Key stats
About Direxion Daily Pharmaceutical & Medical Bull 3X Shares
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Inception date
Nov 15, 2017
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
PILL seeks to deliver investment results of 3x the daily performance of the S&P Pharmaceuticals Select Industry Index, a modified equal-weighted index that measures the performance of pharmaceutical companies, as defined by GICS, on the S&P Total Market Index. The fund uses derivatives and swaps to achieve its target exposure. As a levered product with daily resets, PILL is designed as a short-term trading tool and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding. Prior to August 2, 2019, the fund aimed to provide 3x leveraged exposure to the Dynamic Pharmaceutical Intellidex Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Health Technology
Cash
Stocks72.23%
Health Technology72.23%
Bonds, Cash & Other27.77%
Cash27.77%
Stock breakdown by region
North America91.92%
Europe7.00%
Asia1.09%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PILL last dividends amounted to 0.02 USD. The quarter before, the issuer paid 0.01 USD in dividends, which shows a 28.65% increase.
PILL assets under management is 10.08 M USD. It's fallen 4.85% over the last month.
PILL fund flows account for −3.19 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PILL pays dividends to its holders with the dividend yield of 1.50%. The last dividend (Apr 1, 2025) amounted to 0.02 USD. The dividends are paid quarterly.
PILL shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Nov 15, 2017, and its management style is Passive.
PILL expense ratio is 0.97% meaning you'd have to pay 0.97% of your investment to help manage the fund.
PILL follows the S&P Pharmaceuticals Select Industry. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PILL invests in stocks.
PILL price has risen by 3.81% over the last month, and its yearly performance shows a −14.35% decrease. See more dynamics on PILL price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.79% over the last month, showed a −27.37% decrease in three-month performance and has decreased by −16.30% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.79% over the last month, showed a −27.37% decrease in three-month performance and has decreased by −16.30% in a year.
PILL trades at a premium (0.20%) meaning the ETF is trading at a higher price than the calculated NAV.