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Non-Leveraged ETFs

Direxion Moonshot Innovators ETF

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.

MOON

NAV (Net Asset Value)$11.10As of Mar 04, 2024
1 Day NAV change$-0.14(-1.23%)As of Mar 04, 2024
Intra-day Value
MOON.IV
Daily NAV
$11.10
Daily Market Price
$10.96
Expense Ratio
(gross/net %)
0.65 / 0.65*
Daily Volume
13,358
Security Identifier
25460G732
Inception Date
Nov 12, 2020

Operational Updates

  • 01/23/2024
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Documents & Downloads

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.

Pricing & Performance

NAV and Market Price information as of 03/04/2024.

MOON Direxion Moonshot Innovators ETF
Net Asset Value (NAV)
$11.10Nav
$-0.14Change
-1.23%Change
Market Price Closing
$10.96Market
$-0.21Change
-1.88%Change
Premium / Discount
$-0.14Change from Last Day Trading
Premium/Discount tool
Loading chart...
1M3MYTD1Y3Y5Y10YSince
Inception
Expense Ratio*
(Gross / Net%)
Inception
Date
MOON NAV
13.37
12.38
-2.20
-7.23
-35.46
-21.10
0.65 / 0.65*
11/12/2020
MOON Market Close
13.70
12.36
-2.20
-7.15
-35.43
-21.06
0.65 / 0.65*
11/12/2020

As of February 29, 2024

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. For the most recent month-end performance please visit the fund’s website at direxion.com.

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.

Index Information

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 invest directly in an index.

Index Top Ten Holdings

% of Total
Aurora Innovation Inc Class A
3.48%
4D Molecular Therapeutics Inc
2.79%
Innoviz Technologies Ltd
2.78%
Recursion Pharmaceuticals Class A
2.61%
Luminar Technologies Class A
2.56%
Ginkgo Bioworks Holdings Inc
2.56%
Unity Software
2.55%
Coinbase Global Class A
2.54%
Sofi Technologies Inc
2.48%
Allogene Therapeutics Inc
2.46%

Index Sector Weightings

% of Total
Information Technology
37.02%
Health Care
22.01%
Industrials
12.65%
Financials
9.59%
Consumer Discretionary
8.34%
Communication Services
7.84%
Materials
2.56%
Index data as of 12/31/2023. Index sector weightings and top holdings are subject to change.

View Daily Fund Holdings

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 (%)
Biotechnology 20.65
Application Software 11.65
Internet Services & Infrastructure 8.66
Electronic Equipment & Instruments 7.07
Interactive Media & Services 5.80
Consumer Finance 4.83
Automobile Manufacturers 4.32
Aerospace & Defense 4.32
Semiconductors 4.28
System Software 3.37
Electrical Components & Equipment 2.86
Automobile Parts & Equipment 2.56
Specialty Chemicals 2.56
Financial Exchanges & Data 2.54
Investment Banking & Brokerage 2.22
Interactive Home Entertainment 2.04
Technology Hardware, Storage & Peripherals 2.00
Construction Machinery & Heavy Transportation Equipment 1.75
Research & Consulting Services 1.66
Environmental & Facility Services 1.52
Broadline Retail 1.46

Source: S&P Kensho Indices as of 12/31/2023.

 

Distributions

Record DateEx DatePay DateIncome DividendShort-Term Capital GainLong-Term Capital Gain
12/22/202312/21/202312/29/20230.01561
09/20/202309/19/202309/26/20230.13011
06/22/202306/21/202306/28/20230.01499
Record Date12/22/2023
Ex Date12/21/2023
Pay Date12/29/2023
Income Dividend0.01561
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/20/2023
Ex Date09/19/2023
Pay Date09/26/2023
Income Dividend0.13011
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/22/2023
Ex Date06/21/2023
Pay Date06/28/2023
Income Dividend0.01499
Short-Term Capital Gain
Long-Term Capital Gain

Documents

How to Buy

ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.

We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.

Please note, your advisor or broker may charge commissions or other transaction fees.If you have any questions specific to Direxion products, please contact us direct at [email protected] or 866-476-7523.

Operational Updates

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