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Zacks Investment Research
Standard & Poor's
U.S. News evaluated 29 Bear Market Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -40.05 percent over the past year, -28.70 percent over the past three years, and -43.40 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||-3.1%|
|3 Years (Annualized)||-28.7%|
|5 Years (Annualized)||-43.4%|
|10 Years (Annualized)||N/A|
The investment seeks monthly investment results, before fees and expenses, of 200% of the inverse (or opposite) of the calendar month performance of the S&P 500® Index. The fund, under normal circumstances, invests at least 80% of its assets in the equity securities that comprise the index and/or financial instruments that, in combination, provide leveraged and unleveraged exposure to the index with the fund creating short positions. The index is a capitalization-weighted index composed of 500 common stocks. Standard & Poor's® selects the 500 stocks comprising the index on the basis of market values and industry diversification. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Direxion Monthly SP 500 Bear 2X Fund has an expense ratio of 1.90 percent.
Risk is N/A compared to funds in the same category according to Morningstar.