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Direxion Shares ETF Trust - Direxion Daily Latin America Bull 2X Shares
ETF
LBJ
Payout Change
Suspended
Price as of:
$
+0.0
+0.0%
primary theme
N/A
LBJ (ETF)
Direxion Shares ETF Trust - Direxion Daily Latin America Bull 2X Shares
Payout Change
Suspended
Price as of:
$
+0.0
+0.0%
primary theme
N/A
LBJ (ETF)
Direxion Shares ETF Trust - Direxion Daily Latin America Bull 2X Shares
Payout Change
Suspended
Price as of:
$
+0.0
+0.0%
primary theme
N/A
Name
As of 01/18/2022Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
-
$14.4 M
0.00%
1.46%
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$14.4 M
Holdings in Top 10
117.1%
52 WEEK LOW AND HIGH
$0.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.46%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 01/18/2022Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
-
$14.4 M
0.00%
1.46%
LBJ - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameDirexion Shares ETF Trust - Direxion Daily Latin America Bull 2X Shares
-
Fund Family NameDirexion Shares ETF Trust
-
Inception DateN/A
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPaul Brigandi
Fund Description
The Index is a float-adjusted market capitalization weighted equity index of issuers drawn from five major Latin American markets: Brazil, Chile, Columbia, Mexico, and Perú. It is designed for investors seeking broad market exposure to approximately 40 highly liquid, large, blue-chip companies from the Latin American markets. The Index attempts to capture 70% of the Latin American region’s total market capitalization.Latin America is considered an “emerging market,” as that term is defined by the index provider. The term “emerging market” refers to an economy that is in the initial stages of industrialization and has been historically marked by low per capita income and a lack of capital market transparency, but appears to be implementing political and/or market reforms resulting in greater capital market transparency, increased access for foreign investors and generally improved economic conditions.As of December 31, 2020, the Index had 41 constituents with a median total market capitalization of $13.2 billion, total market capitalizations ranging from $3.4 billion to $88.6 billion and were included in the financials and materials sectors. The Index rebalances quarterly.The Fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, exchange-traded funds ("ETFs") that track the Index, securities of the Index and other financial instruments that provide daily leveraged exposure to the Index or to ETFs that track the Index. The financial instruments in which the Fund most commonly invests are swap agreements and futures contracts which are intended to produce economically leveraged investment results. The Fund generally will not invest directly in the various Latin American countries' securities markets therefore, the Fund expects to invest a majority of its assets in ETFs and swaps that provide exposure to ETFs that seek to replicate the performance of the Index.The components of the Index and the percentages represented by various sectors in the Index may change over time. The Fund will concentrate its investment in a particular industry or group of industries (i.e., hold 25% or more of its total assets in the stocks of a particular industry or group of industries) to approximately the same extent as the Index is so concentrated.The Fund may invest in the securities of the Index, a representative sample of the securities in the Index that has aggregate characteristics similar to those of the Index, an ETF that tracks the Index or a substantially similar index, and may utilize derivatives, such as swaps or futures on the Index or on an ETF that tracks the same Index or a substantially similar index, that provide leveraged exposure to the above. The Fund seeks to remain fully invested at all times, consistent with its stated investment objective, but may not always have investment exposure to all of the securities in the Index, or its weighting of investment exposure to securities or industries may be different from that of the Index. In addition, the Fund may invest in securities or financial instruments not included in the Index.The Fund will attempt to achieve its investment objective without regard to overall market movement or the increase or decrease of the value of the securities in the Index. At the close of the markets each trading day, Rafferty positions the Fund’s portfolio so that its exposure to the Index is consistent with the Fund’s investment objective. The impact of the Index’s movements during the day will affect whether the Fund’s portfolio needs to be re-positioned. For example, if the Index has risen on a given day, net assets of the Fund should rise, meaning that the Fund’s exposure will need to be increased. Conversely, if the Index has fallen on a given day, net assets of the Fund should fall, meaning the Fund’s exposure will need to be reduced. This re-positioning strategy typically results in high portfolio turnover. On a day-to-day basis, the Fund is expected to hold ETFs and money market funds, deposit accounts with institutions with high quality credit ratings, and/or short-term debt instruments that have terms-to-maturity of less than 397 days and exhibit high quality credit profiles, including U.S. government securities and repurchase agreements.The terms “daily,” “day,” and “trading day,” refer to the period from the close of the markets on one trading day to the close of the markets on the next trading day. Additionally, the Fund’s investment objective is not a fundamental policy and may be changed by the Fund’s Board of Trustees without shareholder approval.Because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from 200% of the return of the Index over the same period. The Fund will lose money if the Index performance is flat over time, and as a result of daily rebalancing, the Index’s volatility and the effects of compounding, it is even possible that the Fund will lose money over time while the Index's performance increases over a period longer than a single day.
