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Trending ETFs

Name

As of 05/20/2024

Price

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

$10.15

$27.5 M

1.37%

$0.14

0.65%

Vitals

YTD Return

-10.4%

1 yr return

-5.7%

3 Yr Avg Return

-32.1%

5 Yr Avg Return

N/A

Net Assets

$27.5 M

Holdings in Top 10

53.8%

52 WEEK LOW AND HIGH

$10.2
$8.63
$14.95

Expenses

OPERATING FEES

Expense Ratio 0.65%

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 05/20/2024

Price

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

$10.15

$27.5 M

1.37%

$0.14

0.65%

MOON - Profile

Distributions

  • YTD Total Return -10.4%
  • 3 Yr Annualized Total Return -32.1%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Direxion Moonshot Innovators ETF
  • Fund Family Name
    Direxion Shares ETF Trust
  • Inception Date
    Nov 12, 2020
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Tony Ng

Fund Description

The Fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the Index or investments with economic characteristics similar to the securities included in the Index (i.e., derivative instruments, including swap agreements or futures contracts).The Index measures the performance of the securities of 50 U.S. companies that pursue innovative technologies that have the potential to disrupt existing technologies and/or industries (i.e., moonshot innovators). S&P Dow Jones Indices LLC (the “Index Provider”) begins by identifying all companies that are included in at least one S&P Kensho New Economy index or in the Wireless Telecommunication or Internet Services & Infrastructure Global Industry Classification Standard (“GICS”) sub-industries and have minimum float adjusted market capitalization of $100 million, three month average daily trading volume of $1 million and reported positive research & development and revenue figures in the latest company-issued reports or filings. The Index Provider then selects the 50 companies that it determines have the highest “early-stage composite innovation scores.”The Index Provider determines the early stage composite innovation score based on a company’s “innovation sentiment” score and an “allocation to innovation” score. A company’s innovation sentiment score is based off a natural language processing review of the company’s latest annual regulatory filing for the use of words and phrases that are related to innovation. Natural language processing uses metrics other than financial ratios to determine the innovation sentiment score. The Index includes companies that utilize a greater than average variety of innovation terms. Examples of these terms include “cutting-edge,” “experimental,” and “trailblazing.” A company’s allocation to innovation score is a ranking based on the ratio of its research and development expenses to revenue as compared to other companies in the same GICS industry group. The Index is modified equal-weighted, reconstituted annually, and rebalanced semi-annually.As of December 29, 2023, the Index was comprised of 50 constituents, which had a median total market capitalization of $981.8 million, total market capitalizations ranging from $132 million to $33.4 billion and were concentrated in the information technology and healthcare sectors.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 uses a “passive” or indexing approach to attempt to achieve its investment objective. Although the Fund intends to fully replicate the Index, at times the Fund may hold a representative sample of the securities in the Index that have aggregate characteristics similar to those of the Index. This means the Fund may not hold all of the securities included in the Index, its weighting of investment exposure to such securities or industries may be different from that of the Index and it may hold securities that are not included in the Index. The Fund will rebalance its portfolio when the Index rebalances. The Fund may lend securities representing up to one-third of the value of the Fund’s total assets (including the value of the collateral received).The Fund is “non-diversified,” meaning that a relatively high percentage of its assets may be invested in a limited number of issuers of securities. 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.
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MOON - Performance

Return Ranking - Trailing

Period MOON Return Category Return Low Category Return High Rank in Category (%)
YTD -10.4% -38.5% 31.2% 97.82%
1 Yr -5.7% -67.1% 39.2% 98.83%
3 Yr -32.1%* -40.8% 30.6% N/A
5 Yr N/A* -33.3% 22.3% N/A
10 Yr N/A* -16.3% 23.9% N/A

* Annualized

Return Ranking - Calendar

Period MOON Return Category Return Low Category Return High Rank in Category (%)
2023 8.3% -73.9% 35.7% 7.41%
2022 -61.1% -25.6% 73.1% N/A
2021 -15.1% -97.5% 60.0% N/A
2020 N/A -24.7% 44.9% N/A
2019 N/A -22.9% 38.5% N/A

