Direxion Daily Regional Banks Bull 3X SharesDD

Direxion Daily Regional Banks Bull 3X Shares

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Key stats


Assets under management (AUM)
‪553.98 M‬USD
Fund flows (1Y)
‪−341.11 M‬USD
Dividend yield (indicated)
2.14%
Discount/Premium to NAV
0.1%
Shares outstanding
‪7.27 M‬
Expense ratio
0.90%

About Direxion Daily Regional Banks Bull 3X Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Inception date
Aug 19, 2015
Structure
Open-Ended Fund
Index tracked
S&P Regional Banks Select Industry
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
DPST provides a way for investors to take a 3x leveraged bullish exposure to an equal-weighted index of US regional banks. The fund specifically holds securities from the S&P Total Market Index that are classified under the regional banks sub-industry according to GICS. Its equal-weighting scheme lowers concentration thus, reducing single-name risk. As a geared product with daily resets, DPST is designed as a short-term trading tool and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding. Prior to December 1, 2016, DPST tracked the Solactive US Regional Banks Index.

Classification


Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Regional banks
Strategy
Equal
Geography
U.S.
Weighting scheme
Equal
Selection criteria
Committee
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Cash
Stock breakdown by region
100%
Top 10 holdings

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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DPST trades at 75.02 USD today, its price has fallen −1.46% in the past 24 hours. Track more dynamics on DPST price chart.
DPST net asset value is 74.94 today — it's risen 13.56% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
DPST assets under management is ‪553.98 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
DPST price has risen by 11.57% over the last month, and its yearly performance shows a −1.11% decrease. See more dynamics on DPST price chart.
NAV returns, another gauge of an ETF dynamics, showed a −32.28% decrease in three-month performance and has increased by 2.04% in a year.
DPST fund flows account for ‪−341.11 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DPST invests in stocks. See more details in our Analysis section.
DPST expense ratio is 0.90%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, DPST is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, DPST technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating DPST shows the sell signal. See more of DPST technicals for a more comprehensive analysis.
Yes, DPST pays dividends to its holders with the dividend yield of 2.14%.
DPST trades at a premium (0.10%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
DPST shares are issued by Rafferty Asset Management LLC
DPST follows the S&P Regional Banks Select Industry. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 19, 2015.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.