1301
Avenue of the Americas (6th Avenue), 28th Floor |
New
York, New York 10019 |
(866)
476-7523 |
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees |
|
Other
Expenses of the Fund |
|
Acquired
Fund Fees and Expenses(1)
|
|
Total
Annual Fund Operating Expenses |
|
Expense
Cap/Reimbursement(2)
|
- |
Total
Annual Fund Operating Expenses After
Expense
Cap/Reimbursement |
|
1 Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
| ||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 Year |
5
Years |
Since
Inception
6/8/2016 |
Return
Before Taxes |
-23.68% |
-17.08% |
-16.61% |
Return
After Taxes on
Distributions |
-23.68% |
-17.31% |
-16.82% |
Return
After Taxes on
Distributions
and Sale of
Fund
Shares |
-14.02% |
-11.72% |
-11.24% |
S&P
500®
Index (reflects
no
deduction
for fees,
expenses
or taxes) |
28.71% |
18.47% |
17.93% |
Portfolio
Managers |
Years of
Service
with the
Fund |
Primary
Title |
Paul
Brigandi |
Since
Inception in
June
2016 |
Portfolio
Manager |
Tony
Ng |
Since
Inception in
June
2016 |
Portfolio
Manager |
Management
Fees |
|
Distribution
and/or Service (12b-1) Fees |
|
Other
Expenses of the Fund |
|
Acquired
Fund Fees and Expenses(1)
|
|
Total
Annual Fund Operating Expenses |
|
1 Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
| ||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 Year |
5
Years |
Since
Inception
6/17/2015 |
Return
Before Taxes |
-7.75% |
-16.83% |
-12.25% |
Return
After Taxes on
Distributions |
-7.75% |
-17.10% |
-12.47% |
Return
After Taxes on
Distributions
and Sale of
Fund
Shares |
-4.59% |
-11.58% |
-8.45% |
CSI
300 Index (reflects
no
deduction
for fees,
expenses
or taxes) |
-1.23% |
12.30% |
1.10% |
S&P
500®
Index (reflects
no
deduction
for fees,
expenses
or taxes) |
28.71% |
18.47% |
15.57% |
Portfolio
Managers |
Years of
Service
with the
Fund |
Primary
Title |
Paul
Brigandi |
Since
Inception in
June
2015 |
Portfolio
Manager |
Tony
Ng |
Since
September
2015 |
Portfolio
Manager |
Fund |
Underlying
Index |
Direxion
Daily S&P 500® Bear 1X
Shares |
S&P 500®
Index |
Direxion
Daily CSI 300 China A Shares Bear 1X shares |
CSI 300
Index |
Day |
Index
Value |
Index
Performance |
Value of
Fund A Investment |
|
$100.00 |
|
$100.00 |
1 |
$105.00 |
5.00% |
$105.00 |
2 |
$100.00 |
-4.76% |
$100.00 |
Day |
Index
Performance |
-100% of
Index Performance |
Value of
Fund B Investment |
|
|
|
$100.00 |
1 |
5.00% |
-5.00% |
$95.00 |
2 |
-4.76% |
4.76% |
$99.52 |
Volatility
Range |
Fund
Loss |
10% |
-1% |
20% |
-4% |
30% |
-9% |
40% |
-15% |
50% |
-22% |
60% |
-30% |
70% |
-39% |
80% |
-47% |
90% |
-55% |
100% |
-63% |
Index |
5-Year
Historical
Volatility
Rate |
CSI 300
Index |
20.76% |
S&P
500®
Index |
19.23% |
Index
Move |
Resulting
Exposure for a Fund |
-5% |
-90% |
-4% |
-92% |
-3% |
-94% |
-2% |
-96% |
-1% |
-98% |
0% |
-100% |
1% |
-102% |
2% |
-104% |
3% |
-106% |
4% |
-108% |
5% |
-110% |
Index |
