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Direxion Daily LLY Bear 1X Shares (ELIS)

Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
19.19 USD

Short-term: ★★☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 11:52 p.m. EDT

ELIS is a dangerous trap for retail investors; it is a leveraged inverse ETF targeting a long-term bullish position (LLY) that is statistically biased to decay over time due to daily rebalancing mechanics and high h-statistics, rendering it unsuitable for any holding period beyond minutes.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.044513
AutoARIMA0.044513
MSTL0.045094
AutoTheta0.068873

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 43%
H-stat 11.63
Ljung-Box p 0.000
Jarque-Bera p 0.291
Excess Kurtosis -0.87

Dividend Data

Dividend History
Date Dividend Yield %
2025-12-23 0.61729 3.562385
2025-09-23 0.17086 0.681951
2025-06-24 0.22280 0.903997
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 5.14

Info Dump

Attribute Value
All Time High 31.3034
All Time Low 16.4
Ask 19.31
Ask Size 2
Average Daily Volume10 Day 20,421
Average Daily Volume3 Month 19,447
Average Volume 19,447
Average Volume10Days 20,421
Beta3 Year 0.0
Bid 19.17
Bid Size 2
Category Trading--Inverse Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 19.19
Day Low 19.19
Dividend Yield 5.14
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 18.475508
Fifty Day Average Change 0.7144928
Fifty Day Average Change Percent 0.038672432
Fifty Two Week Change Percent -24.011017
Fifty Two Week High 31.3034
Fifty Two Week High Change -12.1133995
Fifty Two Week High Change Percent -0.38696754
Fifty Two Week Low 16.4
Fifty Two Week Low Change 2.790001
Fifty Two Week Low Change Percent 0.17012201
Fifty Two Week Range 16.4 - 31.3034
First Trade Date Milliseconds 1,742,995,800,000
Full Exchange Name NasdaqGM
Fund Family Direxion Funds
Fund Inception Date 1,742,860,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-03-26
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund, under normal circumstances, invests at least 80% of the fund’s net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to LLY, consistent with the fund’s investment objective. The fund is non-diversified.
Long Name Direxion Daily LLY Bear 1X Shares
Market us_market
Market State POST
Max Age 86,400
Message Board Id finmb_1901284051
Nav Price 19.228
Net Assets 2,949,004.0
Net Expense Ratio 1.01
Open 19.035
Phone 866-476-7523
Previous Close 19.19
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.0
Regular Market Change Percent 0.0
Regular Market Day High 19.19
Regular Market Day Low 19.19
Regular Market Day Range 19.19 - 19.19
Regular Market Open 19.035
Regular Market Previous Close 19.19
Regular Market Price 19.19
Regular Market Time 1,775,851,200
Regular Market Volume 9,556
Short Name Direxion Daily LLY Bear 1X ETF
Source Interval 15
Symbol ELIS
Total Assets 2,949,004
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 13.7534
Trailing Three Month Returns 13.7534
Triggerable 1
Two Hundred Day Average 21.688766
Two Hundred Day Average Change -2.498766
Two Hundred Day Average Change Percent -0.115210146
Type Disp ETF
Volume 9,556
Yield 0.0514
Ytd Return 13.7534