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Strategic Weight ETFs

MOON

The Direxion Moonshot Innovators ETF seeks investment results, before fees and expenses, that track the S&P Kensho Moonshots Index. There is no guarantee that the fund will achieve its stated investment objective.

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Overview

 

The Direxion Moonshot Innovators ETF offers exposure to the 50 most innovative US companies at the forefront of changing our lives today, and tomorrow, by identifying the companies both pursuing innovation, and having the potential to disrupt existing technologies and/or industries. These 50 companies selected for inclusion are deemed to have the highest “early-stage composite innovation scores” and they span themes and emerging sectors such as smart transportation, clean power, and the human evolution. The early stage composite score is based on a company’s “allocation to innovation” and “innovation sentiment” score.

  • Allocation to Innovation Score: ranking based on the ratio of its research and development expenses to revenue, as compared to other companies in the same industry.
  • Innovation Sentiment Score: conduct a review of a company’s regulatory filings for the previous 12 months for the use of words related to innovation. The Index includes companies utilizing a greater than average variety of innovation terms.
  • May be considered a satellite holding to complement other broader positions within a portfolio.

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Target Index

The S&P Kensho Moonshots Index (KMOON) is comprised of 50 U.S. companies that pursue innovative technologies that have the potential to disrupt existing technologies and/or industries (i.e., moonshot innovators) and are considered to have the highest “early-stage composite innovation scores” which is determined based off a natural language processing review of the constituent company’s latest annual regulatory filing for the use of words and phrases that are related to innovation. The Index is modified equal-weighted, reconstituted annually, and rebalanced semi-annually. One cannot directly invest in an index.

Index Holdings & Sector Weightings

Top Ten Holdings %

NIO Inc. 8.72
Workhorse Group Inc. 6.48
Plug Power Inc. 5.35
Fate Therapeutics Inc. 2.93
Veoneer Inc. 2.92
Bloom Energy Corp. 2.81
Mobile Iron Inc. 2.78
Varonis Systems Inc. 2.76
CrowdStrike Holdings, Inc. 2.56
Virgin Galactic Holdings Inc. 2.43

Sector Holdings %

Information Technology 34.09
Industrials 22.73
Consumer Discretionary 22.38
Health Care 12.91
Communication Services 7.89

Country Holdings %

United States 77.33
China 11.16
Sweden 2.92
Canada 2.30
Switzerland 2.21
Israel 1.98
Netherlands 1.27
Britain 0.83

Source: Bloomberg. Index holdings and weightings are net and as of 9/30/2020 and subject to change.

 

Gain Exposure to Innovative Sub-Themes

The Direxion Moonshot Innovators ETF offers exposure to the most innovative companies at the forefront of radical themes that are changing the way we live our lives today, and tomorrow.

Sub-Sector Weight (%)
Cyber Security 16.70
Genetic Engineering 15.00
Drones 13.30
Autonomous Vehicles 12.70
Cleantech 10.20
Digital Communities 6.60
Smart Grids 4.50
Robotics 3.90
Enterprise Collaboration 3.30
Space 2.50
Distributed Ledger 2.40
Software & Services 2.30
Smart Buildings 1.80
Virtual Reality 1.80
Clean Energy 1.20
Advanced Transport Systems 1.10
Wearables 0.70

Source: Bloomberg


Pricing & Performance

NAV and Market Price information as of Invalid date. Line chart shows pricing trend over the last 30 days. The Primary Listing Exchange is the NYSE Arca, Inc.




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