Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN)
ARCA ARCA Primary 
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DFEN Chart
Western arms makers are lining up to test their weapons on Ukraine's battlefields
Ukraine launched a program last year to host companies that want to test their defense technology. Hundreds of companies have expressed interest, and the number is rising, a defense executive said.
Leonardo Posts Strong Growth in Orders, Revenue as Europe Rearms
For this year, Leonardo continues to expect new orders worth about 25 billion euros.
The Best New Military Drones Aren't U.S.-Made. That's a Problem for the Pentagon.
Aevex and rivals are benefiting as the U.S. military ramps up spending to compete with battle-tested drone technology emerging from Ukraine.
Direxion Daily Aerospace & Defense Bull 3X Shares Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CCP Christopher C. Powers Farther Finance Advisors, LLC | 494 | $30,856.76 | $32,189.04 | $1,332.28 | 4.32% |
| JS Joshua Stipcich Tidemark, LLC | 2,694 | $139,765 | $175,541.04 | $35,776.04 | 25.6% |
| LS Larry Steckler Blue Sky Capital Consultants Group Inc. | 3,449 | $237,118.51 | $224,736.84 | -$12,381.67 | -5.22% |
Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) FAQ
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Direxion Daily Aerospace & Defense Bull 3X Shares Profile
| ARCA Exchange | US Country |
Overview
The company is an investment fund that aims to provide investors with thrice the daily leveraged exposure to the U.S. aerospace and defense industry. It achieves this by investing at least 80% of its net assets, along with any borrowings for investment purposes, in a mix of financial instruments. These instruments include swap agreements, securities that are part of the index, and exchange-traded funds (ETFs) that follow the index. The specific index targeted by the fund is designed to measure the performance of the aerospace and defense sector within the U.S. equity market. Notably, the fund adopts a non-diversified investment strategy, concentrating its assets to maximize returns from the aerospace and defense industry.
Products and Services
- Swap Agreements
- Securities of the Index
- Exchange-Traded Funds (ETFs)
These are financial contracts through which the fund can gain exposure to the aerospace and defense index without needing to directly own the underlying securities. Swap agreements are a crucial component of the fund's strategy to achieve its leveraged investment objective.
The fund invests in securities that are part of the aerospace and defense index it aims to track. This includes individual stocks and other financial instruments that are representative of the performance of the U.S. aerospace and defense industry.
ETFs that track the aerospace and defense index are another key element of the fund’s investment portfolio. These ETFs allow the fund to achieve diversified exposure to the sector within its non-diversified structure, offering 3X daily leveraged exposure in line with the fund's investment objective.