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LBJ - Performance
Return Ranking - Trailing
| Period | LBJ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | N/A | -53.1% | 73.8% | 6.03% |
| 1 Yr | N/A | -78.2% | 51.1% | 91.35% |
| 3 Yr | N/A* | -60.4% | 31.3% | 98.30% |
| 5 Yr | N/A* | -56.1% | 17.2% | 97.58% |
| 10 Yr | N/A* | -44.0% | 38.7% | 99.28% |
* Annualized
Return Ranking - Calendar
| Period | LBJ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -91.0% | 202.7% | 82.86% |
| 2022 | N/A | -100.0% | 63.8% | 3.45% |
| 2021 | N/A | -70.3% | 68.6% | 87.50% |
| 2020 | N/A | -63.8% | 35.0% | 81.18% |
| 2019 | N/A | -23.8% | 19.5% | 98.16% |
Total Return Ranking - Trailing
| Period | LBJ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | N/A | -86.2% | 87.0% | 7.04% |
| 1 Yr | N/A | -78.2% | 51.1% | 91.35% |
| 3 Yr | N/A* | -60.4% | 31.3% | 98.30% |
| 5 Yr | N/A* | -56.1% | 17.2% | 97.58% |
| 10 Yr | N/A* | -44.0% | 38.7% | 99.28% |
* Annualized
Total Return Ranking - Calendar
| Period | LBJ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -91.0% | 202.7% | 84.00% |
| 2022 | N/A | -100.0% | 63.8% | 97.13% |
| 2021 | N/A | -70.3% | 68.6% | 86.90% |
| 2020 | N/A | -63.8% | 35.0% | 85.88% |
| 2019 | N/A | -23.8% | 32.1% | 23.31% |
LBJ - Holdings
Concentration Analysis
| LBJ | Category Low | Category High | LBJ % Rank | |
|---|---|---|---|---|
| Net Assets | 14.4 M | 431 K | 13.8 B | 69.67% |
| Number of Holdings | 9 | 2 | 2041 | 88.48% |
| Net Assets in Top 10 | 15.6 M | 3.61 K | 28.4 B | 63.87% |
| Weighting of Top 10 | 117.08% | 14.2% | 100.0% | 9.84% |
Top 10 Holdings
- DREYFUS GOV'T CASH MGMT -INSTITUTIONAL CUSIP 262006208 DGCXX (#289) 92.46%
- ISHARES LATIN AMERICA 40 ETF 26.69%
- GOLDMAN FINL SQ TRSRY INST 506 9.80%
- GOLDMAN FS GOVT INST 8.84%
- GOLDMAN FS GOVT INST 8.31%
- ISHARES LATIN AMERICA 40 ETF SWAP -2.17%
- ISHARES LATIN AMERICA 40 ETF SWAP -2.69%
- ISHARES LATIN AMERICA 40 ETF SWAP -9.23%
- ISHARES LATIN AMERICA 40 ETF SWAP -14.93%
Asset Allocation
| Weighting | Return Low | Return High | LBJ % Rank | |
|---|---|---|---|---|
| Cash | 119.42% | -217.86% | 1070.64% | 6.28% |
| Stocks | 26.69% | -53.45% | 300.00% | 91.62% |
| Preferred Stocks | 0.00% | 0.00% | 5.99% | 1.57% |
| Convertible Bonds | 0.00% | 0.00% | 0.32% | 37.70% |
| Bonds | 0.00% | 0.00% | 17.08% | 38.74% |
| Other | -29.02% | -970.62% | 246.44% | 59.69% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LBJ % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 100.00% | 36.00% |
| Technology | 0.00% | 0.00% | 100.00% | 61.33% |
| Real Estate | 0.00% | 0.00% | 100.00% | 36.67% |
| Industrials | 0.00% | 0.00% | 100.00% | 42.67% |
| Healthcare | 0.00% | 0.00% | 100.00% | 57.33% |
| Financial Services | 0.00% | 0.00% | 100.00% | 6.00% |
| Energy | 0.00% | 0.00% | 100.00% | 13.33% |
| Communication Services | 0.00% | 0.00% | 100.00% | 37.33% |
| Consumer Defense | 0.00% | 0.00% | 98.30% | 6.00% |
| Consumer Cyclical | 0.00% | 0.00% | 94.15% | 59.33% |
| Basic Materials | 0.00% | 0.00% | 100.00% | 7.33% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LBJ % Rank | |
|---|---|---|---|---|
| US | 26.69% | -235.81% | 298.07% | 95.29% |
| Non US | 0.00% | 0.00% | 200.29% | 16.23% |
LBJ - Expenses
Operational Fees
