Direxion FundsLeveraged EquityDFEN · NYSE Arca

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

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Price: $47.86; —30 Oct 2026
Assets: $282.1M; Total net assets
Expense ratio: 0.96%; Category 0.00%
Yield: 0.13%; Trailing distributions

1Y return: -28.1%-15.5%; Category -12.6%
3Y CAGR: 57.4%+26.0%; Category 31.4%
5Y CAGR: 24.7%+22.0%; Category 2.8%

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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	+1.6%	-36.5%	-19.4%	-25.0%	-28.1%	+57.4%	+24.7%	—	+10.7%
Leveraged Equity average	-23.8%	-14.7%	-17.9%	-7.1%	-12.6%	31.4%	2.8%	9.4%	-20.3%
Difference	+25.4%	-21.8%	-1.5%	-17.9%	-15.5%	+26.0%	+22.0%	—	+31.0%

Holdings

The 3 largest positions make up 10.3% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
GE	GE Aerospace	4.83%
RTX	RTX Corp	3.73%
BA	Boeing Co	1.73%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 31.9
P/B: 5.9
P/S: 3.0
P/CF: 21.8

Sector allocation

Share of the equity the fund holds.

Industrials100.0%

Asset mix

Other67.2%
Stocks23.0%
Cash9.8%

ETF details

Issuer: Direxion Funds
Category: Equity · Leveraged Equity
Ticker: DFEN
Exchange: NYSE Arca
Inception: 3 May 2017 (9.5 years)
Structure: Exchange Traded Fund
Expense ratio: 0.96% (category 0.00%)
Holdings turnover: 90%
Distribution yield: 0.13%
Beta, 3 years: 2.54
Total net assets: $282.1M

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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