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Trending ETFs

Name

As of 07/12/2024

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

$55.59

$26.4 M

1.02%

$0.57

0.45%

Vitals

YTD Return

2.3%

1 yr return

10.6%

3 Yr Avg Return

-8.7%

5 Yr Avg Return

N/A

Net Assets

$26.4 M

Holdings in Top 10

28.3%

52 WEEK LOW AND HIGH

$55.0
$44.09
$58.60

Expenses

OPERATING FEES

Expense Ratio 0.45%

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 07/12/2024

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

$55.59

$26.4 M

1.02%

$0.57

0.45%

WFH - Profile

Distributions

  • YTD Total Return 2.3%
  • 3 Yr Annualized Total Return -8.7%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.31%
DIVIDENDS
  • Dividend Yield 1.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Direxion Work From Home ETF
  • Fund Family Name
    Direxion Shares ETF Trust
  • Inception Date
    Jun 25, 2020
  • Shares Outstanding
    1050001
  • 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 is comprised of approximately 40 companies that provide products and services in one of the following industries that facilitate the ability of people to work from home: remote communications, cyber security, online project and document management, and cloud computing technologies (“WFH Industries”). Solactive AG (the “Index Provider”) begins with a universe that includes companies that are primarily listed in the United States or listed as an American Depository Receipt in the United States and have an average daily trading value of $5 million during the prior six months. Companies are selected for inclusion in the Index by the Index Provider, using ARTIS®, the Index Provider’s proprietary natural language processing algorithm. ARTIS uses key words to review large volumes of publicly available data, such as company annual reports, published business descriptions, and financial news reports, which the Index Provider believes will identify and classify companies as being in the WFH Industries and then ranks the companies within each WFH Industry based on the number of key word “hits” in the company’s data. The ARTIS classification system is different than traditional classification systems because it utilizes natural language processing, such as key word searching, whereas traditional classifications system utilize backward looking metrics, such as a company’s past profits or revenue, to determine the classification of a company. The Index’s use of natural language processing may result in the Index including companies that broadly offer communication services, infrastructure and/or technology products and services which may not typically be classified as a company in a WFH Industry.The Index consists of at least the top 10 ranked companies in each of the four WFH Industries. If a company is ranked in more than one WFH Industry, it is included in the Index only once. The Index is equal weighted at each semi-annual reconstitution and rebalance date.As of December 29, 2023, the Index was comprised of 39 constituents, which had a median total market capitalization of $266.3 billion, total market capitalizations ranging from $13.5 million to $3 trillion, and was concentrated in the information technology sector.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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WFH - Performance

Return Ranking - Trailing

Period WFH Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% -22.2% 56.9% 91.86%
1 Yr 10.6% -26.5% 76.0% 87.33%
3 Yr -8.7%* -36.6% 32.2% 88.48%
5 Yr N/A* -11.9% 38.5% 62.21%
10 Yr N/A* 1.6% 28.6% 76.63%

* Annualized

Return Ranking - Calendar

Period WFH Return Category Return Low Category Return High Rank in Category (%)
2023 34.8% -5.6% 96.9% 70.91%
2022 -45.5% -73.9% -16.4% 76.96%
2021 9.9% -44.6% 51.5% 41.20%
2020 N/A 5.5% 154.1% N/A
2019 N/A -3.0% 63.7% N/A

Total Return Ranking - Trailing

Period WFH Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% -22.2% 56.9% 91.86%
1 Yr 10.6% -26.5% 76.0% 87.33%
3 Yr -8.7%* -36.6% 32.2% 88.48%
5 Yr N/A* -11.9% 38.5% N/A
10 Yr N/A* 1.6% 28.6% N/A

* Annualized

Total Return Ranking - Calendar

Period WFH Return Category Return Low Category Return High Rank in Category (%)
2023 35.7% -2.3% 96.9% 77.73%
2022 -45.3% -67.5% -5.9% 88.48%
2021 10.7% -17.8% 59.2% 74.54%
2020 N/A 17.5% 157.5% N/A
2019 N/A 7.5% 66.9% N/A

WFH - Holdings

Concentration Analysis

WFH Category Low Category High WFH % Rank
Net Assets 26.4 M 4.67 M 81.2 B 93.24%
Number of Holdings 41 10 316 72.52%
Net Assets in Top 10 7.4 M 1.52 M 49.3 B 97.30%
Weighting of Top 10 28.27% 11.7% 100.0% 93.24%

Top 10 Holdings

  1. Alphabet Inc. CAP STK USD0.001 CL A 3.34%
  2. TD SYNNEX CORP 3.01%
  3. Docusign Inc COM USD0.0001 2.91%
  4. Palo Alto Networks Inc COM USD0.0001 2.81%
  5. JOYY INC-ADR 2.75%
  6. Oracle Corporation COM USD0.01 2.73%
  7. Amazon.com, Inc. COM USD0.01 2.72%
  8. AMERICA MOVIL SAB DE CV 2.68%
  9. HUBSPOT INC 2.67%
  10. VERIZON COMMUNICATIONS INC 2.66%

Asset Allocation

Weighting Return Low Return High WFH % Rank
Stocks
99.55% 0.00% 100.11% 31.08%
Cash
0.45% 0.00% 26.97% 75.68%
Preferred Stocks
0.00% 0.00% 7.58% 43.24%
Other
0.00% -0.01% 26.87% 48.65%
Convertible Bonds
0.00% 0.00% 0.40% 29.73%
Bonds
0.00% 0.00% 89.65% 33.33%

Stock Sector Breakdown

Weighting Return Low Return High WFH % Rank
Technology
79.83% 2.80% 100.00% 29.28%
Communication Services
14.67% 0.00% 97.05% 16.22%
Consumer Cyclical
5.51% 0.00% 32.97% 55.86%
Utilities
0.00% 0.00% 5.17% 28.38%
Real Estate
0.00% 0.00% 15.05% 45.95%
Industrials
0.00% 0.00% 38.68% 77.03%
Healthcare
0.00% 0.00% 25.57% 67.57%
Financial Services
0.00% 0.00% 38.36% 80.18%
Energy
0.00% 0.00% 1.24% 27.48%
Consumer Defense
0.00% 0.00% 5.64% 36.04%
Basic Materials
0.00% 0.00% 2.38% 34.23%

Stock Geographic Breakdown

Weighting Return Low Return High WFH % Rank
US
99.55% 0.00% 100.11% 20.27%
Non US
0.00% 0.00% 59.84% 64.86%

WFH - Expenses

Operational Fees

WFH Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% 0.08% 5.04% 89.59%
Management Fee 0.40% 0.03% 1.95% 7.66%
12b-1 Fee 0.00% 0.00% 1.00% 9.84%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

WFH Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

WFH 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.

WFH Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.69% 281.00% 40.76%

WFH - Distributions

Dividend Yield Analysis

WFH Category Low Category High WFH % Rank
Dividend Yield 1.02% 0.00% 7.82% 12.16%

Dividend Distribution Analysis

WFH Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

WFH Category Low Category High WFH % Rank
Net Income Ratio 0.31% -2.30% 2.08% 12.39%

Capital Gain Distribution Analysis

WFH Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

WFH - Fund Manager Analysis

Managers

Tony Ng


Start Date

Tenure

Tenure Rank

Jun 25, 2020

1.93

1.9%

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 25, 2020

1.93

1.9%

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 8.25 1.41