Direxion Monthly High Fund Quote
| DXHYX Fund | USD 17.53 0.02 0.11% |
PerformanceModest
| Odds Of DistressLow
|
Direxion Monthly is trading at 17.53 as of the 21st of March 2025; that is 0.11 percent down since the beginning of the trading day. The fund's open price was 17.55. Direxion Monthly has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 2025. Click here to learn more.
The fund invests at least 80 percent of its net assets in securities of the index, ETFs that track the index and other financial instruments provide monthly leveraged exposure to the index or to ETFs that track the index. The index is a rules-based systematic strategy index calculated in U.S. More on Direxion Monthly High
Moving together with DIREXION Mutual Fund
Moving against DIREXION Mutual Fund
DIREXION Mutual Fund Highlights
| Fund Concentration | Direxion Funds, Large Funds, Trading--Leveraged Debt Funds, Trading--Leveraged Debt, Direxion Funds (View all Sectors) |
| Update Date | 31st of March 2025 |
| Expense Ratio Date | 29th of December 2022 |
| Fiscal Year End | August |
Direxion Monthly High [DXHYX] is traded in USA and was established 21st of March 2025. Direxion Monthly is listed under Direxion Funds category by Fama And French industry classification. The fund is listed under Trading--Leveraged Debt category and is part of Direxion Funds family. This fund currently has accumulated 16.77 M in assets under management (AUM) with minimum initial investment of 25 K. Direxion Monthly High is currently producing year-to-date (YTD) return of 0.82% with the current yeild of 0.04%, while the total return for the last 3 years was 3.76%.
Check Direxion Monthly Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on DIREXION Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding DIREXION Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Direxion Monthly High Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Direxion Monthly High Mutual Fund Constituents
| HYG | iShares iBoxx High | Etf | High Yield Bond | |
| HYS | PIMCO 0 5 Year | Etf | High Yield Bond | |
| JNK | SPDR Bloomberg High | Etf | High Yield Bond |
Direxion Monthly High Risk Profiles
| Mean Deviation | 0.2764 | |||
| Standard Deviation | 0.3649 | |||
| Variance | 0.1332 | |||
| Risk Adjusted Performance | (0.02) |
Direxion Monthly Against Markets
Other Information on Investing in DIREXION Mutual Fund
Direxion Monthly financial ratios help investors to determine whether DIREXION Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DIREXION with respect to the benefits of owning Direxion Monthly security.
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