MUTE Performance — Direxion Daily Communication Services Index Bear 3X Shares
Data updated: 2020-09-25
MUTE returned −62.92% over one year to Jul 2020. Over one year the fund trailed its Trading - Inverse category average: $100 grew to $37, against $59 for the category. Volatility over the past 12 months was 50.46% a year. In the 12 months to Jul 2020 the fund took in a net $761K, and assets reached $283K.
MUTE Growth of $100
What $100 invested in Direxion Daily Communication Services Index Bear 3X Shares grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Inverse category average over the same months.
| Period | MUTE | Category average |
|---|---|---|
| 1 year (Aug 2019 – Jul 2020) | $37 | $59 |
MUTE Trailing Returns
Total returns to Jul 2020, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −62.92% |
MUTE Annual Returns
Calendar-year total returns of Direxion Daily Communication Services Index Bear 3X Shares, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2020 (Jan–Jul) | −54.22% |
| 2019 (Aug–Dec) | −19.00% |
MUTE 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | −1.9% | +17.2% | +6.9% | −37.5% | −21.2% | −4.5% | −20.8% | — | — | — | — | — |
| 2019 | — | — | — | — | — | — | — | +5.0% | −0.7% | −7.0% | −10.4% | −6.8% |
MUTE Risk
Risk measures from monthly returns over Aug 2019 – Jul 2020.
- 1-year volatility (annualised): 50.46%
- Best month: +17.22% (Feb 2020)
- Worst month: −37.54% (Apr 2020)
MUTE Fund Flows
Monthly money in and out of Direxion Daily Communication Services Index Bear 3X Shares, from SEC Form N-PORT.
- 12-month net flow: $761K
- 12-month gross sales (incl. reinvestments): $0
- Sales ÷ redemptions: -0.00×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2020 | $0 | $0 | $0 |
| Jun 2020 | $0 | $0 | $0 |
| May 2020 | $0 | $0 | $0 |
| Apr 2020 | $0 | $0 | $0 |
| Mar 2020 | $0 | $0 | $0 |
| Feb 2020 | $0 | $0 | $0 |
| Jan 2020 | $0 | $0 | $0 |
| Dec 2019 | $0 | $0 | $0 |
| Nov 2019 | $0 | $0 | $0 |
| Oct 2019 | $0 | $0 | $0 |
| Sep 2019 | $0 | −$761K | $761K |
| Aug 2019 | $0 | $0 | $0 |
MUTE Assets Under Management
Net assets of Direxion Daily Communication Services Index Bear 3X Shares by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2020-07-31 | $283.19K |
| 2020-04-30 | $475.03K |
| 2020-01-31 | $606.81K |
| 2019-10-31 | $742.75K |
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.