Direxion Dynamic Hedge ETF (DYHG)
Smooth out the the ride through up and down markets.
The Direxion Dynamic Hedge ETF (DYHG) is a potential core equity holding for your investment portfolio, offering an automatic, built-in hedging methodology that seeks to mitigate volatility risk. By tracking the Salt truVol™ US Large Cap Dynamic Hedge Index, the fund utilizes more dynamic measures of risk, with high levels of precision and responsiveness, to adapt to changing markets. The strategy leverages multiple intraday prices to provide a more accurate and responsive estimate of future volatility, rather than relying only on end-of-day prices containing less information to gauge the near-term volatility environment.
Shares of the Direxion Shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. Market Price returns are based upon the midpoint of the bid/ask spread at 4:15 pm EST (when NAV is normally calculated) and do not represent the returns you would receive if you traded shares at other times. Brokerage commissions will reduce returns. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV. Some performance results reflect expense reimbursements or recoupments and fee waivers in effect during certain periods shown. Absent these reimbursements or recoupments and fee waivers, results would have been less favorable
Risks – Investing involves risk including possible loss of principal. There is no guarantee that the investment strategy will be successful in providing risk mitigation The Fund’s investment in derivatives may pose risks in addition to, and greater than, those associated with directly investing in or shorting securities or other investments. Futures markets are highly volatile and the futures market may increase the Fund’s volatility. Risks of the Fund include, but are not limited to, Index Correlation/Tracking Risk, Index Strategy Risk, Market Disruption Risk, Long/Short Risk, Volatility Risk, Shorting Risk, Derivatives Risk, risks associated with the market capitalizations of the securities in which the Fund may invest, and risks related to investment in a specific industry or sector. Please see the summary and full prospectuses for a more complete description of these and other risks of the Fund.