Direxion FundsLeveraged EquityDFEN · NYSE Arca

Direxion Daily Aerospace & Defense Bull 3X ETF (DFEN)

Compare Leveraged & Inverse ETFs Compare with others

Price: $56.08; —11 Sept 2026
Assets: $335.2M; Total net assets
Expense ratio: 0.96%; Category 0.00%
Yield: 0.16%; Trailing distributions

1Y return: 3.3%-29.0%; Category 32.3%
3Y CAGR: 60.6%+35.3%; Category 25.3%
5Y CAGR: 29.9%+23.8%; Category 6.1%

Loading NAV history…

Direxion Daily Aerospace & Defense Bull 3X ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-35.3%	-22.3%	-24.2%	-12.1%	+3.3%	+60.6%	+29.9%	—	+12.8%
Leveraged Equity average	-3.1%	-7.2%	21.2%	13.2%	32.3%	25.3%	6.1%	9.5%	-5.3%
Difference	-32.1%	-15.1%	-45.4%	-25.4%	-29.0%	+35.3%	+23.8%	—	+18.0%

Holdings

The 2 largest positions make up 9.4% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
GE	GE Aerospace	5.24%
RTX	RTX Corp	4.18%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 34.7
P/B: 6.6
P/S: 3.2
P/CF: 24.2

Sector allocation

Share of the equity the fund holds.

Industrials100.0%

Asset mix

Other72.1%
Stocks24.2%
Cash3.7%

ETF details

Issuer: Direxion Funds
Category: Equity · Leveraged Equity
Ticker: DFEN
Exchange: NYSE Arca
Inception: 3 May 2017 (9.4 years)
Structure: Exchange Traded Fund
Expense ratio: 0.96% (category 0.00%)
Holdings turnover: 90%
Distribution yield: 0.16%
Beta, 3 years: 2.61
Total net assets: $335.2M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other leveraged equity ETFs

Other ETFs in the Leveraged Equity category.

Compare Leveraged & Inverse ETFs