The Direxion Breakfast Commodities Strategy ETF (BRKY) seeks investment results, before fees and expenses, that track the S&P GSCI Dynamic Roll Breakfast (OJ 5% Capped) Index. The Index contains a selection of food-based commodities related to a breakfast meal. These food products are quintessential items in almost any household: corn, coffee, lean hogs, OJ frozen concentrate, sugar, and wheat. Each are weighted based on world production, besides OJ which is capped at 5%. There is no guarantee that the fund will achieve its stated investment objective.
|Fund Symbol||Intra-day Value||Benchmark Index||Security Identifier||Expense Ratio (gross/net %)||Inception Date|
|BRKY||BRKY.IV||SPDYBFOP||25460G237||0.80 / 0.80*||Jun 01, 2022|
The Direxion Breakfast Commodities Strategy ETF (BRKY) is designed to give investors access to commodities through a basket of goods. BRKY tracks a unique index created specifically for the fund that takes advantage of the same roll methodology used within the S&P GSCI Dynamic Roll Breakfast (OJ 5% Capped) Index.
Documents & Downloads
The S&P GSCI Dynamic Roll Breakfast (OJ 5% Capped) Index measures the performance of tradeable commodities considered to be breakfast foods (corn, coffee, lean hogs, sugar, Chicago wheat and orange juice) by utilizing monthly futures contracts for such commodities. The Index is world production weighted and designed to reflect the relative significance of each of the commodities to the world economy, except for orange juice which is capped at 5%. One cannot directly invest in an index.
Index Holdings %
|OJ, Frozen Concentrate||4.856|
Source: S&P Global as of 12/31/2022.
Pricing & Performance
NAV and Market Price information as of March 28, 2023. Line chart shows pricing trend over the last 30 days.
- 21.21NAV $
- 0.07Change $
- 0.33Change %
- 21.23Market $
- 0.11Change $
- 0.52Change %
|monthly||1M %||3M %||YTD %||1Y %||3Y %||5Y %||10Y %||Since Inception||Inception Date||Expense Ratio*|
(Gross / Net %)
|NAV||-2.19||-2.51||-3.90||—||—||—||—||-13.55||06/01/2022||0.80 / 0.80*|
|quarterly||1M %||3M %||YTD %||1Y %||3Y %||5Y %||10Y %||Since Inception||Inception Date||Expense Ratio*|
(Gross / Net %)
|NAV||1.45||-0.84||—||—||—||—||—||-10.04||06/01/2022||0.80 / 0.80*|
The Primary Listing Exchange is the NYSE Arca, Inc.
* The Fund’s adviser, Rafferty Asset Management, LLC (“Rafferty”) has entered into an Operating Services Agreement with the Fund. Under this Operating Services Agreement, Rafferty has contractually agreed to pay all expenses of the Fund as long as it is the advisor of the Fund other than the following: management fees, Rule 12b-1 distribution and/or service fees, taxes, swap financing and related costs, dividends or interest on short positions, other interest expenses, brokerage commissions, expenses incurred in connection with any merger or reorganization, acquired fund fees and expenses, and extraordinary expenses. If these expenses were included, the expense ratio would be higher.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized.
Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.
|Record Date||Ex Date||Pay Date||Income Dividend||Short-Term Capital Gain||Long-Term Capital Gain|