DZKDPK Daily Developed Markets Bull & Bear 3x Shares ETF

Overview

Overview

The Direxion Daily Developed Markets Bull & Bear 3X Shares ETFs seek daily investment results, before fees and expenses, of 300% or 300% of the inverse (or opposite) of the performance of the MSCI EAFE Index.  There is no guarantee that the funds will meet its stated investment objective.

These leveraged ETFs seek a return that is 300% or -300% of the return of their benchmark index for a single day. The funds should not be expected to provide three times the return of the benchmark’s cumulative return for periods greater than a day.

Fact Sheet  ETF Guide  Prospectus

Key Benefits

Key Benefits

You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.

Whether you’re a bull or a bear, Direxion Shares is with you. Our leveraged ETFs are powerful tools built to help you:

  • Magnify your short-term perspective with daily 3x leverage

  • Go where there’s opportunity, with bull and bear funds for both sides of the trade; and

  • Stay agile – with liquidity to trade through rapidly changing markets

Leveraged ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged investment results and intend to actively monitor and manage their investments. Leverage ETFs are not designed to track the underlying index over periods longer than one trading day.

Target Index

Target Index

The MSCI EAFE® Index is a free float-adjusted market capitalization index that is designed to measure developed market equity performance, excluding the U.S. and Canada. The Index consisted of 30 developed market country indices. The companies included in the index have an average market capitalization of more than $20.96 billion dollars and a median market capitalization of $9.76 billion dollars as of June 30, 2014. One cannot directly invest in an Index.

Index Sector Weightings (%)   
JAPAN 20.25   IRELAND 0.80
BRITAIN 18.62   NORWAY 0.72
FRANCE 9.89   ISRAEL 0.52
SWITZERLAND 9.66   LUXEMBOURG 0.39
GERMANY 9.22   AUSTRIA 0.27
AUSTRALIA 7.50   MACAU 0.20
NETHERLANDS 4.64   PORTUGAL 0.18
SPAIN 3.63   NEW ZEALAND 0.14
SWEDEN 3.00   BERMUDA 0.11
HONG KONG 2.67   GUERNSEY 0.06
ITALY 2.46   JERSEY 0.05
DENMARK 1.50   UNITED STATES 0.05
SINGAPORE 1.38   MEXICO 0.02
BELGIUM 1.22   CHINA 0.01
FINLAND 0.85      

Data as of 06/30/2014 is subject to change at any time. 

Daily Holdings

 

 

Fund Symbol DZK DPK
Daily Target 300% -300%
Intra-day Indicative Value DZK.IV DPK.IV
Bloomberg Index Symbol MXEA MXEA
CUSIP 25459W789 25459Y355
ISIN US25459W7891 US25459Y3559
Gross Expense Ratio 1.31% 1.94%
Net Expense Ratio 0.95%* 0.95%*
Inception Date Dec 17, 2008 Dec 17, 2008

Pricing and Performance

Price Information
NAVs and market price information as of September 19, 2014

Ticker Fund Name NAV NAV Change $ NAV Change % Market Price Closing Market Price Closing Change($) Market Price Closing Change(%) Premium / Discount
DZK Daily Developed Markets Bull 3X Shares 72.88 -0.78 -1.06 73.04 -0.64 -0.87 0.16
DPK Daily Developed Markets Bear 3X Shares 30.33 0.31 1.03 30.31 0.35 1.17 -0.02

Performance
NAVs and market price information as of September 19, 2014

All data as of 8/31/2014
Ticker Fund Name   1 Mo % 3 Mo % YTD 1 YR % 3 YR % 5 YR % 10 YR % Since Inception Inception Date Expense Ratio* (Gross/Net %)
DZK Daily Developed Markets Bull 3X Shares NAV 0.17 -5.61 1.59 48.36 21.78 8.76 12.29 1.31 / 0.95
Market Close 0.05 -5.97 1.05 47.47 21.63 8.73 12.27
DPK Daily Developed Markets Bear 3X Shares NAV -1.01 3.16 -11.20 -42.55 -41.30 -40.68 -47.79 1.94 / 0.95
Market Close -1.31 2.85 -11.16 -42.43 -41.35 -40.72 -47.80
All data as of 6/30/2014
Ticker Fund Name   1 Mo % 3 Mo % YTD 1 YR % 3 YR % 5 YR % 10 YR % Since Inception Inception Date Expense Ratio* (Gross/Net %)
DZK Daily Developed Markets Bull 3X Shares NAV 2.52 12.29 10.34 74.69 7.58 19.48 14.38 1.31 / 0.95
Market Close 2.50 12.14 10.15 75.77 7.44 19.63 14.44
DPK Daily Developed Markets Bear 3X Shares NAV -2.98 -12.93 -16.48 -51.59 -39.51 -46.68 -49.38 1.94 / 0.95
Market Close -2.79 -12.51 -16.03 -51.16 -39.42 -46.61 -49.35

* Rafferty Asset Management, LLC, the advisor to the Direxion Shares, has contractually agreed to waive all or a portion of its management fee and/or reimburse the Fund for other expenses through September 1, 2015, to the extent that the Fund’s Net Annual Operating Expenses exceed 0.95%.

The performance data quoted represents past performance; past performance does not guarantee future results; the investment return and principal value of an investment will fluctuate; an investor’s shares, when redeemed, may be worth more or less than their original cost; current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized.

Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus or summary prospectus. Index performance does not include any fees or expenses, are unmanaged and cannot be invested in directly.

Distributions

Ticker Fund Name Record Date Ex Date Pay Date Income Dividend Short-Term Capital Gain Long-Term Capital Gain
DZK Daily Developed Markets Bull 3X Shares 0.22008
DZK Daily Developed Markets Bull 3X Shares 0.27902
DZK Daily Developed Markets Bull 3X Shares 12
DZK Daily Developed Markets Bull 3X Shares 0.15724
DZK Daily Developed Markets Bull 3X Shares 0.13662 1.33333
DZK Daily Developed Markets Bull 3X Shares 0.29159 1.78286
DZK Daily Developed Markets Bull 3X Shares 0.14451 1.1341
DZK Daily Developed Markets Bull 3X Shares 2.91421
DZK Daily Developed Markets Bull 3X Shares 1.19603
DZK Daily Developed Markets Bull 3X Shares 0.4111
DZK Daily Developed Markets Bull 3X Shares 1.0072 1.1018
DZK Daily Developed Markets Bull 3X Shares 0.18911
DZK Daily Developed Markets Bull 3X Shares 0.10841 0.13903
DZK Daily Developed Markets Bull 3X Shares 0.07031
DZK Daily Developed Markets Bull 3X Shares 0.13276
DZK Daily Developed Markets Bull 3X Shares 0.09284 1.03793