(DFEN) Direxion Daily Aerospace - NYSE
ETF Category: Trading--Leveraged Equity | Exchange: NYSE (USA) | Market Cap: 386m USD | Total Return: 78.4% in 12m
Avg Turnover: 16.3M
Warnings
Choppy
Tailwinds
No distinct edge detected
The Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) is a leveraged exchange-traded fund designed to provide 300% of the daily performance of the Dow Jones U.S. Select Aerospace & Defense Index. To achieve this objective, the fund invests at least 80% of its assets in financial derivatives, including swap agreements and index-tracking securities. As a non-diversified daily trading vehicle, it is intended for short-term tactical use rather than long-term investment.
The underlying index tracks U.S. companies involved in the manufacturing, assembly, and sale of commercial and military aircraft, as well as defense equipment. This sector is characterized by high barriers to entry and heavy reliance on long-term government contracts and Department of Defense budgetary cycles. For deeper insights into these industry drivers, consider exploring the data available on ValueRay.
- U.S. Department of Defense budget allocations and procurement cycles
- Commercial aircraft backlog and delivery rates at major manufacturers
- Geopolitical tensions drive international demand for defense systems
- Interest rate volatility impacts cost of 3X leveraged exposure
As of June 12, 2026, the stock is trading at USD 74.23 with a total of 386,422 shares traded.
Over the past week, the price has changed by +4.59%,
over one month by +10.38%,
over three months by -11.63% and
over the past year by +78.43%.
Direxion Daily Aerospace has no consensus analysts rating.