Direxion Dynamic Hedge ETF

Frequently Asked Questions About DYHG

What does DYHG invest in?

The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index, which may include shares of exchange-traded funds. The index is designed to adjust net exposure to the S&P 500Â Index in an attempt to capitalize on the inverse relationship between volatility and the returns of the S&P 500Â Index. It is non-diversified.

What is the expense ratio of DYHG?

Direxion Dynamic Hedge ETF (DYHG) charges an expense ratio of 0.58%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DYHG?

Direxion Dynamic Hedge ETF (DYHG) manages $6.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DYHG actively managed or an index fund?

DYHG is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (DYHG's is 0.58%) because there's no security selection cost.

When was DYHG launched?

Direxion Dynamic Hedge ETF (DYHG) launched in June 2020 and is managed by Direxion.

How has DYHG performed?

DYHG's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.