Direxion Daily Travel & Vacation Bull 2X Shares (OOTO)
OOTO is a passive ETF by Direxion tracking the investment results of the BlueStar Travel and Vacation Index (200%). OOTO launched on Jun 10, 2021 and has a 1.07% expense ratio.
ETF Info
| ISIN | US25460G5421 |
|---|---|
| CUSIP | 25460G542 |
| Issuer | Direxion |
| Inception Date | Jun 10, 2021 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Leveraged |
| Leveraged | 2x |
| Index Tracked | BlueStar Travel and Vacation Index (200%) |
| Home Page | www.direxion.com |
| Asset Class | Equity |
Expense Ratio
OOTO has a high expense ratio of 1.07%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: OOTO vs. SCHD, OOTO vs. SOXL
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Daily Travel & Vacation Bull 2X Shares, 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
Direxion Daily Travel & Vacation Bull 2X Shares had a return of 0.25% year-to-date (YTD) and 14.52% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.25% | 5.57% |
| 1 month | -14.07% | -4.16% |
| 6 months | 46.38% | 20.07% |
| 1 year | 14.52% | 20.82% |
| 5 years (annualized) | N/A | 11.56% |
| 10 years (annualized) | N/A | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.52% | 11.34% | 7.50% | |||||||||
| 2023 | -14.98% | 22.09% | 19.60% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of OOTO is 31, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Direxion Daily Travel & Vacation Bull 2X Shares(OOTO)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Daily Travel & Vacation Bull 2X Shares (OOTO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Direxion Daily Travel & Vacation Bull 2X Shares granted a 1.21% dividend yield in the last twelve months. The annual payout for that period amounted to $0.17 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $0.17 | $0.14 |
Dividend yield | 1.21% | 0.99% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily Travel & Vacation Bull 2X Shares. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.03 | |||||||||
| 2023 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily Travel & Vacation Bull 2X Shares. 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 Travel & Vacation Bull 2X Shares was 66.92%, occurring on Sep 30, 2022. The portfolio has not yet recovered.
The current Direxion Daily Travel & Vacation Bull 2X Shares drawdown is 43.02%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -66.92% | Jun 14, 2021 | 329 | Sep 30, 2022 | — | — | — |
Volatility
Volatility Chart
The current Direxion Daily Travel & Vacation Bull 2X Shares volatility is 10.64%, 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.