Summary
Direxion Daily Aerospace & Defense Bull 3X Shares is an ETF - a fund traded on an exchange like a stock - run by Direxion. Positions inside: 61. The ten largest make up 293% of the fund.
- Yearly costs
- 0.96%
- Fund size
- $282.4M
- Positions
- 61
- Dividend yield
- 12.41%
- Running since
- 2017
What speaks for it
- Easy to buy and sell: about $11.3M changes hands a day.
- Average yearly growth over the last five years: 15%.
What to watch
- The ten largest positions make up 293% of the fund, so its result rests on a few names.
- Costs of 0.96% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 57% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -17%
- 3 months
- -43%
- This year
- -32%
- 1 year
- -42%
- 3 years
- +178%
- 5 years
- +103%
- Avg. market cap
- $147.8B
- P/E
- 31.6x
- Forward P/E
- 26.5x
- P/S
- 2.9x
- P/B
- 5.8x
- P/FCF
- 28.8x
- EV/EBITDA
- 20.3x
- Dividend yield
- 0.87%
- ROIC
- 8.2%
- ROE
- 29.8%
- Gross margin
- 23.4%
- Operating margin
- -25.2%
- Net margin
- -25.1%
- Payout ratio
- 27.4%
- Net debt/EBITDA
- 2.2x
- Beta
- 2.68
Weighted average of the 48 largest companies, which make up 71% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 DJSASD SWAP ASSET LEG (DJSASDBCL) 100%
- 2 DJSASD SWAP ASSET LEG (DJSASDNML) 62%
- 3 DJSASD SWAP ASSET LEG (DJSASDCTL) 55%
- 4 DREYFUS GOVT CASH MAN INS 21%
- 5 GEGeneral Electric Company GE 15%
- 6 RTRTX RTX 12%
- 7 DJSASD SWAP ASSET LEG (DJSASDBPL) 9.9%
- 8 GOLDMAN SACHS FIN GOV 465 INSTITUT 9.1%
- 9 BABoeing BA 5.6%
- 10 LMLockheed Martin LMT 3.9%
Positions in the fund: 61. The ten largest make up 293% of it.
Composition as of Oct 24, 2026.
Where is it spread?
Spread outBy sector
- Industrials 20%
- Basic materials 0.3%
- Other 80%
By country
- United States 69%
- Puerto Rico 0.03%
- Other countries 31%
By company size
- Mega cap 38%
- Large cap 56%
- Mid cap 5.1%
- Small cap 0.5%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 71% of the fund.
Largest sector: Industrials (20%). Largest country: United States (69%). Largest size group: Large cap (56%).
What does it cost me?
Expensive- A year from $10,000
- $96.00
- Over 20 years
- $4,453
From every $10,000 invested the fund takes $96.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,453.
How has it done?
Growing over the long run- A year on average, 5 years
- +15%
- Deepest drop
- -57%
- Yearly volatility
- 69%
Average yearly growth over the last five years: 15%. Deepest drop in these years: 57% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 12.41%
- Payments a year
- 4
- Last payment
- $0.01
Over the last 12 months it paid $5.62 per share, which is 12.41% of today's price. The last payment was $0.01 on Sep 22, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $11.3M
- Shares a day
- 250K
On an average day about $11.3M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 31.6
- Average Bulios Score
- 57 out of 100
Weight by Bulios Fair Price
- Undervalued 5.9%
- Fairly valued 8.7%
- Overvalued 85%
On average the companies inside trade for 31.6 times their yearly profit. By Fair Price, 85% of the rated weight comes out as overvalued.
Counted from its largest companies (48), which make up 71% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
IT ITA iShares U.S. Aerospace & Defense ETF | United States | 0.37% | $11.8B | -6.7% | Pays out | 71% |
PP PPA Invesco Aerospace & Defense ETF | United States | 0.58% | $7.29B | -3.1% | Pays out | 59% |
FS FSDAX Fidelity Select Defense & Aerospace Portfolio· mutual fund | - | - | $3.25B | -8.4% | Pays out | 57% |
MI MISL First Trust Indxx Aerospace & Defense ETF | United States | 0.60% | $192.0M | -6.3% | Pays out | 54% |
NA NATO Themes ETF Trust - Themes Transatlantic Defense ETF | United States | 0.35% | $84.5M | -8.8% | Reinvests | 52% |
AV AV Corgi Etf Trust I - Corgi Aerospace & Commercial Aviation ETF | United States | 0.35% | $739.9K | - | - | 48% |