Total Return Ranking - Trailing

Period MOON Return Category Return Low Category Return High Rank in Category (%)
YTD -10.4% -75.9% 954.2% 98.91%
1 Yr -5.7% -67.1% 66.6% 98.91%
3 Yr -32.1%* -40.8% 30.6% N/A
5 Yr N/A* -33.3% 30.0% N/A
10 Yr N/A* -16.3% 23.9% N/A

* Annualized

Total Return Ranking - Calendar

Period MOON Return Category Return Low Category Return High Rank in Category (%)
2023 9.9% -73.9% 35.7% 7.41%
2022 -61.1% -25.6% 73.1% N/A
2021 -13.8% -97.5% 60.0% N/A
2020 N/A -24.7% 44.9% N/A
2019 N/A -22.9% 43.6% N/A

MOON - Holdings

Concentration Analysis

MOON Category Low Category High MOON % Rank
Net Assets 27.5 M 863 K 50.4 B 71.78%
Number of Holdings 51 1 470 54.98%
Net Assets in Top 10 13.3 M 0 30.3 B 70.42%
Weighting of Top 10 53.75% 7.6% 100.0% 82.26%

Top 10 Holdings

  1. DREYFUS GOV'T CASH MGMT -INSTITUTIONAL CUSIP 262006208 DGCXX (#289) 27.12%
  2. Avidity Biosciences Inc. COM 3.51%
  3. RUMBLE INC 3.40%
  4. Allogene Therapeutics Inc COM USD0.001 3.13%
  5. Recursion Pharmaceuticals Inc CL A 2.89%
  6. COUCHBASE INC 2.86%
  7. 4D Molecular Therapeutics Inc COM 2.76%
  8. Aurora Innovation Inc CLASS A COM 2.76%
  9. Fastly Incorporation COM USD0.00002 CL A 2.70%
  10. SentinelOne Inc CL A 2.62%

Asset Allocation

Weighting Return Low Return High MOON % Rank
Stocks
99.94% 0.00% 100.53% 45.34%
Cash
27.12% -0.53% 100.00% 52.41%
Preferred Stocks
0.00% 0.00% 2.84% 61.74%
Other
0.00% -1.08% 26.87% 63.67%
Convertible Bonds
0.00% 0.00% 0.40% 60.13%
Bonds
0.00% 0.00% 4.72% 61.41%

Stock Sector Breakdown

Weighting Return Low Return High MOON % Rank
Utilities
0.00% 0.00% 6.27% 60.65%
Technology
0.00% 2.80% 100.00% 79.35%
Real Estate
0.00% 0.00% 15.05% 69.35%
Industrials
0.00% 0.00% 53.73% 6.13%
Healthcare
0.00% 0.00% 43.58% 7.10%
Financial Services
0.00% 0.00% 52.54% 62.26%
Energy
0.00% 0.00% 7.96% 60.65%
Communication Services
0.00% 0.00% 97.05% 73.87%
Consumer Defense
0.00% 0.00% 5.64% 65.81%
Consumer Cyclical
0.00% 0.00% 51.15% 24.19%
Basic Materials
0.00% 0.00% 36.08% 63.87%

Stock Geographic Breakdown

Weighting Return Low Return High MOON % Rank
US
99.94% 0.00% 100.53% 67.52%
Non US
0.00% 0.00% 99.27% 26.05%

MOON - Expenses

Operational Fees

MOON Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.65% 0.08% 2.97% 64.63%
Management Fee 0.60% 0.00% 1.95% 34.38%
12b-1 Fee N/A 0.00% 1.00% 27.21%
Administrative Fee N/A 0.02% 0.50% N/A

Sales Fees

MOON 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% 4.00% N/A

Trading Fees

MOON 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.

MOON Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 281.00% N/A

MOON - Distributions

Dividend Yield Analysis

MOON Category Low Category High MOON % Rank
Dividend Yield 1.37% 0.00% 42.10% 0.64%

Dividend Distribution Analysis

MOON Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

MOON Category Low Category High MOON % Rank
Net Income Ratio N/A -2.30% 2.08% 5.04%

Capital Gain Distribution Analysis

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

Distributions History

View More +

MOON - Fund Manager Analysis

Managers

Tony Ng


Start Date

Tenure

Tenure Rank

Nov 11, 2020

1.55

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

Nov 11, 2020

1.55

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
0.04 32.43 7.88 2.12