FLYT: Direxion Flight to Safety Strategy ETF - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$49.84

-

3.54%

$1.78

0.37%

Vitals

YTD Return

-3.3%

1 yr return

-1.4%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$15.2 M

Holdings in Top 10

87.7%

52 WEEK LOW AND HIGH

$50.19
$46.17
$53.96

Expenses

OPERATING FEES

Expense Ratio 0.37%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 33.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Allocation--30% to 50% Equity


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$49.84

-

3.54%

$1.78

0.37%

FLYT - Profile

Distributions

  • YTD Total Return -3.3%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.37%
DIVIDENDS
  • Dividend Yield 3.5%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Direxion Flight to Safety Strategy ETF
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Feb 05, 2020
  • Shares Outstanding
    300001
  • 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. The index measures the performance of a volatility-weighted basket of gold, U.S. listed large-capitalization utility stocks, and U.S. treasury bonds with remaining maturities of greater than 20 years. It is non-diversified.


FLYT - Performance

Return Ranking - Trailing

Period FLYT Return Category Return Low Category Return High Rank in Category (%)
YTD -3.3% -8.4% 17.9% 99.83%
1 Yr -1.4% -1.4% 45.2% 100.00%
3 Yr N/A* 2.3% 24.1% N/A
5 Yr N/A* 2.5% 21.4% N/A
10 Yr N/A* 3.6% 10.6% N/A

* Annualized

Return Ranking - Calendar

Period FLYT Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -43.0% 40.7% N/A
2019 N/A -9.5% 22.1% N/A
2018 N/A -21.7% -3.5% N/A
2017 N/A -7.3% 13.7% N/A
2016 N/A -9.0% 23.3% N/A

Total Return Ranking - Trailing

Period FLYT Return Category Return Low Category Return High Rank in Category (%)
YTD -3.3% -8.4% 17.9% 99.83%
1 Yr -1.4% -1.4% 51.9% 100.00%
3 Yr N/A* -4.2% 24.1% N/A
5 Yr N/A* 2.5% 21.4% N/A
10 Yr N/A* 3.6% 10.6% N/A

* Annualized

Total Return Ranking - Calendar

Period FLYT Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -43.0% 40.7% N/A
2019 N/A -9.5% 22.1% N/A
2018 N/A -21.7% -2.0% N/A
2017 N/A -5.9% 16.6% N/A
2016 N/A -5.0% 23.3% N/A

FLYT - Holdings

Concentration Analysis

FLYT Category Low Category High FLYT % Rank
Net Assets 15.2 M 2.76 M 73.5 B 97.49%
Number of Holdings 32 2 20571 48.77%
Net Assets in Top 10 13.3 M -110 M 12.8 B 71.93%
Weighting of Top 10 87.69% 9.2% 100.0% 17.11%

Top 10 Holdings

  1. iShares 20+ Year Treasury Bond ETF 50.86%
  2. DX FLIGHT TO SAFETY CAYMAN 23.19%
  3. DX FLIGHT TO SAFETY CAYMAN 23.19%
  4. DX FLIGHT TO SAFETY CAYMAN 23.19%
  5. DX FLIGHT TO SAFETY CAYMAN 23.19%
  6. DX FLIGHT TO SAFETY CAYMAN 23.19%
  7. DX FLIGHT TO SAFETY CAYMAN 23.19%
  8. DX FLIGHT TO SAFETY CAYMAN 23.19%
  9. DX FLIGHT TO SAFETY CAYMAN 23.19%
  10. DX FLIGHT TO SAFETY CAYMAN 23.19%

Asset Allocation

Weighting Return Low Return High FLYT % Rank
Bonds
50.67% 0.00% 333.36% 51.07%
Stocks
26.81% 7.56% 211.56% 97.70%
Other
19.90% -9.78% 94.18% 1.69%
Cash
2.62% -539.12% 41.99% 59.82%
Preferred Stocks
0.00% -0.97% 33.65% 93.71%
Convertible Bonds
0.00% 0.00% 64.49% 98.31%

Stock Sector Breakdown

Weighting Return Low Return High FLYT % Rank
Utilities
100.00% 0.00% 100.00% 0.15%
Technology
0.00% 0.00% 41.30% 100.00%
Real Estate
0.00% 0.00% 44.34% 99.23%
Industrials
0.00% 0.00% 32.22% 100.00%
Healthcare
0.00% 0.00% 34.71% 100.00%
Financial Services
0.00% 0.00% 41.66% 100.00%
Energy
0.00% 0.00% 60.62% 99.54%
Communication Services
0.00% 0.00% 48.14% 99.85%
Consumer Defense
0.00% 0.00% 23.24% 99.54%
Consumer Cyclical
0.00% 0.00% 42.64% 99.69%
Basic Materials
0.00% 0.00% 23.76% 99.85%

Stock Geographic Breakdown

Weighting Return Low Return High FLYT % Rank
US
26.81% 3.94% 95.97% 65.95%
Non US
0.00% 0.00% 115.59% 99.69%

Bond Sector Breakdown

Weighting Return Low Return High FLYT % Rank
Government
95.06% 0.00% 95.06% 0.15%
Cash & Equivalents
4.94% 0.00% 75.85% 71.17%
Derivative
0.00% 0.00% 25.22% 86.20%
Securitized
0.00% 0.00% 48.43% 96.17%
Corporate
0.00% 0.00% 99.76% 99.54%
Municipal
0.00% 0.00% 100.00% 91.87%

Bond Geographic Breakdown

Weighting Return Low Return High FLYT % Rank
US
50.67% 0.00% 333.36% 17.18%
Non US
0.00% -13.95% 35.68% 97.39%

FLYT - Expenses

Operational Fees

FLYT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.37% 0.09% 4.29% 94.36%
Management Fee 0.25% 0.00% 1.39% 48.94%
12b-1 Fee 0.00% 0.00% 1.00% 7.42%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

FLYT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FLYT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

FLYT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 33.00% 0.00% 395.00% 33.33%

FLYT - Distributions

Dividend Yield Analysis

FLYT Category Low Category High FLYT % Rank
Dividend Yield 3.54% 0.00% 2.55% 13.15%

Dividend Distribution Analysis

FLYT Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Monthly

Net Income Ratio Analysis

FLYT Category Low Category High FLYT % Rank
Net Income Ratio 1.37% -0.55% 6.42% 76.24%

Capital Gain Distribution Analysis

FLYT Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Dividend Payout History

View More +

FLYT - Fund Manager Analysis

Managers

Tony Ng


Start Date

Tenure

Tenure Rank

Feb 05, 2020

1.57

1.6%

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

Feb 05, 2020

1.57

1.6%

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
0.07 27.98 6.24 1.67