Market Data
Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) is an exchange-traded fund. The fund holds $297M in assets.
Distributions
Direxion Daily Aerospace & Defense Bull 3X Shares paid $0.071 per share over the last 12 months, a trailing 12-month distribution yield of 0.17% at the current price. It pays quarterly. Special distributions of $5.55 in the same period are not counted in the yield.
| Ex-date | Amount | Type |
|---|---|---|
| Sep 22, 2026 | $0.012 | Regular |
| Jun 23, 2026 | $0.021 | Regular |
| Mar 24, 2026 | $0.038 | Regular |
| Dec 10, 2025 | $5.55 | Special |
| Sep 23, 2025 | $0.051 | Regular |
| Jun 24, 2025 | $0.057 | Regular |
| Mar 25, 2025 | $0.024 | Regular |
| Dec 23, 2024 | $0.094 | Regular |
Yield counts regular payments only and is computed from paid distributions and the latest close; it is not the SEC 30-day yield. The next ex-date is estimated from the payment schedule.
Behaviour On Record
Direxion Daily Aerospace & Defense Bull 3X Shares is currently running 65.3% annualised volatility over the last 21 sessions. Measured against DFEN's own 9 years of daily returns rather than a market-wide average, that is the 68th percentile — a little above its own norm, against a typical reading of 54.3%.
DFEN is trading -49.6% below its running peak. Across 9 full years on file, its median worst-drawdown-in-a-year was -41.5%, and the deepest was -90.9% in 2020. The current drawdown is already deeper than this fund's typical annual low point, which puts it in the part of its range where past recoveries began, and where past declines also continued.
Price sits -28.8% from its 200-day moving average. Against every other day in its history, that gap ranks at the 11th percentile — a narrower gap than it typically runs. Over the past year DFEN closed higher on 47% of sessions, and it is currently 2 sessions into a falling streak.
On November specifically: over 9 years of records, DFEN finished the month higher 6 of 9 times, with a median return of +10.5% and an average of +11.2%. Its strongest month historically has been November at +11.2% on average, its weakest March at -12.3%.
Overnight risk is measurable too: DFEN has opened more than 2% away from the prior close in 479 of 2,391 sessions (20.0% of the time), with the largest gaps running +20.9% and -18.8%.
All figures computed from 2,392 daily closes between 2017-05-03 and 2026-11-05, split-adjusted, recomputed daily. Percentiles are against DFEN's own 10-year history, not a peer group or index.
News & sentiment
DFEN fell 6.5% over the month to Nov 5.
Technical analysis
On the daily chart DFEN ranks at the 9th percentile for momentum against 1,060 stocks and ETFs, a bearish reading.
Institutional ownership
4 of the 13 tracked managers added to DFEN in their latest 13F and 7 trimmed. Together their positions are worth $10.3M.
Discover more
Over the six months to Nov 5, DFEN returned −25.7%. Of the 15 related ETFs, 8 did better, led by MSFU at +52.0%.
