Expense Ratio History

DXSLX expense ratio history

Direxion Monthly S&P 500(R) Bull 1.75X Fund, Investor Class

Fund company
Direxion
Type
Mutual fund

1.49%

In basis points
149 basis points
Yearly cost per $10,000
$149
Prospectus dated
29 December 2025, filed with the SEC; rounded to 0.01%
Last change
Raised from 1.40% on 29 December 2025

Fee over time

DXSLX expense ratio: 1.93% until 29 Aug 2012, then 1.92%; 1.92% until 28 Dec 2012, then 1.90%; 1.90% until 27 Dec 2013, then 1.35%; 1.35% until 29 Dec 2015, then 1.41%; 1.41% until 29 Dec 2016, then 1.49%; 1.49% until 28 Dec 2018, then 1.48%; 1.48% until 27 Dec 2019, then 1.44%; 1.44% until 29 Dec 2021, then 1.38%; 1.38% until 29 Dec 2022, then 1.42%; 1.42% until 29 Dec 2023, then 1.51%; 1.51% until 27 Dec 2024, then 1.40%; 1.40% until 29 Dec 2025, then 1.49%; read at 1.49% on 29 Dec 2025.0.00%1.00%2.00%3.00%Sep 2011Feb 2014Jul 2016Dec 2018May 2021Oct 20231.93% before1.49% from 29 Dec 2025
DXSLX expense ratio: 1.93% until 29 Aug 2012, then 1.92%; 1.92% until 28 Dec 2012, then 1.90%; 1.90% until 27 Dec 2013, then 1.35%; 1.35% until 29 Dec 2015, then 1.41%; 1.41% until 29 Dec 2016, then 1.49%; 1.49% until 28 Dec 2018, then 1.48%; 1.48% until 27 Dec 2019, then 1.44%; 1.44% until 29 Dec 2021, then 1.38%; 1.38% until 29 Dec 2022, then 1.42%; 1.42% until 29 Dec 2023, then 1.51%; 1.51% until 27 Dec 2024, then 1.40%; 1.40% until 29 Dec 2025, then 1.49%; read at 1.49% on 29 Dec 2025.0.00%1.00%2.00%3.00%Sep 2011Jul 2016May 20211.93% before1.49% from 29 Dec 2025
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Every figure we've recorded

DateFeeWhat happened
29 Dec 2025 1.49% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-12-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Dec 2025 1.49% Raised from 1.40% to 1.49%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-12-23
27 Dec 2024 1.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-12-27 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
27 Dec 2024 1.40% Cut from 1.51% to 1.40%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-12-26
29 Dec 2023 1.51% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-12-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Dec 2023 1.51% Raised from 1.42% to 1.51%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-12-21
29 Dec 2022 1.42% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-12-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Dec 2022 1.42% Raised from 1.38% to 1.42%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-12-23
1 Aug 2022 1.38% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-08-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Dec 2021 1.38% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-12-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Dec 2021 1.38% Cut from 1.44% to 1.38%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-12-22
29 Dec 2020 1.44% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-12-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
27 Dec 2019 1.44% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-12-27 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
27 Dec 2019 1.44% Cut from 1.48% to 1.44%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-01-10
28 Dec 2018 1.48% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-12-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Dec 2018 1.48% Cut from 1.49% to 1.48%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-01-07
29 Dec 2017 1.49% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-12-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Dec 2016 1.49% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-12-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Dec 2016 1.49% Raised from 1.41% to 1.49%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-01-17
29 Dec 2015 1.41% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-12-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Dec 2015 1.41% Raised from 1.35% to 1.41%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-01-12
29 Dec 2014 1.35% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-12-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
27 Dec 2013 1.35% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-12-27 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
27 Dec 2013 1.35% Cut from 1.90% to 1.35%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-01-10
28 Dec 2012 1.90% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-12-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Dec 2012 1.90% Cut from 1.92% to 1.90%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2013-01-17
29 Aug 2012 1.92% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2012 1.92% Cut from 1.93% to 1.92%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2012-09-18
29 Dec 2011 1.93% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-12-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2011 1.93% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.49% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,789 in fees over 10 years

After fees, $10,000 grows to $14,069.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$153
3 years$474
5 years$819
10 years$1,789

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 18 prospectuses for this share class since 2011. Each one is listed above with a link to the filing.

How we read fees

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