FLYT

Fund Description
The Direxion Flight to Safety Strategy ETF aims to deliver a simple, yet robust, approach to portfolio risk mitigation from equity market drawdowns while also providing long-term appreciation potential. By combining long-term U.S. treasury bonds, utility stocks, and gold bullion, the ETF may act as a diversified ballast for portfolios while also acting as a source of uncorrelated returns. The Solactive Flight to Safety Index (the "Index") measures the performance of a volatility-weighted basket of gold, U.S. listed large-capitalization utility stocks, and U.S. treasury bonds with remaining maturities of greater than 20 years. The Index rebalances on a quarterly basis such that the weight of each component (U.S. treasury bonds, utility stocks, and gold) will be based on the contribution of the volatility of each component to the overall Index. The least volatile component of the Index, based on each components trailing 5 year volatility measure, will receive the largest weighting.
Fund Profile
Fund Name Direxion Flight to Safety Strategy ETF
Fund Exchange Ticker FLYT
Fund Sponsor Direxion Shares
Fund ISIN US25460G2030
Net Expense Ratio 0.37 %
Fund Inception Date 5 February 2020
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Target Date / Multi-Asset
Index Linked Passive
Index Name Solactive Flight to Safety Index
Index Provider Solactive AG
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Key Statistics
Return As of Date 24 September 2021
Asset Under Management 14.74 Million (USD)
1 Month Total Return -2.04 %
Year To Date Return -3.67 %
1 Year Total Return -3.35 %
3 Year Annualized Total Return
NAV 49.119
Share Outstanding 300,001
Top 10 Holdings (24 September 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
ISHARES 20+ YEAR TREASURY BO TLT ETF 0.4743305583
ISHARES GOLD TRUST IAU ETF 0.1148330341
GOLD 100 OZ FUTR Dec21 GCZ1 FUTR 0.0873557759
BANK OF NEW YORK CASH RESERVE MMKT 0.0567787366
NEXTERA ENERGY INC NEE EQUI 0.0424980838
DREYFUS GOVT CASH MGMT MMKT 0.0245574929
DUKE ENERGY CORP DUK EQUI 0.0203585673
SOUTHERN CO/THE SO EQUI 0.0179692382
DOMINION ENERGY INC D EQUI 0.0161322061
EXELON CORP EXC EQUI 0.0129162274