Direxion Shares ETF Trust Direxion Daily Crypto Industry Bear 1X SharesDirexion Shares ETF Trust Direxion Daily Crypto Industry Bear 1X SharesDirexion Shares ETF Trust Direxion Daily Crypto Industry Bear 1X Shares

Direxion Shares ETF Trust Direxion Daily Crypto Industry Bear 1X Shares

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Key stats


Assets under management (AUM)
‪2.30 M‬USD
Fund flows (1Y)
‪−86.53 K‬USD
Dividend yield (indicated)
5.33%
Discount/Premium to NAV
0.07%
Shares outstanding
‪100.00 K‬
Expense ratio
0.49%

About Direxion Shares ETF Trust Direxion Daily Crypto Industry Bear 1X Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Home page
Inception date
Jul 17, 2024
Structure
Open-Ended Fund
Index tracked
Solactive Distributed Ledger & Decentralized Payment Tech Index - Benchmark TR Gross
Replication method
Synthetic
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
REKT is a bearish one-day bet on the crypto industry, designed to provide inverse the daily returns of its underlying index. The index tracks the performance of US-listed companies engaged in distributed ledger or decentralized payment technologies. To be eligible for inclusion, a company must derive at least 50% of its revenue from crypto industry businesses, including blockchain technology, non-fungible tokens (NFT) & tokenization, decentralized finance, and digital asset mining hardware. The index includes a minimum of 25 companies, selected using a proprietary natural language processing algorithm that ranks them based on exposure to these themes. As an inverse product with daily resets, the fund is intended primarily as a short-term trading tool rather than a long-term investment vehicle. Investors should note that the fund does not invest directly in cryptocurrency, non-fungible tokens, or other digital assets.

Classification


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Digital economy
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to REKT via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
REKT trades at 23.19 USD today, its price has risen 0.72% in the past 24 hours. Track more dynamics on REKT price chart.
REKT net asset value is 23.17 today — it's fallen 10.89% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
REKT assets under management is ‪2.30 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
REKT price has fallen by −12.70% over the last month, and its yearly performance shows a −9.14% decrease. See more dynamics on REKT price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −10.89% over the last month, showed a −5.34% decrease in three-month performance and has decreased by −2.15% in a year.
REKT fund flows account for ‪−86.53 K‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
REKT invests in cash. See more details in our Analysis section.
REKT expense ratio is 0.49%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
REKT is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, REKT technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating REKT shows the strong sell signal. See more of REKT technicals for a more comprehensive analysis.
Yes, REKT pays dividends to its holders with the dividend yield of 5.33%.
REKT trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
REKT shares are issued by Rafferty Asset Management LLC
REKT follows the Solactive Distributed Ledger & Decentralized Payment Tech Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 17, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.