The Direxion Shares ETF, known for its high volatility and leveraging options, has exhibited significant variance in performance across different timeframes. The ETF has recently shown a substantial weekly gain of 36.25%, despite a stark quarterly drop of 61.42% and a negative monthly performance. The mixed performance, combined with a high beta of 2.60, suggests substantial market sensitivity and potential for large swings, influenced by prevailing market conditions and investor sentiment.