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Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

Direxion Daily Communication Services Index Bear 3X Shares

MUTE | Fund

-

$2.75 M

0.00%

-

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$2.75 M

Holdings in Top 10

90.1%

52 WEEK LOW AND HIGH

$0.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio N/A

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 0.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

Direxion Daily Communication Services Index Bear 3X Shares

MUTE | Fund

-

$2.75 M

0.00%

-

MUTE - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.34%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Direxion Daily Communication Services Index Bear 3X Shares
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Jan 14, 2019
  • Shares Outstanding
    54988
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Tony Ng

Fund Description

MUTE - Performance

Return Ranking - Trailing

Period MUTE Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -52.9% 764.6% 9.09%
1 Yr N/A -78.3% 690.5% 86.05%
3 Yr N/A* -91.2% 68.1% N/A
5 Yr N/A* -71.9% 30.3% N/A
10 Yr N/A* -68.1% 2.7% N/A

* Annualized

Return Ranking - Calendar

Period MUTE Return Category Return Low Category Return High Rank in Category (%)
2022 N/A -91.3% 117.2% N/A
2021 N/A -100.0% 39.6% N/A
2020 N/A -78.2% 102.0% N/A
2019 N/A -36.6% 351.8% N/A
2018 N/A -11.7% 8.4% N/A

Total Return Ranking - Trailing

Period MUTE Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -75.6% 764.6% 81.82%
1 Yr N/A -78.3% 690.5% 83.72%
3 Yr N/A* -91.2% 68.1% N/A
5 Yr N/A* -71.9% 30.3% N/A
10 Yr N/A* -68.1% 2.7% N/A

* Annualized

Total Return Ranking - Calendar

Period MUTE Return Category Return Low Category Return High Rank in Category (%)
2022 N/A -91.3% 117.2% N/A
2021 N/A -100.0% 39.6% N/A
2020 N/A -78.2% 102.0% N/A
2019 N/A -36.6% 30.0% N/A
2018 N/A -11.7% 8.4% N/A

NAV & Total Return History

MUTE - Holdings

Concentration Analysis

MUTE Category Low Category High MUTE % Rank
Net Assets 2.75 M 304 K 2.47 B 81.82%
Number of Holdings 8 3 602 74.13%
Net Assets in Top 10 514 K -7.43 B 447 M 59.44%
Weighting of Top 10 90.06% 7.7% 100.0% 30.77%

Top 10 Holdings

  1. Goldman Sachs FS Treasury Intms Instl 70.36%
  2. Dreyfus Government Cash Mgmt Instl 16.88%
  3. Future on Communication Services Sel Sect NR USD Dec49 2.01%
  4. Future on Communication Services Sel Sect NR USD Dec49 2.01%
  5. Future on Communication Services Sel Sect NR USD Dec49 2.01%
  6. Future on Communication Services Sel Sect NR USD Dec49 2.01%
  7. Future on Communication Services Sel Sect NR USD Dec49 2.01%
  8. Future on Communication Services Sel Sect NR USD Dec49 2.01%
  9. Future on Communication Services Sel Sect NR USD Dec49 2.01%
  10. Future on Communication Services Sel Sect NR USD Dec49 2.01%

Asset Allocation

Weighting Return Low Return High MUTE % Rank
Cash 		102.59% -114.39% 361.39% 62.94%
Preferred Stocks 		0.00% 0.00% 0.00% 64.34%
Other 		0.00% -207.14% 100.00% 59.44%
Convertible Bonds 		0.00% 0.00% 2.47% 69.23%
Bonds 		0.00% -95.77% 114.58% 72.03%
Stocks 		-2.59% -300.04% 200.58% 49.65%

MUTE - Expenses

Operational Fees

MUTE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.49% 5.20% 11.69%
Management Fee 0.75% 0.35% 1.50% 41.67%
12b-1 Fee 0.00% 0.00% 1.00% 32.94%
Administrative Fee N/A 0.03% 0.45% N/A

Sales Fees

MUTE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.75% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

MUTE 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.

MUTE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 459.00% 34.38%

MUTE - Distributions

Dividend Yield Analysis

MUTE Category Low Category High MUTE % Rank
Dividend Yield 0.00% 0.00% 1.59% 79.86%

Dividend Distribution Analysis

MUTE Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

MUTE Category Low Category High MUTE % Rank
Net Income Ratio 1.34% -7.24% 3.75% 6.40%

Capital Gain Distribution Analysis

MUTE Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

MUTE - Fund Manager Analysis

Managers

Tony Ng

Start Date

Tenure

Tenure Rank

Jan 14, 2019

1.71

1.7%

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

Jan 14, 2019

1.71

1.7%

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
0.16 23.76 9.07 14.22

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