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 7 August 2020
Asset Under Management 6.66 Million (USD)
1 Month Total Return 5.20 %
Year To Date Return 9.39 %
1 Year Total Return
3 Year Annualized Total Return
NAV 53.2779
Share Outstanding 125,001
Top 10 Holdings (7 August 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
APPLE INC AAPL EQUI 0.1644547136
AMAZON.COM INC AMZN EQUI 0.0789911125
FACEBOOK INC-CLASS A FB EQUI 0.0765827925
VERTEX PHARMACEUTICALS INC VRTX EQUI 0.0644290795
MICROSOFT CORP MSFT EQUI 0.0449129062
BERKSHIRE HATHAWAY INC-CL B BRK/B EQUI 0.0427682052
NVIDIA CORP NVDA EQUI 0.0368133174
CIGNA CORP CI EQUI 0.0352823693
VISA INC-CLASS A SHARES V EQUI 0.0338062224
MASTERCARD INC - A MA EQUI 0.0269061755