DFEN Performance — Direxion Daily Aerospace & Defense Bull 3X Shares
Data updated: 2026-09-28
DFEN returned +17.95% year to date and +43.04% over one year to Jul 2026. Annualised returns are +65.13% over 3 years and +33.45% over 5 years. The fund beat its Trading - Leveraged category average: $100 invested three years ago grew to $450, against $136 for the category, and to $143 over one year, against $105. Volatility over the past three years was 55.16% a year. In the 12 months to Jul 2026 the fund lost a net $40.9M, and assets reached $384.09M.
DFEN Growth of $100
What $100 invested in Direxion Daily Aerospace & Defense Bull 3X Shares grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | DFEN | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $143 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $450 | $136 |
| 5 years (Aug 2021 – Jul 2026) | $423 | $130 |
| Since data start (Aug 2019 – Jul 2026) | $185 | $147 |
DFEN Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +17.95% |
| 1 year | +43.04% |
| 3 years (annualised) | +65.13% |
| 5 years (annualised) | +33.45% |
DFEN Annual Returns
Calendar-year total returns of Direxion Daily Aerospace & Defense Bull 3X Shares, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +17.95% |
| 2025 | +156.01% |
| 2024 | +27.72% |
| 2023 | +24.29% |
| 2022 | +7.26% |
| 2021 | +12.72% |
| 2020 | −70.35% |
| 2019 (Aug–Dec) | +7.64% |
DFEN Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +24.1% | +13.8% | −30.0% | −2.5% | +22.0% | +6.7% | −5.9% | — | — | — | — | — |
| 2025 | +23.2% | −4.7% | −4.8% | +0.1% | +41.8% | +19.2% | +11.7% | +1.5% | +17.1% | +7.3% | −15.3% | +12.3% |
| 2024 | −10.3% | +12.0% | +9.0% | −5.9% | +13.5% | −9.2% | +25.1% | +7.6% | +2.7% | −11.8% | +22.0% | −19.2% |
| 2023 | +6.2% | −0.9% | −0.3% | −4.3% | −14.6% | +22.5% | +1.2% | −5.5% | −24.8% | +9.4% | +28.3% | +17.1% |
| 2022 | −6.0% | +33.6% | −3.8% | −20.6% | −4.2% | −10.3% | +12.4% | −7.2% | −28.7% | +58.4% | +11.3% | −0.8% |
| 2021 | −18.3% | +21.4% | +27.8% | +6.2% | +9.9% | −2.1% | −5.4% | −6.3% | −5.1% | +0.1% | −18.6% | +13.7% |
| 2020 | +6.8% | −33.1% | −75.6% | +18.4% | +11.9% | −6.4% | −16.0% | +19.5% | −15.9% | −14.8% | +75.8% | +8.4% |
| 2019 | — | — | — | — | — | — | — | +7.6% | +3.9% | −7.2% | +15.5% | −10.2% |
DFEN Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 55.16%
- 3-year Sharpe ratio: 1.10 (vs 4.5% risk-free rate)
- Best month: +41.78% (May 2025)
- Worst month: −30.05% (Mar 2026)
DFEN Fund Flows
Monthly money in and out of Direxion Daily Aerospace & Defense Bull 3X Shares, from SEC Form N-PORT.
- 12-month net flow: −$40.9M
- 12-month gross sales (incl. reinvestments): $215.8M
- Sales ÷ redemptions: 0.84×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $3.3M | $11.6M | −$8.3M |
| Jun 2026 | $0 | $36.8M | −$36.8M |
| May 2026 | $6.7M | $23.8M | −$17.1M |
| Apr 2026 | $9.2M | $14.6M | −$5.4M |
| Mar 2026 | $23.5M | $7.8M | $15.7M |
| Feb 2026 | $4.5M | $24.0M | −$19.5M |
| Jan 2026 | $64.8M | $0 | $64.8M |
| Dec 2025 | $8.5M | $0 | $8.5M |
| Nov 2025 | $0 | $9.4M | −$9.4M |
| Oct 2025 | $92.2M | $99.3M | −$7.1M |
| Sep 2025 | $0 | $9.2M | −$9.2M |
| Aug 2025 | $2.9M | $20.1M | −$17.2M |
DFEN Assets Under Management
Net assets of Direxion Daily Aerospace & Defense Bull 3X Shares by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $384.09M |
| 2026-04-30 | $365.96M |
| 2026-01-31 | $483.91M |
| 2025-10-31 | $395.00M |
| 2025-07-31 | $342.01M |
| 2025-04-30 | $162.72M |
| 2025-01-31 | $196.33M |
| 2024-10-31 | $183.83M |
| 2024-07-31 | $185.52M |
| 2024-04-30 | $156.99M |
| 2024-01-31 | $153.48M |
| 2023-10-31 | $155.36M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.