Frequently Asked Questions About SAGG

What does SAGG invest in?

The investment seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the daily performance of the Bloomberg Barclays Capital US Aggregate Bond Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index measures the performance of the investment grade, U.S. Dollar denominated, fixed-rate taxable bond market. The fund is non-diversified.

What is the expense ratio of SAGG?

Direxion Daily Total Bond Market Bear 1X Shares (SAGG) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.

Is SAGG a good long-term hold?

SAGG is a inverse fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does SAGG's daily reset work?

SAGG rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is SAGG?

Direxion Daily Total Bond Market Bear 1X Shares (SAGG) manages $2.9M 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 SAGG actively managed or an index fund?

SAGG's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

SAGG (Direxion Daily Total Bond Market Bear 1X Shares) is no longer actively trading.

This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.

SAGG

Direxion Daily Total Bond Market Bear 1X Shares

AMEX·Asset Management, Bonds · Financial Services

$28.64$0.03−0.10%

Market closed·Mar 27 4:29 PM UTC

Price Chart

$28.64−$0.03 (−0.10%)today

+0.00%

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FromTo

Mar 23, 2011Aug 23, 2021 → Aug 23, 2026· 5.0 yrsAug 23, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)—

Distribution Yield (FWD)—

Annual Distribution (TTM)—

Distribution Yield (TTM)—

Distribution Growth (5Y)—

FrequencyQuarterly

Most Recent—

Ex-Dividend Date—

Payment Date—

Cost & RiskExpenses Tab

Expense Ratio0.49%

Cost per 10k Invested$49.00

AUM$2.87M

Avg Daily Volume674.00

Price$28.64

NAV$28.64

Premium / Discount+0.00%

52-Week Range$28.04 – $32.51

Beta−1.01

Fund Overview

Cost Verdict

Is SAGG's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: Direxion
Asset Class: Equity
Strategy: Inverse
Inception: March 23, 2011
Fund Type: ETF
Domicile
Currency: USD
ISIN
CUSIP

Peers

Peers Tab

PASS

Direxion Daily Cnsmr Discret Bear 3XShrs

Cap

$2.8M

ESCR

Xtrackers Bloomberg US Investment Grade Corporate ESG ETF

Cap

$2.7M

EVEN

Direxion Daily S&P 500 Equal Weight Bull 2X Shares

Cap

$2.9M

Latest News

News Tab

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Frequently Asked Questions About SAGG

What does SAGG invest in?: The investment seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the daily performance of the Bloomberg Barclays Capital US Aggregate Bond Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index measures the performance of the investment grade, U.S. Dollar denominated, fixed-rate taxable bond market. The fund is non-diversified.
What is the expense ratio of SAGG?: Direxion Daily Total Bond Market Bear 1X Shares (SAGG) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.
Is SAGG a good long-term hold?: SAGG is a inverse fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.
How does SAGG's daily reset work?: SAGG rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.
How big is SAGG?: Direxion Daily Total Bond Market Bear 1X Shares (SAGG) manages $2.9M 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 SAGG actively managed or an index fund?: SAGG's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.