Tools
Direxion Funds provides you with a suite of tools that can be highly beneficial in implementing active and passive investment strategies. These tools can be applied to strategies that are both specific and non-specific to Direxion Funds.
Correlation Center >
Correlation is a metric which is essential to proper portfolio diversification. The Correlation Center provides dynamic tools such as the Correlation Calculator which can be used to help investors better understand the correlation of the investments within their portfolio, a key component to developing properly diversified investment strategies.
Exposure Targeting Application (ETA) >
The ETA allows you to set a custom exposure target on any of Direxion's leveraged funds. The tool seeks to maintain your targeted exposure by recommending rebalancing trades between your selected Direxion Fund(s) and a Money Market Fund. If properly implemented, the end result may equate to long term performance much more consistent with the fund's stated daily beta target. ETA also provides a "test a scenario" feature, allowing you to test historical scenarios and compare ETA returns to those of traditional leveraged index funds, leveraged ETFs, or a margin account being used to seek leveraged returns. Additionally, this tool has been integrated into Direxion's Group Trading System, allowing trades to be automatically placed on your behalf.
Direxion Tracking Center >
It is important that a fund tracks as closely as possible to its underlying index in order to meet its investment objective. The Tracking Center is a tool that provides transparency into the performance of Direxion's Leveraged Index Funds.
Volatility Tool >
The volatility tool was designed to illustrate to advisors the level of volatility associated with each Direxion Fund. A strong understanding of the volatility levels of underlying investments should lead to better porfolio construction.