DFEN
Direxion Daily Aerospace & Defense Bull 3X Shares
DFEN provides 3x leveraged exposure to a market-cap- weighted index of US aerospace and defense companies.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 344.8 M
ASSETS UNDER MGMT
97 bp
EXPENSES
Fund Basics
| Inception date | May 03, 2017 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | |
| Derivatives-based | Yes |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -1.2% | 105.5% | 53.9% | 44.6% | 24.1% | -- | -- | 11.1% |
| Dividend Yield | 0.1% | 21.6% | 18.0% | 11.8% | 6.7% | -- | -- | 3.8% |
| Total Returns | -1.2% | 127.1% | 71.8% | 56.4% | 30.8% | -- | -- | 15.0% | Ann. Volatility | 77.3% | 70.0% | 61.9% | 56.2% | 59.0% | -- | -- | 71.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 2.66 | 52% |
| MSCI EAFE | 2.62 | 43% |
| MSCI Emg Mkts | 2.06 | 35% |
Liquidity Measures
| Avg. volume (000) | 286 |
| ADV traded (mns) | $17 |
| Turnover | 4.9% |
| Avg. Bid/Ask (% of price) | 0.15% |
Technical Indicators
| 30d moving avg. (EMA) | $70.88 |
| Relative strength (RSI) | 42 |
| MACD/Signal | -2.79/-1.81 |
| Bollinger Bands (Upper/Lower) | $80.93/$56.07 |
| Short interest (% of AUM) | 1.7% |
Distributions