(DFEN) Direxion Daily Aerospace - Ratings and Ratios

The Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) is a leveraged exchange-traded fund (ETF) designed to provide 3X daily returns relative to the performance of the aerospace and defense sector in the U.S. equity market. The fund achieves this by investing at least 80% of its net assets (including borrowing for investment purposes) in financial instruments such as swap agreements, ETFs, and securities tied to the underlying index. The index it tracks represents companies engaged in the research, development, production, and distribution of aerospace and defense-related products and services. DFEN is classified as a non-diversified fund, meaning it can concentrate its holdings in a smaller number of securities, which may amplify risk and potential returns.

From a technical standpoint, DFEN has shown moderate trading activity with an average 20-day volume of 184,278 shares. The funds price of $31.12 reflects a recent dip below its 20-day simple moving average (SMA) of $32.17, while remaining above its 50-day SMA of $30.79 and 200-day SMA of $29.03. This indicates short-term weakness but longer-term strength. The Average True Range (ATR) of 1.55 suggests manageable volatility. With assets under management (AUM) of $182.30 million, DFEN maintains a stable presence in the leveraged ETF space.