DXRSX Performance — Direxion Monthly Small Cap Bear 1.75X Fund, Investor Class
Data updated: 2023-04-28
DXRSX returned +0.01% over one year to Feb 2023. The annualised 3-year return is −32.25%. The fund trailed its Trading - Inverse category average: $100 invested three years ago grew to $31, against $37 for the category, and to $100 over one year, against $108. Volatility over the past three years was 51.56% a year. In the 12 months to Feb 2023 the fund took in a net $44.9M, and assets reached $4.04M.
DXRSX Growth of $100
What $100 invested in Direxion Monthly Small Cap Bear 1.75X Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Inverse category average over the same months.
| Period | DXRSX | Category average |
|---|---|---|
| 1 year (Mar 2022 – Feb 2023) | $100 | $108 |
| 3 years (Mar 2020 – Feb 2023) | $31 | $37 |
| Since data start (Sep 2019 – Feb 2023) | $31 | $36 |
DXRSX Trailing Returns
Total returns to Feb 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +0.01% |
| 3 years (annualised) | −32.25% |
DXRSX Annual Returns
Calendar-year total returns of Direxion Monthly Small Cap Bear 1.75X Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Feb) | −13.10% |
| 2022 | +34.03% |
| 2021 | −28.37% |
| 2020 | −53.37% |
| 2019 (Sep–Dec) | −20.31% |
DXRSX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | −16.3% | +3.8% | — | — | — | — | — | — | — | — | — | — |
| 2022 | +19.1% | −2.2% | −2.5% | +19.8% | −0.3% | +16.6% | −20.8% | +4.0% | +17.3% | −18.8% | −3.5% | +12.1% |
| 2021 | −10.1% | −12.6% | −2.1% | −4.3% | −0.5% | −4.0% | +7.1% | −4.6% | +5.8% | −8.6% | +8.2% | −4.7% |
| 2020 | +6.8% | +17.2% | +43.6% | −27.5% | −13.1% | −7.2% | −5.6% | −11.4% | +6.5% | −4.3% | −36.9% | −17.4% |
| 2019 | — | — | — | — | — | — | — | — | −3.8% | −4.9% | −7.9% | −5.5% |
DXRSX Risk
Risk measures from monthly returns over Mar 2020 – Feb 2023.
- 3-year volatility (annualised): 51.56%
- 3-year Sharpe ratio: -0.71 (vs 4.5% risk-free rate)
- Best month: +43.59% (Mar 2020)
- Worst month: −36.94% (Nov 2020)
DXRSX Fund Flows
Monthly money in and out of Direxion Monthly Small Cap Bear 1.75X Fund, from SEC Form N-PORT.
- 12-month net flow: $44.9M
- 12-month gross sales (incl. reinvestments): $22.9M
- Sales ÷ redemptions: -1.05×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Feb 2023 | $380K | −$565K | $944K |
| Jan 2023 | $880K | −$2.3M | $3.1M |
| Dec 2022 | $2.4M | −$795K | $3.2M |
| Nov 2022 | $1.0M | −$929K | $1.9M |
| Oct 2022 | $1.9M | −$2.1M | $4.0M |
| Sep 2022 | $2.2M | −$3.0M | $5.2M |
| Aug 2022 | $1.4M | −$752K | $2.2M |
| Jul 2022 | $2.6M | −$3.8M | $6.4M |
| Jun 2022 | $3.6M | −$1.4M | $5.0M |
| May 2022 | $2.8M | −$2.7M | $5.6M |
| Apr 2022 | $2.8M | −$2.8M | $5.5M |
| Mar 2022 | $995K | −$772K | $1.8M |
DXRSX Assets Under Management
Net assets of Direxion Monthly Small Cap Bear 1.75X Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-02-28 | $4.04M |
| 2022-11-30 | $4.11M |
| 2022-08-31 | $5.31M |
| 2022-05-31 | $4.18M |
| 2022-02-28 | $3.21M |
| 2021-11-30 | $12.01M |
| 2021-08-31 | $2.59M |
| 2021-05-31 | $2.24M |
| 2021-02-28 | $23.33M |
| 2020-11-30 | $3.05M |
| 2020-08-30 | $4.36M |
| 2020-05-31 | $5.31M |
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.