Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
67.73 USD
-1.29
(-1.869%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 67.50 -0.23 (-0.230%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:30 a.m. EDT
The short-term outlook is bullish due to a confluence of technical recovery and aggressive speculative positioning. After a sharp drop from recent highs, the asset has stabilized near its 200-day average, and options flow reveals a distinct 'gamma squeeze' setup with massive call buying at distant strikes, signaling a bet on a sudden defense sector rally. However, the long-term investment case remains neutral; while the underlying aerospace sector has shown strong multi-year growth, this specific instrument is a leveraged 3x product designed for trading, not holding. The recent price action shows high volatility with a sharp intraday crash, which is typical for leveraged vehicles but introduces significant decay risk over time. Furthermore, the dividend profile is negligible and erratic, with payments that appear inconsistent and insufficient to offset the drag of leverage. Investors should view this as a tactical vehicle for a potential geopolitical spike rather than a core portfolio holding. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.066675 |
| MSTL | 0.070382 |
| AutoETS | 0.070558 |
| AutoARIMA | 0.070990 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 36% |
| H-stat | 1.88 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.322 |
| Excess Kurtosis | -0.91 |
| Attribute | Value |
|---|---|
| Trailing P/E | 32.94 |
As of Aug. 22, 2026, 3:30 a.m. EDT: Speculators are aggressively positioning for a massive gap-up, evidenced by heavy out-of-the-money call volume and open interest at strikes 125 and 130 for October expiration, alongside significant volume at 145. Conversely, put writing is concentrated at lower strikes (60-65), suggesting a floor is expected, but the skew heavily favors upside speculation. Implied volatility is elevated on deep OTM calls, indicating a pricing in of a volatile, potentially explosive move higher.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.03% | 10.06% | 8.17% | 5.49% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-23 | 0.021 | 0.028444 |
| 2026-03-24 | 0.038 | 0.056371 |
| 2025-12-10 | 5.550 | 9.894812 |
| 2025-09-23 | 0.051 | 0.077144 |
| 2025-06-24 | 0.057 | 0.122318 |
| 2025-03-25 | 0.024 | 0.068926 |
| 2024-12-23 | 0.094 | 0.332273 |
| 2024-12-12 | 3.574 | 12.328389 |
| 2024-09-24 | 0.042 | 0.119318 |
| 2024-06-25 | 0.103 | 0.395393 |
| 2024-03-19 | 0.071 | 0.289796 |
| 2023-12-21 | 0.104 | 0.437895 |
| 2023-09-19 | 0.061 | 0.369697 |
| 2023-06-21 | 0.066 | 0.317766 |
| 2023-03-21 | 0.045 | 0.227043 |
| 2022-12-20 | 0.051 | 0.265487 |
| 2022-09-20 | 0.040 | 0.272851 |
| 2021-12-21 | 0.002 | 0.011344 |
| 2021-12-09 | 0.339 | 1.848419 |
| 2021-03-23 | 0.013 | 0.068063 |
| 2020-12-22 | 0.001 | 0.006219 |
| 2020-03-24 | 0.080 | 0.988875 |
| 2019-12-23 | 0.023 | 0.037966 |
| 2019-09-24 | 0.153 | 0.251603 |
| 2019-06-25 | 0.047 | 0.089049 |
| 2019-03-19 | 0.066 | 0.150892 |
| 2018-12-27 | 0.078 | 0.273301 |
| 2018-09-25 | 0.137 | 0.223673 |
| 2018-06-19 | 0.102 | 0.223341 |
| 2017-12-19 | 0.019 | 0.043162 |
| 2017-12-13 | 0.631 | 1.491726 |
| Attribute | Value |
|---|---|
| All Time High | 97.75 |
| All Time Low | 0.27 |
| Ask | 69.11 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 208,710 |
| Average Daily Volume3 Month | 185,968 |
| Average Volume | 185,968 |
| Average Volume10Days | 208,710 |
| Beta3 Year | 2.68 |
| Bid | 67.5 |
| Bid Size | 200 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 69.98 |
| Day Low | 66.827 |
| Dividend Yield | 0.14 |
| Eps Trailing Twelve Months | 2.0560176 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 77.2954 |
| Fifty Day Average Change | -9.565399 |
| Fifty Day Average Change Percent | -0.12375121 |
| Fifty Two Week Change Percent | 15.28511 |
| Fifty Two Week High | 97.75 |
| Fifty Two Week High Change | -30.019997 |
| Fifty Two Week High Change Percent | -0.30710995 |
| Fifty Two Week Low | 53.67 |
| Fifty Two Week Low Change | 14.060005 |
| Fifty Two Week Low Change Percent | 0.2619714 |
| Fifty Two Week Range | 53.67 - 97.75 |
| First Trade Date Milliseconds | 1,493,818,200,000 |
| Five Year Average Return | 0.32481462 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -1.28999 |
| Fullday Change Percent | -1.86901 |
| Fullday Price | 67.5 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,493,769,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index attempts to measure the performance of the aerospace and defense industry of the U.S. equity market. The fund is non-diversified. |
| Long Name | Direxion Daily Aerospace & Defense Bull 3X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_427185794 |
| Nav Price | 69.127 |
| Net Assets | 384,092,672.0 |
| Net Expense Ratio | 0.96 |
| Open | 69.98 |
| Phone | 866-476-7523 |
| Post Market Change | -0.23000336 |
| Post Market Change Percent | -0.33958858 |
| Post Market Price | 67.5 |
| Post Market Time | 1,787,961,555 |
| Previous Close | 69.02 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.28999 |
| Regular Market Change Percent | -1.86901 |
| Regular Market Day High | 69.98 |
| Regular Market Day Low | 66.827 |
| Regular Market Day Range | 66.827 - 69.98 |
| Regular Market Open | 69.98 |
| Regular Market Previous Close | 69.02 |
| Regular Market Price | 67.73 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 188,341 |
| Short Name | Direxion Daily Aerospace & Defe |
| Source Interval | 15 |
| Symbol | DFEN |
| Three Year Average Return | 0.66401863 |
| Total Assets | 384,092,672 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 32.942326 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 22.48007 |
| Trailing Three Month Returns | 22.48007 |
| Triggerable | 1 |
| Two Hundred Day Average | 72.93185 |
| Two Hundred Day Average Change | -5.2018433 |
| Two Hundred Day Average Change Percent | -0.07132471 |
| Type Disp | ETF |
| Volume | 188,341 |
| Yield | 0.0014 |
| Ytd Return | 17.95192 |