ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Alternatives Channel
      • Artificial Intelligence
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Education
      • ETF Investing
      • ETF Strategist
      • Faith-Based Investing
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Invest Beyond Cash
      • Leveraged & Inverse
      • Modern Alpha
      • Portfolio Strategies
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Gold/Silver/Critical Materials
        • Crypytocurrency
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
    • Market Outlook
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Database Categories
    • Indexes
    • Scenario Analysis
    • Watchlists
    • Head-To-Head ETF Comparison Tool
    • Mutual Fund To ETF Converter
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • Gaining Perspective Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Leveraged & Inverse ETF Channel
  2. Direxion Makes Index and Expense Ratio Changes
Leveraged & Inverse ETF Channel
Share

Direxion Makes Index and Expense Ratio Changes

Evan HarpMar 03, 2022
2022-03-03

Direxion had a number of index changes that will be effective on or about April 22nd, 2022. They are:

Direxion Daily MSCI Real Estate Bull 3X Shares (DRV B-)

  • Fund name changed to the Direxion Daily Real Estate Bull 3X Shares
  • Index changed from the MSCI US IMI Real Estate 25/50 Index to the Real Estate Select Sector Index

Direxion Daily MSCI Real Estate Bear 3X Shares (DRN B+)

  • Fund name changed to the Direxion Daily Real Estate Bear 3X Shares
  • Index changed from the MSCI US IMI Real Estate 25/50 Index to the Real Estate Select Sector Index

Direxion Daily Financial Bull 3X Shares (FAS A)

  • Index changed from the Russell 1000 Index – Financials to the Russell 1000 Financials 40 Act 15/22.5 Daily Capped Index

Direxion Daily Financial Bear 3X Shares (FAZ A-)

  • Index changed from the Russell 1000 Index – Financials to the Russell 1000 Financials 40 Act 15/22.5 Daily Capped Index

Direxion Russell 1000 Value Over Growth ETF (RWVG B+)

  • Index name changed from the Russell 1000 Value/Growth 150/50 Net Spread Index to the Russell 1000 Value/Growth 150/50 Index.

Direxion Russell 1000 Growth Over Value ETF (RWGV C+)

  • Index name changed from the Russell 1000 Growth/Value 150/50 Net Spread Index to the Russell 1000 Growth/Value 150/50 Index.

Additionally, the expense ratios of some Direxion funds have changed. Here are the new ratios:

FundNew Gross Expense RatioNew Net Expense Ratio
BRZU - Direxion Daily MSCI Brazil Bull 2X Shares1.26%1.26%
CHAD - Direxion Daily CSI 300 China A Share Bear 1X Shares0.76%0.76%
CHAU - Direxion Daily CSI 300 China A Share Bull 2X Shares1.05%1.05%
CLDL - Direxion Daily Cloud Computing Bull 2X Shares1.04%0.96%
CLDS - Direxion Daily Cloud Computing Bear 2X Shares1.22%0.99%
COM - Direxion Auspice Broad Commodity Strategy ETF0.72%0.72%
CWEB - Direxion Daily CSI China Internet Index Bull 2X Shares1.32%1.32%
ERX - Direxion Daily Energy Bull 2x Shares0.95%0.95%
ERY - Direxion Daily Energy Bear 2X Shares1.03%0.99%
INDL - Direxion Daily MSCI India Bull 2X Shares1.17%1.17%
RUSL - Direxion Daily Russia Bull 2X Shares1.20%1.20%
SPDN - Direxion Daily S&P 500 Bear 1X Shares0.55%0.49%
SPUU - Direxion Daily S&P 500 Bull 2X Shares0.75%0.63%
TENG - Direxion Daily 5G Communications Bull 2X Shares1.76%0.95%

It is worth noting that Direxion has an expense cap in place, so shareholders never actually pay more than 0.95% for expenses, even if the new net expense ratio is higher than that.

For more news, information, and strategy, visit the Leveraged & Inverse Channel.


Content continues below advertisement

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2025 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X