|Direxion Daily Basic Matls Bull 3X Shrs|
|The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Materials Select Sector Index.
The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Materials Select Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is provided by Standard & Poor's and includes domestic companies from the following industries: chemicals; metals & mining; paper & forest products; containers & packaging; and construction materials. The fund is non-diversified.|
| ||MATL||Category Avg|
|Annual Report Expense Ratio (net)||0.95%||N/A|
|Annual Holdings Turnover||NaN||N/A|
|Total Net Assets||NaN||N/A|