| LBJ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.46% | 0.45% | 2.82% | 51.81% |
| Management Fee | 0.75% | 0.00% | 0.95% | 28.30% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 16.11% |
| Administrative Fee | N/A | 0.03% | 0.25% | N/A |
Sales Fees
| LBJ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 4.75% | 4.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| LBJ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| LBJ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 302.00% | 100.00% |
LBJ - Distributions
Dividend Yield Analysis
| LBJ | Category Low | Category High | LBJ % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 24.60% | 49.53% |
Dividend Distribution Analysis
| LBJ | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| LBJ | Category Low | Category High | LBJ % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | -2.77% | 6.66% | 18.99% |
Capital Gain Distribution Analysis
| LBJ | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 29, 2021 | $0.674 | OrdinaryDividend |
| Jun 29, 2021 | $0.230 | OrdinaryDividend |
| Dec 30, 2020 | $0.105 | OrdinaryDividend |
| Jun 30, 2020 | $0.290 | OrdinaryDividend |
| Dec 31, 2019 | $0.430 | OrdinaryDividend |
| Oct 01, 2019 | $0.750 | OrdinaryDividend |
| Jul 02, 2019 | $1.372 | OrdinaryDividend |
| Mar 26, 2019 | $1.179 | OrdinaryDividend |
| Jan 04, 2019 | $1.648 | OrdinaryDividend |
| Oct 02, 2018 | $3.085 | OrdinaryDividend |
| Mar 27, 2018 | $1.312 | OrdinaryDividend |
| Dec 26, 2012 | $6.799 | OrdinaryDividend |
| Sep 26, 2012 | $3.010 | OrdinaryDividend |
| Dec 29, 2011 | $25.860 | OrdinaryDividend |
| Sep 28, 2011 | $16.190 | OrdinaryDividend |
| Jun 28, 2011 | $4.602 | OrdinaryDividend |
| Dec 30, 2010 | $131.676 | OrdinaryDividend |
| Jun 29, 2010 | $23.616 | OrdinaryDividend |
| Mar 30, 2010 | $15.516 | OrdinaryDividend |
LBJ - Fund Manager Analysis
Managers
Paul Brigandi
Start Date
Tenure
Tenure Rank
Dec 03, 2009
12.08
12.1%
Paul Brigandi, the Fund’s Portfolio Manager, is primarily responsible for the day-to-day management of the Fund. An investment trading team of Rafferty employees assists Mr. Brigandi in the day-to-day management of the Fund subject to his primary responsibility and oversight. The Portfolio Manager works with the investment trading team to decide the target allocation of the Fund’s investments and on a day-to-day basis, an individual portfolio trader executes transactions for the Fund consistent with its target allocation. The members of the investment trading team rotate among the various series of the Trust, including the Fund periodically so that no single individual is assigned to a specific Fund for extended periods of time. Mr. Brigandi has been a Portfolio Manager at Rafferty since June 2004. Mr. Brigandi was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. Mr. Brigandi is a 2002 graduate of Fordham University.
Tony Ng
Start Date
Tenure
Tenure Rank
Sep 30, 2015
6.26
6.3%
Tony Ng is a Portfolio Manager and joined Rafferty Asset Management in April 2006. He was previously a Team Leader in the Trading Assistant Group with Goldman Sachs from 2004 to 2006. Hg was employed with Deutsche Asset Management from 1998 to 2004. Mr. Ng graduated from State University at Buffalo in 1998.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 1.19 | 28.9 | 9.06 | 8.67 |
