ELIS ETF — Direxion Daily LLY Bear 1X Shares

Direxion Daily LLY Bear 1X Shares (ELIS)

ELIS is an ETF that tracks the Eli Lilly and (LLY). As of August 19, 2026, its distribution rate is 4.98%, its trailing-12-month yield is 3.18%, its expense ratio is 1.01%. Fund total return is 1.3% over the past 1.4 years, 43.0 points behind LLY at 44.3%.

At the current 4.98% distribution rate, a $10,000 investment would generate approximately $498 per year, or $41.50 per month on an equivalent basis. Actual quarterly payments vary.

This ETF seeks daily inverse exposure to Eli Lilly and Company (LLY) through financial instruments including swaps and options, delivering 1X short performance on a daily basis. It carries a modest current distribution rate paid quarterly and has an expense ratio of 1.01%. This fund appeals to traders and investors seeking short-term bearish exposure to LLY or those using it as a hedging tool within a broader portfolio.

ELIS performance versus LLY

Data as of August 19, 2026.

Fund total return is 1.3% over the past 1.4 years, 43.0 points behind LLY at 44.3%. Its deepest 1-year drawdown was 39.6%.

ELIS key facts

Data as of August 19, 2026.

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

03/25/2025

Expense ratio

1.01%

Distribution rate

4.98%

Distribution frequency

Quarterly

Trailing yield

3.18%

Last close

$24.80

AUM

$2,403,575

Average volume

194762.0

Last dividend

$0.6173

Ex-dividend date

12/23/2025

Payment date

12/31/2025

How Dividend Vision calculates yield and returns

Distribution rate (4.98%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.18%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Direxion; Index: Eli Lilly and (LLY); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ELIS risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed LLY over the available window. The deepest 1-year drawdown on record here is 39.6%.

Who may consider ELIS — and who may not

ELIS may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (ELIS pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching LLY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Direxion.