Fund | |||||
|
Value |
Daily
Performance |
Cumulative
Performance |
NAV |
Daily
Performance |
Cumulative
Performance |
|
100 |
|
|
$100.00 |
|
|
Day
1 |
105 |
5.00% |
5.00% |
$95.00 |
-5.00% |
-5.00% |
Day
2 |
110 |
4.76% |
10.00% |
$90.47 |
-4.76% |
-9.53% |
Day
3 |
100 |
-9.09% |
0.00% |
$98.69 |
9.09% |
-1.31% |
Day
4 |
90 |
-10.00% |
-10.00% |
$108.55 |
10.00% |
8.55% |
Day
5 |
85 |
-5.56% |
-15.00% |
$114.58 |
5.56% |
14.58% |
Day
6 |
100 |
17.65% |
0.00% |
$94.35 |
-17.65% |
-5.65% |
Day
7 |
95 |
-5.00% |
-5.00% |
$99.06 |
5.00% |
-0.94% |
Day
8 |
100 |
5.26% |
0.00% |
$93.84 |
-5.26% |
-6.16% |
Day
9 |
105 |
5.00% |
5.00% |
$89.14 |
-5.00% |
-10.86% |
Day
10 |
100 |
-4.76% |
0.00% |
$93.38 |
4.76% |
-6.62% |
Index |
Fund | |||||
|
Value |
Daily
Performance |
Cumulative
Performance |
NAV |
Daily
Performance |
Cumulative
Performance |
|
100 |
|
|
$100.00 |
|
|
Day
1 |
102 |
2.00% |
2.00% |
$98.00 |
-2.00% |
-2.00% |
Day
2 |
104 |
1.96% |
4.00% |
$96.07 |
-1.96% |
-3.93% |
Day
3 |
106 |
1.92% |
6.00% |
$94.22 |
-1.92% |
-5.78% |
Day
4 |
108 |
1.89% |
8.00% |
$92.43 |
-1.89% |
-7.57% |
Day
5 |
110 |
1.85% |
10.00% |
$90.72 |
-1.85% |
-9.28% |
Day
6 |
112 |
1.82% |
12.00% |
$89.06 |
-1.82% |
-10.94% |
Day
7 |
114 |
1.79% |
14.00% |
$87.46 |
-1.79% |
-12.54% |
Day
8 |
116 |
1.75% |
16.00% |
$85.92 |
-1.75% |
-14.08% |
Day
9 |
118 |
1.72% |
18.00% |
$84.44 |
-1.72% |
-15.56% |
Day
10 |
120 |
1.69% |
20.00% |
$83.01 |
-1.69% |
-16.91% |
Index |
Fund | |||||
|
Value |
Daily
Performance |
Cumulative
Performance |
NAV |
Daily
Performance |
Cumulative
Performance |
|
100 |
|
|
$100.00 |
|
|
Day
1 |
98 |
-2.00% |
-2.00% |
$102.00 |
2.00% |
2.00% |
Day
2 |
96 |
-2.04% |
-4.00% |
$104.08 |
2.04% |
4.08% |
Day
3 |
94 |
-2.08% |
-6.00% |
$106.24 |
2.08% |
6.24% |
Day
4 |
92 |
-2.13% |
-8.00% |
$108.50 |
2.13% |
8.50% |
Day
5 |
90 |
-2.17% |
-10.00% |
$110.85 |
2.17% |
10.85% |
Day
6 |
88 |
-2.22% |
-12.00% |
$113.31 |
2.22% |
13.31% |
Day
7 |
86 |
-2.27% |
-14.00% |
$115.88 |
2.27% |
15.88% |
Day
8 |
84 |
-2.33% |
-16.00% |
$118.58 |
2.33% |
18.58% |
Day
9 |
82 |
-2.38% |
-18.00% |
$121.40 |
2.38% |
21.40% |
Day
10 |
80 |
-2.44% |
-20.00% |
$124.36 |
2.44% |
24.36% |
|
|
|
|
Direxion Daily S&P
500® Bear 1X
Shares |
Direxion Daily CSI 300 China A
Share Bear 1X
Shares |
Effects of
Compounding
and Market
Volatility Risk |
X |
X |
Derivatives
Risk |
X |
X |
Counterparty
Risk |
X |
X |
Rebalancing
Risk |
X |
X |
Shorting
Risk |
X |
X |
Cash
Transaction Risk |
X |
X |
Intra-Day
Investment Risk |
X |
X |
Daily
Inverse Index
Correlation
Risk |
X |
X |
Passive
Investment Risk |
X |
X |
Market
Risk |
X |
X |
Chinese
Securities Risk |
|
X |
Consumer
Staples Sector Risk |
|
X |
Emerging
Markets Risk |
|
X |
Financials
Sector Risk |
|
X |
Industrials
Sector Risk |
|
X |
Information
Technology Sector Risk |
X |
|
Large-Capitalization
Company Risk |
X |
X |
Mid-Capitalization
Company Risk |
X |
X |
Currency
Exchange Rate Risk |
|
X |
Foreign
Securities Risk |
|
X |
Geographic
Concentration Risk |
|
X |
International
Closed-Market Trading Risk |
|
X |
Index
Strategy Risk |
X |
X |
Liquidity
Risk |
X |
X |
Early
Close/Trading Halt Risk |
X |
X |
Equity
Securities Risk |
X |
X |
Money
Market Instrument Risk |
X |
X |
Other
Investment Companies (including ETFs) Risk |
X |
X |
Non-Diversification
Risk |
X |
X |
Securities
Lending Risk |
X |
X |
Special
Risks of Exchange-Traded Funds |
X |
X |
Special
Risk Considerations Relating
to Stock
Connect Program and
Special
Risk Considerations Relating to
RQFII and
QFII Investments Risk |
|
X |
One
Year
Index |
-100%
One
Year
Index |
Volatility
Rate | ||||
Return |
Return |
10% |
25% |
50% |
75% |
100% |
-60% |
60% |
148.55% |
134.42% |
95.28% |
43.98% |
-5.83% |
-50% |
50% |
99.13% |
87.77% |
56.26% |
15.23% |
-24.77% |
-40% |
40% |
66.08% |
56.57% |
30.21% |
-4.08% |
-37.57% |
-30% |
30% |
42.43% |
34.25% |
11.56% |
-17.98% |
-46.76% |
-20% |
20% |
24.67% |
17.47% |
-2.47% |
-28.38% |
-53.72% |
-10% |
10% |
10.83% |
4.44% |
-13.28% |
-36.52% |
-58.79% |
0% |
0% |
-0.25% |
-6.04% |
-22.08% |
-42.90% |
-63.23% |
10% |
-10% |
-9.32% |
-14.64% |
-29.23% |
-48.27% |
-66.67% |
20% |
-20% |
-16.89% |
-21.75% |
-35.24% |
-52.72% |
-69.67% |
30% |
-30% |
-23.29% |
-27.84% |
-40.25% |
-56.41% |
-71.94% |
40% |
-40% |
-28.78% |
-33.01% |
-44.63% |
-59.81% |
-74.32% |
50% |
-50% |
-33.55% |
-37.52% |
-48.57% |
-62.60% |
-76.19% |
60% |
-60% |
-37.72% |
-41.51% |
-51.96% |
-65.19% |
-78.12% |
Fund |
Symbol |
Direxion
Daily S&P 500® Bear 1X
Shares |
SPDN |
Direxion
Daily CSI 300 China A Share Bear 1X Shares |
CHAD |
Fund |
Advisory Fee
Charged |
Direxion
Daily S&P 500® Bear 1X
Shares |
0.35% |
Direxion
Daily CSI 300 China A Share Bear 1X Shares |
0.60% |
Fund |
Expense
Cap |
Direxion
Daily S&P 500® Bear 1X
Shares |
0.45% |
Direxion
Daily CSI 300 China A Share Bear 1X Shares |
0.80% |
Fund |
Percentage |
Direxion
Daily S&P 500® Bear 1X
Shares |
0.29% |
Direxion
Daily CSI 300 China A Share Bear 1X Shares |
0.60% |
|
|
|
|
|
|
|
|
|
|
|
|
Net
Asset
Value,
Beginning
of
Year/Period |
Net
Investment
Income
(Loss)1 |
Net
Investment
Income
(Loss)1,2 |
Net
Realized
and
Unrealized
Gain
(Loss)
on
Investments3 |
Net
Increase
(Decrease)
in
Net
Asset
Value
Resulting
from
Operations |
Dividends
from
Net
Investment
Income |
Distributions
from
Realized
Capital
Gains |
Distributions
from
Return
of
Capital |
Total
Distributions |
Net
Asset
Value,
End
of
Year/Period |
Direxion
Daily CSI 300 China A Share Bear 1X Shares |
|
|
|
|
|
|
|
|
|
|
For the Year
Ended October 31, 2021 |
$20.26 |
$(0.12) |
$(0.12) |
$(3.40) |
$(3.52) |
$– |
$– |
$– |
$– |
$16.74 |
For the Year
Ended October 31, 2020 |
$29.45 |
$(0.03) |
$(0.03) |
$(9.06) |
$(9.09) |
$(0.05) |
$– |
$(0.05) |
$(0.10) |
$20.26 |
For the Year
