WEBSDirexion Daily Dow Jones Internet Bear 3X Shares

Take a bet6y track recordRanked #460 of 995 in this goal

Seeks daily investment results of 300% of the inverse of the daily performance of the Index.

By Direxion Funds · Launched 2019

Annual Cost

1.07%

#5,550 of 6,040 · expensive

Fund Size

$7M

#5,151 of 6,040 · small

Return (1Y)

-18.7%

Track Record

6 years

#1,979 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$8,503-15.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Inverse

Index tracked

Dow Jones Internet Composite Index

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

GOLDMAN FINANCIAL

60.0%

DREYFUS GOVERNMENT CASH MANAGE

43.0%

N/A

8.0%

N/A

5.8%

N/A

1.1%

N/A

-3.2%

Asset allocation

Cash

111.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

62.1%High

Year-on-year price swings

Max drawdown

-99.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-0.73Below average

Sortino (3Y)

-1.03Moderate downside risk

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks daily investment results of 300% of the inverse of the daily performance of the Index.
Strategy: Invests in financial instruments, including swap agreements and futures contracts, to provide 3X daily inverse exposure to internet companies. Concentrates on companies generating significant revenue from the internet, spanning internet commerce and services sectors.
Inception date: November 7, 2019
Fund family: Direxion Funds