DYHG Fees and Costs — Direxion Dynamic Hedge ETF
Data updated: 2022-01-12
The net expense ratio is 0.58%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $1K in broker commissions, 0.0217% of average net assets, and portfolio turnover was 12%.
DYHG Fees and Expenses
Annual operating expenses and sales charges of DYHG. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.58% |
| Fee waiver | — |
| Net expense ratio | 0.58% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DYHG Costs Over Time
On $10,000 invested in DYHG, assuming 5% a year before costs, total costs come to $379 over 5 years, cutting the return by 0.63% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.58%) | $61 | $191 | $332 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $208 | $379 |
| Value after costs | $10,437 | $11,369 | $12,383 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
DYHG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0217%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 12%
- Securities lending: none during the year
DYHG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ADM Investor Services, Inc. | $1K | 85.85% |
| Credit Suisse Securities (USA) LLC | $205 | 14.15% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.