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Trending ETFs

Direxion Dynamic Hedge ETF

etf
DYHG
Dividend policy
Active
Price as of:
$52.33 -0.14 0%
primary theme
Long-Short Equity
DYHG (ETF)

Direxion Dynamic Hedge ETF

Dividend policy
Active
Price as of:
$52.33 -0.14 0%
primary theme
Long-Short Equity
DYHG (ETF)
Direxion Dynamic Hedge ETF
Dividend policy
Active
Price as of:
$52.33 -0.14 0%
primary theme
Long-Short Equity

DYHG - Snapshot

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $6.54 M
  • Holdings in Top 10 94.7%

52 WEEK LOW AND HIGH

$52.47
$48.15
$52.64

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.55%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 12.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme Long-Short Equity
  • Fund Type Exchange Traded Fund
  • Investment Style Long-Short Equity

Compare DYHG to Popular Long-Short Equity Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$12.00

-0.08%

$69.69 M

-

$0.00

blocked
blocked
blocked

1.01%

-

$11.40

+0.26%

$68.49 M

8.30%

$0.94

blocked
blocked
blocked

0.80%

-

$11.98

0.00%

$23.23 M

2.38%

$0.28

blocked
blocked
blocked

0.84%

-

Compare DYHG to Popular Long-Short Equity ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$45.20

+0.01%

$311.62 M

0.42%

$0.19

blocked
blocked
blocked

3.65%

-

$95.22

+1.35%

$247.25 M

1.30%

$1.23

blocked
blocked
blocked

3.09%

-

$33.78

-0.11%

$130.41 M

0.62%

$0.21

blocked
blocked
blocked

2.15%

-

$36.21

-0.73%

$52.59 M

-

-

blocked
blocked
blocked

-1.17%

-

$52.33

-0.27%

$6.54 M

0.83%

$0.44

blocked
blocked
blocked

-0.02%

-

DYHG - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.41%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Direxion Dynamic Hedge ETF
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Jun 11, 2020
  • Shares Outstanding
    125001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Tony Ng

Fund Description

The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index, which may include shares of exchange-traded funds. The index is designed to adjust net exposure to the S&P 500® Index in an attempt to capitalize on the inverse relationship between volatility and the returns of the S&P 500® Index. It is non-diversified.


DYHG - Performance

Return Ranking - Trailing

Period DYHG Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -3.2% 10.1% 77.62%
1 Yr N/A -29.9% 91.1% N/A
3 Yr N/A* -15.0% 33.6% N/A
5 Yr N/A* -7.9% 16.9% N/A
10 Yr N/A* -0.3% 9.7% N/A

* Annualized

Return Ranking - Calendar

Period DYHG Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -47.6% 88.4% N/A
2019 N/A -12.2% 37.8% N/A
2018 N/A -41.4% 12.7% N/A
2017 N/A -67.1% 21.9% N/A
2016 N/A -17.3% 25.3% N/A

Total Return Ranking - Trailing

Period DYHG Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -3.2% 10.1% 77.62%
1 Yr N/A -33.4% 91.1% N/A
3 Yr N/A* -16.0% 33.6% N/A
5 Yr N/A* -8.3% 16.9% N/A
10 Yr N/A* -0.3% 9.7% N/A

* Annualized

Total Return Ranking - Calendar

Period DYHG Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -47.6% 88.4% N/A
2019 N/A -12.2% 37.8% N/A
2018 N/A -23.0% 12.7% N/A
2017 N/A -3.6% 25.0% N/A
2016 N/A -15.5% 25.3% N/A

DYHG - Holdings

Concentration Analysis

DYHG Category Low Category High DYHG % Rank
Net Assets 6.54 M 0 4.17 B 90.48%
Number of Holdings 4 3 2585 98.56%
Net Assets in Top 10 6.16 M -700 K 734 M 77.40%
Weighting of Top 10 94.68% 1.5% 100.0% 10.56%

Top 10 Holdings

  1. E-mini S&P 500 Future Dec 20 146.05%
  2. E-mini S&P 500 Future Dec 20 146.05%
  3. E-mini S&P 500 Future Dec 20 146.05%
  4. E-mini S&P 500 Future Dec 20 146.05%
  5. E-mini S&P 500 Future Dec 20 146.05%
  6. E-mini S&P 500 Future Dec 20 146.05%
  7. E-mini S&P 500 Future Dec 20 146.05%
  8. E-mini S&P 500 Future Dec 20 146.05%
  9. E-mini S&P 500 Future Dec 20 146.05%
  10. E-mini S&P 500 Future Dec 20 146.05%

Asset Allocation

Weighting Return Low Return High DYHG % Rank
Stocks
94.45% -8.00% 113.13% 12.38%
Cash
5.55% -140.68% 108.00% 85.58%
Preferred Stocks
0.00% 0.00% 9.09% 49.04%
Other
0.00% -11.02% 25.92% 48.08%
Convertible Bonds
0.00% 0.00% 3.58% 49.52%
Bonds
0.00% -19.52% 152.17% 56.19%

Stock Sector Breakdown

Weighting Return Low Return High DYHG % Rank
Technology
24.29% 0.00% 40.17% 17.26%
Healthcare
13.49% 0.00% 97.72% 58.88%
Financial Services
13.43% 0.00% 73.85% 50.25%
Consumer Cyclical
12.58% 0.00% 79.14% 44.67%
Communication Services
10.74% 0.00% 27.68% 32.49%
Industrials
8.78% 0.00% 37.84% 74.11%
Consumer Defense
6.96% 0.00% 48.89% 46.70%
Utilities
2.74% 0.00% 18.17% 29.95%
Real Estate
2.40% 0.00% 19.83% 42.64%
Energy
2.31% 0.00% 15.46% 29.95%
Basic Materials
2.28% 0.00% 17.61% 64.47%

Stock Geographic Breakdown

Weighting Return Low Return High DYHG % Rank
US
93.59% -29.89% 112.38% 6.73%
Non US
0.86% -2.00% 59.70% 73.08%

DYHG - Expenses

Operational Fees

DYHG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.55% 0.40% 12.79% 99.52%
Management Fee 0.50% 0.00% 2.25% 8.53%
12b-1 Fee 0.00% 0.00% 1.00% 12.80%
Administrative Fee N/A 0.03% 1.47% N/A

Sales Fees

DYHG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

DYHG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 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.

DYHG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 0.00% 498.00% 3.45%

DYHG - Distributions

Dividend Yield Analysis

DYHG Category Low Category High DYHG % Rank
Dividend Yield 0.33% 0.00% 2.53% 3.32%

Dividend Distribution Analysis

DYHG Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

DYHG Category Low Category High DYHG % Rank
Net Income Ratio 1.41% -2.65% 3.99% 8.17%

Capital Gain Distribution Analysis

DYHG Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

DYHG - Fund Manager Analysis

Managers

Tony Ng


Start Date

Tenure

Tenure Rank

Jun 11, 2020

0.56

0.6%

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.

Paul Brigandi


Start Date

Tenure

Tenure Rank

Jun 11, 2020

0.56

0.6%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.1 22.14 5.77 6.52