Snapshot*
Top 10 Holdings
What is PILL?
The Direxion Daily Pharmaceutical & Medical Bull 3X Shares seek daily investment results, before fees and expenses of 300% of the performance of the S&P Pharmaceuticals Select Industry Index. The S&P Pharmaceuticals Select Industry Index is a modified equal-weighted index that is designed to measure performance of the stocks comprising the S&P Total Market Index that are classified in the Global Industry Classification Standard (GICS) pharmaceuticals sub-industry. To be eligible for inclusion in the Index, stocks must satisfy one of the following combined size and liquidity criteria: (1) have a float-adjusted market capitalization above $300 million with a float-adjusted liquidity ratio (defined by dollar value traded over the previous 12 months divided by the float-adjusted market capitalization as of the Index rebalancing reference date) above 50%; (2) have a float-adjusted market capitalization above $500 million with a float-adjusted liquidity ratio above 90%; or (3) have a float-adjusted market capitalization above $400 million with a float-adjusted liquidity ratio above 150%. The Index is rebalanced quarterly.
PILLPerformance Measures**
for the time period Nov 15, 2017 to Aug 6, 2026
1M Trailing Return: 11.2%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: 46.2%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -88.8%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 64.0%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 0.31
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: -0.01
The annualized return divided by the max drawdown for the selected time period.
ETFs related toPILL
ETFs correlated to PILL include XPH, CVRD, IBB
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Trading Strategies
Related toPILL
Aggressive Battleship III/ Sort WM 74
Category
Tactical allocation, trend-following, momentum, multi-asset, leveraged ETFs, crash hedging, commodities, volatility filter
OOS Cumulative Return
280.6%
FTLT V5 W/ Frontrunner V4 + Aggressive Battleship V2 WM74
Category
Tactical multi-asset, trend + mean reversion, volatility hedge, leveraged/inverse ETFs, daily rebalance
OOS Cumulative Return
276.48%
Create your own algorithmic trading strategy with PILL using Composer
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.