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Leveraged Daily Exposure to the U.S. Aerospace & Defense Sector (DFEN)

Jan 07, 2026 | Team Kalkine

Read Time :10 Mins

Leveraged Daily Exposure to the U.S. Aerospace & Defense Sector (DFEN) — Image source: shutterstock

The Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA: DFEN) seeks to provide three times (3x) the daily performance of the Dow Jones U.S. Select Aerospace & Defense Index, which tracks U.S. companies involved in the manufacture, development, and distribution of aerospace and defense equipment and services.

The ETF achieves this exposure through the use of derivatives such as swaps and futures, rather than holding all index constituents directly. Because leverage is reset daily, performance over periods longer than one trading session can diverge materially from 3x the cumulative return of the underlying index due to daily compounding effects.

How the Leverage Works

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Disclaimer-

The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.

Past performance is not a reliable indicator of future performance.

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