DYHG - Direxion Dynamic Hedge ETF
| Assets | $5.83M |
| NAV | $58.31 |
| Expense Ratio | 0.58% |
| PE Ratio | 27.93 |
| Beta (5Y) | 0.81 |
| Dividend (ttm) | $0.47 |
| Dividend Yield | 0.80% |
| Ex-Dividend Date | Jun 22, 2021 |
| 1-Year Return | - |
| Trading Day | July 29 |
| Last Price | $58.35 |
| Previous Close | $58.16 |
| Change ($) | 0.19 |
| Change (%) | 0.33% |
| Day's Open | - |
| Day's Range | 57.76 - 58.35 |
| Day's Volume | 48 |
| 52-Week Range | 47.93 - 58.38 |
Fund Description
The investment seeks investment results, before fees and expenses, that track the Salt truVolTM US Large Cap Dynamic Hedge Index. The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index, which may include shares of exchange-traded funds. The index is designed to adjust net exposure to the S&P 500® Index in an attempt to capitalize on the inverse relationship between volatility and the returns of the S&P 500® Index. It is non-diversified.
| Asset Class Equity | Inception Date Jun 11, 2020 |
| Exchange NYSEARCA | Ticker Symbol DYHG |
| Index Tracked Salt truVol US Large Cap Dynamic Hedge Index | |
Top 10 Holdings
122.13% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core S&P 500 ETF | IVV | 95.49% |
| BANK OF NEW YORK CASH RESERVE | n/a | 29.28% |
| S&P 500 INDEX SWAP | n/a | 1.14% |
| S&P500 EMINI FUT Sep21 | ESU1 | -3.78% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 22, 2021 | $0.199 | Jun 29, 2021 |
| Dec 22, 2020 | $0.267 | Dec 30, 2020 |
| Jun 23, 2020 | $0.171 | Jun 30, 2020 |
ETFs that pare exposure offer shelter when markets get rocky, but history shows this protection comes at a cost.
Direxion's new fund leverages growth, quality and momentum factors to give investors a high-growth offering that attempts to limit market downside.