Direxion Daily Aerospace & Defense Bull 3X SharesDFEN
DFEN
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
212% more call options, than puts
Call options by funds: $9.2M | Put options by funds: $2.95M
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
15% more funds holding
Funds holding: 20 [Q2] → 23 (+3) [Q3]
10% more capital invested
Capital invested by funds: $16.1M [Q2] → $17.6M (+$1.53M) [Q3]
1.23% less ownership
Funds ownership: 10.46% [Q2] → 9.23% (-1.23%) [Q3]
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Research analyst outlook
We haven’t received any recent analyst ratings for DFEN.
Financial journalist opinion
Positive
ETF Trends
2 days ago
Rising Airfare Costs Could Set This ETF in Flight
Rising airfare costs won't do any favors for travelers in the off-season, but it can certainly help set the Direxion Daily Aerospace & Defense Bull 3X Shares ETF (DFEN) on a flight path to more gains.
Positive
ETF Trends
2 weeks ago
Call for Increased NATO Spending Could Boost This Defense ETF
An incoming presidential administration opens the door for policy discussions on spending, which includes defense. Ahead of his inauguration later this month, president-elect Donald Trump is already calling on NATO to open its wallets for this type of spending.
Negative
Seeking Alpha
1 month ago
DFEN: Too Risky Right Now
DFEN aims to deliver 3x the daily performance of the Dow Jones U.S. Select Aerospace & Defense Index. It provides exposure to the commercial aerospace and national defense markets, each driven by the distinct factors of air travel demand and government defense budgets, respectively. DFEN's performance is highly influenced by volatility due to its daily leverage reset, which can amplify both gains and losses significantly.
Positive
ETF Trends
2 months ago
Global Tensions and Increased Travel Should Boost This ETF
Short-term traders looking to capitalize on trends may want to take keep increased holiday travel and defense spending in mind during the final months of the fourth quarter. According to TravelAge West, rising costs are obviously taking a bite out of consumers' wallets this year.
Positive
Zacks Investment Research
4 months ago
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.
Positive
ETF Trends
6 months ago
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.
Positive
ETF Trends
6 months ago
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.
Positive
Zacks Investment Research
6 months ago
Best Inverse/Leveraged ETFs of Last Week
Wall Street offered a mixed performance last week.
Positive
ETF Trends
9 months ago
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.
Positive
ETF Trends
9 months ago
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.
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