 20.24%. 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.


NIFE (Direxion Fallen Knives ETF)
Benchmark (S&P 500)

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