(DFEN) Direxion Daily Aerospace - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NYSE ARCA (USA) | Market Cap: 351m USD | Total Return: 82.9% in 12m
Avg Turnover: 16.9M
Warnings
Volatile
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, such as swap agreements and other ETFs, rather than holding a traditional portfolio of underlying stocks.
The aerospace and defense sector is characterized by high barriers to entry and long-term government procurement cycles, which often provide predictable revenue streams for major contractors. Because this fund utilizes daily rebalancing to maintain its 3X leverage, it is intended for short-term trading rather than long-term investment, as volatility decay can cause performance to deviate significantly from the index over extended periods.
For a deeper look into the specific holdings and valuation metrics of this sector, you may find the data on ValueRay helpful for your next steps. The fund remains non-diversified, concentrating its risk within a specific industrial segment sensitive to federal budget allocations and geopolitical developments.
- Geopolitical conflicts increase global demand for advanced missile and defense systems
- US Department of Defense budget allocations drive long-term aerospace procurement contracts
- Commercial aviation recovery and aircraft delivery rates boost underlying index performance
- Three times daily leverage amplifies volatility from interest rate and inflation shifts
- Regulatory oversight of major defense contractors impacts sector-wide profit margin stability
As of May 27, 2026, the stock is trading at USD 69.83 with a total of 338,508 shares traded.
Over the past week, the price has changed by +12.68%,
over one month by +17.48%,
over three months by -21.37% and
over the past year by +82.89%.
Direxion Daily Aerospace has no consensus analysts rating.