| Fund Description |
| The Direxion Daily TIPS Bear 2X Shares seek daily investment results, before fees and expenses, of inverse 200% of the performance of the Solactive TIPS ETF Index. Solactive TIPS ETF Index (SOLTIPET) provides exposure to the iShares TIPS Bond ETF (the "iShares ETF"), which seeks to track the investment results of an index composed of inflation-protected U.S Treasury bonds, commonly known as "TIPS". TIPS are securities issued by the U.S. Treasury that are designed to provide inflation protection to investors. |
| Fund Profile |
| Fund Name |
Direxion Daily TIPS Bear Shares |
| Fund Exchange Ticker |
TIPD |
| Fund Sponsor |
Direxion Shares |
| Fund ISIN |
US25460G2949 |
| Net Expense Ratio |
0.95 % |
| Fund Inception Date |
5 April 2022 |
| Fund Legal Structure |
ETF (Open end fund) |
| Exchange |
NYSE Arca |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
Leveraged / Inverse |
| Asset Class |
Bonds |
| Index Linked |
Passive |
| Index Name |
Solactive TIPS ETF Index |
| Index Provider |
Solactive AG |
| Currency Hedged |
No |
| Inverse / Leveraged |
Inverse (-2x) |
| Developed / Emerging |
Developed Market Funds |
| Bond Type |
Inflation protected |
| Credit Quality |
Investment Grade Only |
| Average Maturity |
Fund Holds All Maturity Ranges |
| Bond Currency Denomination |
USD |
| Key Statistics |
| Return As of Date |
23 June 2022 |
| Asset Under Management |
7.98 Million (USD) |
| 1 Month Total Return |
3.71 % |
| Year To Date Return |
6.23 % |
| 1 Year Total Return |
|
| 3 Year Annualized Total Return |
|
| NAV |
26.604 |
| Share Outstanding |
300,001 |