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Direxion Daily MSCI Developed Markets Bull 3X Shares

etf
DZK
Dividend policy
Suspended
Price as of:
$44.21 +0.0 +0%
primary theme
N/A
DZK (ETF)

Direxion Daily MSCI Developed Markets Bull 3X Shares

Dividend policy
Suspended
Price as of:
$44.21 +0.0 +0%
primary theme
N/A
DZK (ETF)
Direxion Daily MSCI Developed Markets Bull 3X Shares
Dividend policy
Suspended
Price as of:
$44.21 +0.0 +0%
primary theme
N/A

DZK - Snapshot

Vitals

  • YTD Return -40.0%
  • 3 Yr Annualized Return -16.3%
  • 5 Yr Annualized Return -0.7%
  • Net Assets $10.6 M
  • Holdings in Top 10 84.1%

52 WEEK LOW AND HIGH

$44.21
$18.28
$76.45

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.49%

SALES FEES

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

BROKERAGE FEES

  • Turnover 99.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Theme N/A
  • Fund Type Exchange Traded Fund
  • Investment Style Trading--Leveraged Equity

Compare DZK to Popular Funds

Overview

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Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$11.62

-0.09%

$293.42 B

-

$0.02

blocked
blocked
blocked

5.16%

-

$126.37

+1.62%

$245.61 B

1.81%

$2.25

blocked
blocked
blocked

12.81%

-

$325.01

+1.62%

$231.63 B

1.70%

$5.44

blocked
blocked
blocked

11.98%

-

$1.00

0.00%

$209.23 B

0.50%

$0.00

blocked
blocked
blocked

0.00%

-

$1.00

0.00%

$208.54 B

0.47%

$0.00

blocked
blocked
blocked

0.00%

-

Compare DZK to Popular ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$187.59

+1.55%

$921.44 B

1.19%

$2.20

blocked
blocked
blocked

14.61%

-

$333.74

+1.62%

$557.01 B

1.63%

$5.35

blocked
blocked
blocked

12.64%

-

$58.45

+1.48%

$371.75 B

2.30%

$1.32

blocked
blocked
blocked

4.60%

-

$88.22

-0.10%

$293.42 B

2.30%

$2.03

blocked
blocked
blocked

5.15%

-

$363.22

+1.61%

$277.59 B

1.59%

$5.68

blocked
blocked
blocked

12.68%

-

DZK - Profile

Distributions

  • YTD Total Return -40.0%
  • 3 Yr Annualized Total Return -16.3%
  • 5 Yr Annualized Total Return -0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.76%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Direxion Daily MSCI Developed Markets Bull 3X Shares
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Dec 17, 2008
  • Shares Outstanding
    250001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Brigandi

Fund Description

The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure the performance of large- and mid-capitalization companies across the 21 developed market countries around the world, excluding the U.S. and Canada. The fund is non-diversified.


DZK - Performance

Return Ranking - Trailing

Period DZK Return Category Return Low Category Return High Rank in Category (%)
YTD -40.0% -84.8% 1261.1% 81.87%
1 Yr -29.5% -98.4% 464.7% 80.00%
3 Yr -16.3%* -86.9% 51.1% 83.24%
5 Yr -0.7%* -74.3% 67.2% 85.45%
10 Yr -0.9%* -39.2% 50.1% 86.57%

* Annualized

Return Ranking - Calendar

Period DZK Return Category Return Low Category Return High Rank in Category (%)
2019 60.8% -58.1% 806.3% 29.82%
2018 -44.4% -78.0% 36.9% 83.53%
2017 83.0% -70.1% 314.9% 9.76%
2016 -9.8% -82.0% 1431.2% 89.44%
2015 -12.7% -83.3% 117.6% 64.74%

