Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN)
| Assets | $166.42M |
| Expense Ratio | 0.97% |
| PE Ratio | 28.04 |
| Shares Out | n/a |
| Dividend (ttm) | $0.22 |
| Dividend Yield | 1.03% |
| Ex-Dividend Date | Sep 19, 2023 |
| Payout Ratio | 28.83% |
| 1-Year Return | +6.95% |
| Volume | 460,433 |
| Open | 20.93 |
| Previous Close | 20.97 |
| Day's Range | 20.91 - 21.77 |
| 52-Week Low | 13.31 |
| 52-Week High | 22.85 |
| Beta | n/a |
| Holdings | 40 |
| Inception Date | May 3, 2017 |
About DFEN
Fund Home PageThe Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) is an exchange-traded fund that is based on the DJ US Select / Aerospace & Defense index. The fund provides 3x leveraged exposure to a market-cap- weighted index of US aerospace and defense companies. DFEN was launched on May 3, 2017 and is issued by Direxion.
Top 10 Holdings
295.18% of assets| Name | Symbol | Weight |
|---|---|---|
| DOW JONES U.S SELECT AERO DEF INDEX SWAP | n/a | 96.18% |
| DOW JONES U.S SELECT AERO DEF INDEX SWAP | n/a | 95.41% |
| DOW JONES U.S SELECT AERO DEF INDEX SWAP | n/a | 32.04% |
| DREYFUS GOVT CASH MAN INS | n/a | 23.39% |
| The Boeing Company | BA | 12.51% |
| RTX Corp | RTX | 11.30% |
| DOW JONES U.S SELECT AERO DEF INDEX SWAP | n/a | 10.33% |
| GOLDMAN SACHS FIN GOV 465 INSTITUT | n/a | 5.82% |
| Lockheed Martin Corporation | LMT | 5.01% |
| General Dynamics Corporation | GD | 3.18% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 19, 2023 | $0.06065 | Sep 26, 2023 |
| Jun 21, 2023 | $0.066 | Jun 28, 2023 |
| Mar 21, 2023 | $0.04543 | Mar 28, 2023 |
| Dec 20, 2022 | $0.05093 | Dec 28, 2022 |
| Sep 20, 2022 | $0.03998 | Sep 27, 2022 |
| Dec 21, 2021 | $0.00167 | Dec 29, 2021 |
News
Increased Defense Spending Could Lift DFEN
When the federal government is willing to open its expansive wallet to spend on defense, it could be beneficial to the Direxion Daily Aerospace & Defense Bull 3X Shares ETF (DFEN). 2024 is slated to b...
Government Funding Will Be Beneficial to Leveraged A&D ETF
A government budget that's friendly toward aerospace and defense (A&D) can prove beneficial to the industry. As such, traders may want to consider the Direxion Daily Aerospace & Defense Bull 3X Shares...
Take Advantage of U.S. Defense Spending in 2023 With This ETF
After inflation and rising interest rates caused some penny-pinching in 2022, this year could be different for various sectors, including the aerospace and defense (A&D) sector. Government subsidies, ...
M&A Activity Rose for Aerospace, Defense in 2022 Despite Headwinds
Last year, economic headwinds may have forced many sectors to tighten their fiscal belts on mergers and acquisitions, but certain sectors prospered despite less growth amid rising inflation. One of th...
Top Performing Leveraged/Inverse ETFs: 10/23/2022
Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Aerospace and Defense Industry Should Be Able to Weather Recession
Recession expectations continue to percolate in the capital markets, making investors wonder where safe haven sectors can exist to protect their capital. From a trader's standpoint, identifying these ...
Innovation Can Continue to Propel This Aerospace and Defense ETF Higher
Russia's invasion of Ukraine was a reminder to the world about the threat of war. More and more, wars are a matter of who has the best technology at their disposal, and innovation is key in associated...
As Geopolitical Risks Continue, Get Thrice the Exposure to Defense
The S&P 500 Aerospace & Defense index is up 12% for the year with Russia's invasion of Ukraine giving the index a shot in the arm. As geopolitical risks continue, traders can continue to ride the aero...
This Aerospace and Defense ETF Rose 20% in the Last 5 Days
Russia's invasion of Ukraine is re-focusing the world on the importance of aerospace and defense. As such, the Direxion Daily Aerospace & Defense 3X Shares ETF (DFEN) has risen 20% over the last five ...
Geopolitical Factors in Russia Could Sway These 3 ETFs
While the capital markets continue to grapple with inflation and the prospect of higher interest rates, tensions between Russia and Ukraine remain contentious. If tensions between Russia and Ukraine e...
Traders Can Look to the Defense Sector for Potential Opportunities
Growing geopolitical tensions around the globe should open up potential opportunities for traders, especially when it comes to the defense sector. “Tensions in areas around the world are beginning to ...
Air Travel Should Set This ETF Up for Gains
With the holidays upon us, travel is expected to reach fever pitch, making the Direxion Daily Aerospace & Defense 3X Shares ETF (DFEN) a prime opportunity for traders. With the economy on the mend aft...
$874 Billion in Revenue for Aerospace and Defense in 2020
Despite last year's pandemic, the aerospace and defense (A&D) industry recorded $874 billion in revenue, which is good news for traders and the Direxion Daily Aerospace & Defense 3X Shares ETF (DFEN)....
One ETF to Play as Defense Industry Looks To Bolster Its Data Sharing
There could be a data-sharing race as opposed to an arms race in the defense industry, which could put the Direxion Daily Aerospace & Defense 3X Shares ETF (DFEN) in play. We live in a world where inf...
Lever Up on Re-Opening with This Aerospace & Defense ETF
The re-opening economy is expected to see more air travel, which traders can leverage with assets like the Direxion Daily Aerospace & Defense 3X Shares ETF (DFEN). Midway through 2021, the ETF is alre...
Defense Spending Isn't Slowing. Target the Sector with Direxion's ‘DFEN'
ETF traders looking for short-term momentum plays may want to put the Direxion Daily Aerospace & Defense 3X Shares ETF (DFEN) on their watch lists. DFEN seeks daily investment results equal to 300% of...
Analyzing Strategic Portfolio DFEN(se) with this A&D ETF
A Joe Biden administration can help fuel the aerospace and defense (A&D) industry if the incoming president bolsters spending in this sector. More forecasted growth in the industry can only help fuel ...
ETF Implications for Biden's Defense Spending
With a new president comes potential changes, particularly when it comes to spending taxpayers' money. One of those budgetary decisions will involve defense spending, which could either help or hurt f...
Stock ETFs Close The Quarter With A Boom
After a tepid start to the session, stocks closed the day near their highs Tuesday, as equity indexes and stock ETFs finished one of their most solid quarterly runs in decades. Most sectors finished t...
Boeing Announces Layoffs But Aerospace ETFs Hold Their Ground
The airline industry has had a rough time lately, as the coronavirus pandemic has shuttered businesses for months and curtailed travel plans for many Americans. While many airline companies have done ...
Aerospace ETFs Advance Amid Optimism Around Air Travel And Boeing
The aerospace and defense sector is showing considerable gains Tuesday, as disease control pundits are examining pathways to safer air travel. While the sector has been beaten down recently, Boeing an...
Late March Saw Leveraged Aerospace & Defense ETF Surge 66%
The last full trading week of March capped off a contentious month as the coronavirus pandemic upended the markets with a fear-fueled equities sell-off. There were some winners that week and one of th...