HIPR

Fund Description
The Direxion High Growth ETF (the Fund ) seeks investment results, before fees and expenses, that track the Russell 1000 Hyper Growth Index (the Index ). The Russell 1000 Hyper Growth Index seeks to identify domestic high growth companies by scoring securities for Quality, Momentum, Value, and Volatility factors and for representing Value or Growth stocks. The Index identifies Growth companies as those that, historically, have had high sales and forecasted high earnings and high cash flow growth relative to increases in share value.
Fund Profile
Fund Name Direxion High Growth ETF
Fund Exchange Ticker HIPR
Fund Sponsor Direxion Shares
Fund ISIN US25460G7658
Net Expense Ratio 0.40 %
Fund Inception Date 11 June 2020
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Factor & Thematic
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Russell 1000 Hyper Growth Index
Index Provider FTSE Russell
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Growth
Continent North America
Key Statistics
Return As of Date 16 April 2021
Asset Under Management 9.81 Million (USD)
1 Month Total Return 7.45 %
Year To Date Return 11.22 %
1 Year Total Return
3 Year Annualized Total Return
NAV 65.376
Share Outstanding 150,001
Top 10 Holdings (16 April 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
AMAZON.COM INC AMZN EQUI 0.1097794441
APPLE INC AAPL EQUI 0.1003719576
NVIDIA CORP NVDA EQUI 0.0634678407
MICROSOFT CORP MSFT EQUI 0.0568909974
FACEBOOK INC-CLASS A FB EQUI 0.0505469599
BERKSHIRE HATHAWAY INC-CL B BRK/B EQUI 0.0482293679
TESLA INC TSLA EQUI 0.0407995968
CIGNA CORP CI EQUI 0.0291886129
ALPHABET INC-CL C GOOG EQUI 0.0221638179
ALPHABET INC-CL A GOOGL EQUI 0.0218217018