Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Direxion Monthly S&P 500 Bear 2X Fund Investor Class (DXSSX)

18.99
Net Asset Value
+0.16%
1 Day
-10.13%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
1.51%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks monthly investment results, before fees and expenses, of 200% of the inverse (or opposite) of the calendar month performance of the S&P 500  Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that provide inverse (opposite) or short exposure to the S& P 500  Index (the "index") equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is a float-adjusted, market capitalization-weighted index. The fund is non-diversified.

Performance

1 month+1.77% 3 years-21.58%
3 months-8.04% 5 years-25.86%
1 year-29.48% Since inception-24.13%
Data through --

Peer Comparisonvs. Bear market

 DXSSXCategory
Performance 5-yr return-25.86%-21.65%
Expense ratio1.51%2.00%
Risk 5 year sharpe ratio-1.42-1.25
Net assets$7.6M$100.2M
Average market cap--$78.4B
Average P/E--18.1
Portfolio turnover----

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyDirexion Funds
Fund manager & tenurePaul Brigandi / 10 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00

Holdings

Cash306.34%
U.S. stock0.00%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 15.16%
Energy 14.17%
Industrial materials 13.04%
Healthcare 12.67%
Hardware 10.04%
Top 10 Holdings
Portfolio weighting
Holdings not available.