Direxion Daily Aerospace & Defense Bull 3X Shares
DFEN

$33.97

2.91%

Market Cap: $192M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

100% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 3

24% more capital invested

Capital invested by funds: $12.8M [Q1] → $15.9M (+$3.1M) [Q2]

22% more call options, than puts

Call options by funds: $2.29M | Put options by funds: $1.87M

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

5% more funds holding

Funds holding: 19 [Q1] → 20 (+1) [Q2]

2.66% more ownership

Funds ownership: 7.7% [Q1] → 10.36% (+2.66%) [Q2]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for DFEN.

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Financial journalist opinion

Zacks Investment Research

5 Leveraged ETFs With Double-Digit Gains in August

After witnessing steep sell-offs at the start of August, all three major indices end the month with double-digit gains.

5 Leveraged ETFs With Double-Digit Gains in August

Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally

Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.

Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally

Top Performing Leveraged/Inverse ETFs: 07/28/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 07/28/2024

Zacks Investment Research

Best Inverse/Leveraged ETFs of Last Week

Wall Street offered a mixed performance last week.

Best Inverse/Leveraged ETFs of Last Week

Growing Geopolitical Risk Can Push This ETF Higher

Geopolitical risks stemming from the Middle East is pushing oil prices higher and subsequently, defense stocks are also seeing some upside. In particular, the Direxion Daily Aerospace & Defense Bull 3X Shares ETF (DFEN) is pushing higher and could keep doing so as long as geopolitical risks remain elevated.

Growing Geopolitical Risk Can Push This ETF Higher

U.S. Defense Spending Could Push This ETF Even Higher

When it comes to defense spending, the United States is head and shoulders above the rest of the globe. A Brookings Institute report emphasized the willingness of the U.S. to shore up its military, especially in a time when geopolitical tensions exist.

U.S. Defense Spending Could Push This ETF Even Higher

This Aerospace-Defense ETF Is Ready for Takeoff

The aerospace and defense sector stumbled (like most did) during January. But, it could retain its upward trajectory.

This Aerospace-Defense ETF Is Ready for Takeoff

DFEN: 2024 Might Be Very Different From 2023 (Rating Downgrade)

The Direxion Daily Aerospace & Defense Bull 3X Shares ETF has delivered excellent returns but is expected to experience a different trend in the coming months. The ETF's composition is not optimal in the current scenario, with a decline in Boeing significantly impacting its performance. The defense sector may be nearing its peak, and defense companies are more likely to decline than appreciate further.

DFEN: 2024 Might Be Very Different From 2023 (Rating Downgrade)

Increased Defense Spending Could Lift DFEN

When the federal government is willing to open its expansive wallet to spend on defense, it could be beneficial to the Direxion Daily Aerospace & Defense Bull 3X Shares ETF (DFEN). 2024 is slated to bring additional spending to this sector amid current geopolitical strife.

Increased Defense Spending Could Lift DFEN

Top Performing Leveraged/Inverse ETFs: 11/26/2023

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 11/26/2023

See News Rankings