Direxion S&P PR 500 DRRC Volatility Response Shares (VSPY)

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Fund Description

The investment seeks investment results, before fees and expenses, that track the S&P 500® Dynamic Rebalancing Risk Control Index. The fund invests at least 80% of its net assets in the securities that comprise the index and/or investments that have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to respond to the volatility of the S&P 500® Index. The fund may invest up to 20% of its assets in financial instruments in order to gain exposure to the component securities in the index. It is non-diversified.

Fund Snapshot Updated 05.17.2013

Previous Close $50.49 Expense Ratio 0.65%
YTD Return 17.9% Avg. 30-Day Volume 5,638
1-Year Return 30.0% Market Cap Loading...
Bid $50.48 Shares Outstanding 100,000
Ask $50.50 Dividends $0.70
Top Holdings
Spdr S&P 500 Trust (SPY) 100.00%
% of Total Holdings 100.00%

Sector Breakdown

Geographic Breakdown

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