TIPL

Fund Description
The Direxion Daily TIPS Bull 2X Shares seek daily investment results, before fees and expenses, of 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 Bull Shares
Fund Exchange Ticker TIPL
Fund Sponsor Direxion Shares
Fund ISIN US25460G3103
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 Leveraged (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 28 June 2022
Asset Under Management 7.88 Million (USD)
1 Month Total Return -8.27 %
Year To Date Return -9.73 %
1 Year Total Return
3 Year Annualized Total Return
NAV 22.5019
Share Outstanding 350,001
Top 10 Holdings (28 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
ISHARES TIPS BOND ETF SWAP SWAP 0.5388640467
ISHARES TIPS BOND ETF TIP ETF 0.3285968087
DREYFUS GOVT CASH MGMT MMKT 0.0900165064
DREYFUS GOVT CASH MGMT MMKT 0.0286374567
DREYFUS GOVT CASH MGMT MMKT 0.0138851815