Expand UTSL Menu
UTSL MENU

UTSL ETF Profile


Family: Direxion Shares
Name: Direxion Daily Utilities Bull 3X ETF
Inception Date: 3-May-2017
Termination Date:
Investment Objective: The Fund seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Utilities Select Sector Index (the "Index"). The Index is provided by S&P Dow Jones Indices (the "Index Provider") and includes domestic companies from the utilities sector which includes the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The Fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, securities of the Index, and exchange-traded funds ("ETFs") that track the Index, that, in combination, provide 3X daily leveraged exposure to the Index, consistent with the Fund's investment objective. The financial instruments in which the Fund most commonly invests are swap agreements and futures agreements which are intended to produce economically leveraged investment results.
Prospectus
Top 10 Holdings
Derivatives offset -227.4422%
UTILITIES SELECT SECTOR INDEX SWAP 109.5178%
UTILITIES SELECT SECTOR INDEX SWAP 88.5218%
UTILITIES SELECT SECTOR INDEX SWAP 23.9451%
DREYFUS GOVT CASH MAN INS 19.6992%
NEXTERA ENERGY INC NEE 9.2500%
GOLDMAN SACHS FIN GOV 465 INSTITUT X9USDGLDS 8.3277%
SOUTHERN CO/THE SO 5.3524%
DUKE ENERGY CORP DUK 4.9565%
CONSTELLATION ENERGY CEG 4.5757%
Top 10 Holdings Weight: 46.7%
Number of Holdings: 41
Shares Outstanding: 1,100,001
Total Net Assets: 45,518,040
NAV: 41.34
Net Expense Ratio: 0.97%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy:
Currency:
Commodity:
Sector: Utilities
Industry:
Dividend Type:
Tax Exempt State:
Maturity Duration:
Market Cap: Broad Market / Multi-Cap
Credit Quality:
Mortgage Bond Types:
Bond Type:
Gov't Bond Types:
Reit Type:
Leverage Direction/Factor: Leveraged (3x)
Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes