All Direxion ETFs that previously sought 200% or -200% daily exposure of their benchmark now seek 300% or -300% daily exposure of their benchmark, as of December 1st, 2011. Performance information displayed for periods prior to December 1, 2011 reflects that of the funds' prior objective. Learn More

Volatility Tool

Volatility measures the dispersion of returns for a given security or index. Direxion Shares ETFs are, by their nature, volatile. It's important to monitor their volatility levels because high volatility can have a detrimental effect on the performance of leveraged ETFs. Direxion Shares have daily investment objectives and are meant to be short-term trading vehicles. When volatility levels are high, it is even more important to monitor your positions closely to ensure you are maintaining your desired level of exposure to the underlying index, and that the funds returns are in line with your expectations. Please see Understanding the Impact of Changing Market Exposure on Leveraged ETFs, An Example of Daily Investment Results or Volatility Matters for more information on this topic.

The volatility tool below is designed to help you better understand the nature of our ETFs and the volatility measure for each over a desired period. You may view any combination of funds and indices (up to a total of 25) at one time.

In the pop up box, simply select the "Sample frequency", which dictates whether volatility data will be calculated using daily or monthly data points. After selecting the Sample Frequency, choose a period. Next, select the funds which you would like to query then submit by clicking on "Apply Selection".

The bars in the graph represent the level of volatility for each fund, for the selected time period. Your results can be manipulated by selecting various frequencies and periods, located to the right of the graph.

                                                                                                                                       Data as of 02-03-2012







 

 

An investor should consider the investment objectives, risks, charges, and expenses of Direxion Shares carefully before investing. The prospectus and summary prospectus contain this and other information about Direxion Shares. Click here to obtain a prospectus and summary prospectus. The prospectus and summary prospectus should be read carefully before investing.

The Funds are designed to be utilized only by sophisticated investors, such as traders and active investors employing dynamic strategies. Such investors are expected to monitor and manage their portfolios frequently. Investors in the Funds should (a) understand the consequences of seeking daily investment results, (b) understand the risk of shorting, and (c) intend to actively monitor and manage their investments.

An investment in the Funds involve risk, including the possible loss of principal. The Funds are non-diversified and include risks associated with concentration risk that results from the Funds' investments in a particular industry or sector which can increase volatility. The use of derivatives such as futures contracts, forward contracts, options and swaps are subject to market risks that may cause their price to fluctuate over time. The Fund does not attempt to, and should not be expected to, provide returns which are a multiple of the return of the Index for periods other than a single day. For other risks including correlation, leverage, compounding, market volatility and specific risks regarding each sector, please read the prospectus.

Distributor: Foreside Fund Services, LLC.