ETF Selected - Direxion Auspice Broad Commodity Strategy ETF

Company & ETF Information



ETF Key Data

Company NameDirexion Funds
ETF NameDirexion Auspice Broad Commodity Strategy ETF
CountryUSA
Asset ClassCurrency
Market SegmentMixed
CurrencyUSD
ISINUS25460E3071
ETF Category - SpecificCommodities Broad Basket
Underlying Index Name
Morningstar Ratio
Morningstar Sustainability Ratio
Inception Date03/29/2017
Total Expense Ratio0.8%

ETF Description

The index is a rules-based index that attempts to capture upward trends in the commodity markets while minimizing risk during downtrends by tracking a portfolio of commodity futures contracts. The index uses a quantitative methodology to track a diversified portfolio of 12 different commodity futures contracts, or "components." The fund generally will not invest directly in the 12 commodity futures contracts that comprise the index. The fund is non-diversified.