Ended October 31, 2019 |
$38.58 |
$0.48 |
$0.50 |
$(8.59) |
$(8.11) |
$(1.02) |
$– |
$– |
$(1.02) |
$29.45 |
For the Year
Ended October 31, 2018 |
$32.04 |
$0.24 |
$0.26 |
$6.50 |
$6.74 |
$(0.20) |
$– |
$– |
$(0.20) |
$38.58 |
For the Year
Ended October 31, 2017 |
$41.32 |
$(0.05) |
$(0.05) |
$(9.23) |
$(9.28) |
$– |
$– |
$– |
$– |
$32.04 |
Direxion
Daily S&P 500®
Bear 1X Shares |
|
|
|
|
|
|
|
|
|
|
For the Year
Ended October 31, 2021 |
$21.28 |
$(0.07) |
$(0.07) |
$(6.57) |
$(6.64) |
$– |
$– |
$– |
$– |
$14.64 |
For the Year
Ended October 31, 2020 |
$26.03 |
$(0.06) |
$(0.05) |
$(4.60) |
$(4.66) |
$(0.05) |
$– |
$(0.04) |
$(0.09) |
$21.28 |
For the Year
Ended October 31, 2019 |
$29.73 |
$0.52 |
$0.52 |
$(3.72) |
$(3.20) |
$(0.50) |
$– |
$– |
$(0.50) |
$26.03 |
For the Year
Ended October 31, 2018 |
$31.91 |
$0.30 |
$0.30 |
$(2.14) |
$(1.84) |
$(0.34) |
$– |
$– |
$(0.34) |
$29.73 |
For the Year
Ended October 31, 2017 |
$39.30 |
$0.07 |
$0.08 |
$(7.31) |
$(7.24) |
$(0.15) |
$– |
$– |
$(0.15) |
$31.91 |
|
|
|
RATIOS TO
AVERAGE NET ASSETS5 |
Portfolio
Turnover
Rate7 | |||||
|
Total
Return4 |
Net
Assets,
End
of
Year/Period
(000's
omitted) |
Net
Expenses6 |
Total
Expenses |
Net
Investment
Income
(Loss)
after
Expense
Reimbursement |
Net
Expenses2,6 |
Total
Expenses2 |
Net
Investment
Income
(Loss)
after
Expense
Reimbursement2 | |
Direxion
Daily CSI 300 China A Share Bear 1X Shares |
|
|
|
|
|
|
|
|
|
For the Year
Ended October 31, 2021 |
(17.37)% |
$131,394 |
0.73% |
0.73% |
(0.70)% |
0.73% |
0.73% |
(0.70)% |
0% |
For the Year
Ended October 31, 2020 |
(30.98)% |
$94,201 |
0.80% |
0.80% |
(0.12)% |
0.80% |
0.80% |
(0.12)% |
0% |
For the Year
Ended October 31, 2019 |
(21.08)% |
$20,615 |
0.88% |
0.87% |
1.44% |
0.80% |
0.79% |
1.52% |
0% |
For the Year
Ended October 31, 2018 |
21.11% |
$115,750 |
0.85% |
0.81% |
0.72% |
0.80% |
0.76% |
0.77% |
0% |
For the Year
Ended October 31, 2017 |
(22.46)% |
$100,918 |
0.80% |
0.79% |
(0.12)% |
0.80% |
0.79% |
(0.12)% |
0% |
Direxion
Daily S&P 500®
Bear 1X Shares |
|
|
|
|
|
|
|
|
|
For the Year
Ended October 31, 2021 |
(31.20)% |
$123,669 |
0.45% |
0.51% |
(0.42)% |
0.45% |
0.51% |
(0.42)% |
0% |
For the Year
Ended October 31, 2020 |
(17.95)% |
$175,571 |
0.45% |
0.56% |
(0.24)% |
0.45% |
0.56% |
(0.24)% |
0% |
For the Year
Ended October 31, 2019 |
(10.90)% |
$19,525 |
0.45% |
0.73% |
1.86% |
0.45% |
0.73% |
1.86% |
0% |
For the Year
Ended October 31, 2018 |
(5.74)% |
$13,380 |
0.45% |
0.65% |
0.99% |
0.45% |
0.65% |
0.99% |
0% |
For the Year
Ended October 31, 2017 |
(18.62)% |
$33,504 |
0.45% |
0.60% |
0.21% |
0.45% |
0.60% |
0.21% |
0% |
1301
Avenue of the Americas (6th Avenue), 28th Floor |
New
York, New York 10019 |
(866)
476-7523 |
Write
to: |
Direxion
Shares ETF Trust |
|
1301
Avenue of the Americas (6th Avenue), 28th Floor
New
York, New York 10019 |
Call: |
(866)
476-7523 |
By
Internet: |
www.direxion.com |