Total Return Ranking - Trailing

Period DZK Return Category Return Low Category Return High Rank in Category (%)
YTD -40.0% -98.4% 257.3% 80.77%
1 Yr -29.5% -98.4% 464.7% 80.00%
3 Yr -16.3%* -86.9% 51.1% 83.24%
5 Yr -0.7%* -74.3% 67.2% 85.45%
10 Yr -0.9%* -39.2% 50.1% 86.57%

* Annualized

Total Return Ranking - Calendar

Period DZK Return Category Return Low Category Return High Rank in Category (%)
2019 60.8% -58.1% 229.8% 29.24%
2018 -44.4% -74.3% 36.9% 88.24%
2017 83.0% -40.2% 263.7% 9.76%
2016 -9.8% -62.9% 167.0% 91.93%
2015 -12.7% -86.8% 78.8% 71.15%

DZK - Holdings

Concentration Analysis

DZK Category Low Category High DZK % Rank
Net Assets 10.6 M 478 K 8.78 B 67.01%
Number of Holdings 8 5 2044 93.49%
Net Assets in Top 10 15.5 M 10 21.8 B 59.76%
Weighting of Top 10 84.14% 8.7% 100.0% 15.38%

Top 10 Holdings

  1. iShares MSCI EAFE ETF 48.04%
  2. Msci Eafe Index Swap 0.64%
  3. Msci Eafe Index Swap 0.64%
  4. Msci Eafe Index Swap 0.64%
  5. Msci Eafe Index Swap 0.64%
  6. Msci Eafe Index Swap 0.64%
  7. Msci Eafe Index Swap 0.64%
  8. Msci Eafe Index Swap 0.64%
  9. Msci Eafe Index Swap 0.64%
  10. Msci Eafe Index Swap 0.64%

Asset Allocation

Weighting Return Low Return High DZK % Rank
Cash
51.28% -200.03% 90.05% 15.38%
Stocks
48.67% -7.43% 300.03% 82.25%
Other
0.05% -2.82% 173.85% 31.95%
Preferred Stocks
0.00% 0.00% 0.00% 100.00%
Convertible Bonds
0.00% 0.00% 18.86% 100.00%
Bonds
0.00% 0.00% 41.01% 100.00%

Stock Sector Breakdown

Weighting Return Low Return High DZK % Rank
Financial Services
18.52% 0.00% 100.00% 11.68%
Industrials
14.95% 0.00% 100.00% 15.33%
Healthcare
12.53% 0.00% 100.00% 29.20%
Consumer Defense
11.20% 0.00% 97.38% 13.14%
Consumer Cyclical
10.26% 0.00% 93.85% 43.80%
Technology
7.31% 0.00% 100.00% 52.55%
Basic Materials
7.04% 0.00% 100.00% 15.33%
Communication Services
6.00% 0.00% 100.00% 39.42%
Energy
5.12% 0.00% 100.00% 18.25%
Utilities
3.60% 0.00% 100.00% 14.60%
Real Estate
3.48% 0.00% 100.00% 16.79%

Stock Geographic Breakdown

Weighting Return Low Return High DZK % Rank
Non US
48.12% 0.00% 193.33% 8.88%
US
0.55% -7.43% 300.03% 82.84%

DZK - Expenses

Operational Fees

DZK Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.49% 0.91% 9.92% 69.28%
Management Fee 0.75% 0.00% 0.95% 78.87%
12b-1 Fee 0.00% 0.00% 1.00% 51.09%
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

DZK 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

DZK 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.

DZK Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 99.00% 0.00% 368.00% 56.74%

DZK - Distributions

Dividend Yield Analysis

DZK Category Low Category High DZK % Rank
Dividend Yield 1.11% 0.00% 46.87% 9.79%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

DZK Category Low Category High DZK % Rank
Net Income Ratio 1.76% -2.08% 3.47% 3.61%

Capital Gain Distribution Analysis

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

Dividend Payout History

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DZK - Fund Manager Analysis

Managers

Paul Brigandi


Start Date

Tenure

Tenure Rank

Dec 17, 2008

11.79

11.8%

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

5.01

5.0%

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
0.13 27.24 6.71 7.0