UTSL
NAV (Net Asset Value)$18.48As of Feb 20, 2024
1 Day NAV change$-0.08(-0.44%)As of Feb 20, 2024
Daily Target
+300%
Expense Ratio
(gross/net %)
Inception Date
May 03, 2017
Operational Updates
- 01/23/2024
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Documents & Downloads
- UTSL Fact Sheet (pdf)
- Direxion ETFs List (pdf)
- Prospectus
- Daily Fund Holdings (csv)
This leveraged ETF seeks a return that is 300% of the return of its benchmark indexfor a single day. The fund should not be expected to provide three times the return of the benchmark’s cumulative return for periods greater than a day.
Pricing & Performance
NAV and Market Price information as of 02/20/2024.
UTSL
Direxion Daily Utilities Bull 3X Shares
Net Asset Value (NAV)
Market Price Closing
$18.51Market
$-0.05Change
-0.27%Change
Premium / Discount
$+0.03Change from Last Day Trading
Premium/Discount tool
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| 1M | 3M | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Expense Ratio* (Gross / Net%) | Inception Date | |
|---|---|---|---|---|---|---|---|---|---|---|
| UTSL NAV | 1M -10.30 | 3M 6.31 | YTD -10.30 | 1Y -37.59 | 3Y -8.43 | 5Y -5.66 | 10Y — | Since -1.77 | Expense Ratio* 1.10 / 1.00* | Inception 05/03/2017 |
| UTSL Market Close | 1M -10.17 | 3M 6.56 | YTD -10.17 | 1Y -37.41 | 3Y -8.38 | 5Y -5.89 | 10Y — | Since -1.84 | Expense Ratio* 1.10 / 1.00* | Inception 05/03/2017 |
As of January 31, 2024
The Primary Listing Exchange is the NYSE Arca, Inc.
*The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.95%. The Fund’s adviser, Rafferty Asset Management, LLC (“Rafferty”) has entered into an Operating Expense Limitation Agreement with the Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse the Fund for Other Expenses through September 1, 2024, to the extent that the Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the fund’s website at direxion.com.
Short-term performance, in particular, is not a good indication of a fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.
Index Information
The Utilities Select Sector Index (IXUTR) is provided by S&P Dow Jones Indices and includes domestic companies from the utilities sector which includes the following industries: electric utilities; multi-utilities; water utilities; independent power producers and energy trades; and gas utilities. One cannot invest directly in an index.
Index Top Ten Holdings
| % of Total | |
|---|---|
| Nextera Energy | % of Total 13.30 % |
| Southern | % of Total 8.16 % |
| Duke Energy | % of Total 7.98 % |
| Sempra Energy | % of Total 5.02 % |
| American Electric Power | % of Total 4.56 % |
| Dominion Energy | % of Total 4.20 % |
| PG&E | % of Total 4.11 % |
| Constellation Energy Corporation | % of Total 3.99 % |
| Exelon Corporation | % of Total 3.81 % |
| Xcel Energy | % of Total 3.65 % |
Index Sector Weightings
| % of Total | |
|---|---|
| Electric Utilities | % of Total 66.02 % |
| Multi-Utilities | % of Total 28.02 % |
| Water Utilities | % of Total 2.74 % |
| Gas Utilities | % of Total 1.84 % |
| Independent Power and Renewable Electricity Producers | % of Total 1.38 % |
Index data as of 12/31/2023. Index sector weightings and top holdings are subject to change.
View Daily Fund Holdings
Strategy & Benefits
You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.
Whether you’re a bull or a bear, Direxion is with you. Our leveraged ETFs are powerful tools built to help you:
- Magnify your short-term perspective with daily 3X leverage
- Go where there’s opportunity, with bull and bear funds for both sides of the trade; and
- Stay agile – with liquidity to trade through rapidly changing markets
Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.
Distributions
| Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain |
|---|---|---|---|---|---|
| 12/22/2023 | 12/21/2023 | 12/29/2023 | 0.18902 | — | — |
| 09/20/2023 | 09/19/2023 | 09/26/2023 | 0.14373 | — | — |
| 06/22/2023 | 06/21/2023 | 06/28/2023 | 0.12198 | — | — |
| 03/22/2023 | 03/21/2023 | 03/28/2023 | 0.30893 | — | — |
| 12/21/2022 | 12/20/2022 | 12/28/2022 | 0.01521 | — | — |
| 09/21/2022 | 09/20/2022 | 09/27/2022 | 0.15636 | — | — |
| 06/23/2022 | 06/22/2022 | 06/29/2022 | 0.12924 | — | — |
| 03/23/2022 | 03/22/2022 | 03/29/2022 | 0.08896 | — | — |
Record Date12/22/2023 Ex Date12/21/2023 Pay Date12/29/2023 Income Dividend0.18902 Short-Term Capital Gain— Long-Term Capital Gain— Record Date09/20/2023 Ex Date09/19/2023 Pay Date09/26/2023 Income Dividend0.14373 Short-Term Capital Gain— Long-Term Capital Gain— Record Date06/22/2023 Ex Date06/21/2023 Pay Date06/28/2023 Income Dividend0.12198 Short-Term Capital Gain— Long-Term Capital Gain— Record Date03/22/2023 Ex Date03/21/2023 Pay Date03/28/2023 Income Dividend0.30893 Short-Term Capital Gain— Long-Term Capital Gain— Record Date12/21/2022 Ex Date12/20/2022 Pay Date12/28/2022 Income Dividend0.01521 Short-Term Capital Gain— Long-Term Capital Gain— Record Date09/21/2022 Ex Date09/20/2022 Pay Date09/27/2022 Income Dividend0.15636 Short-Term Capital Gain— Long-Term Capital Gain— Record Date06/23/2022 Ex Date06/22/2022 Pay Date06/29/2022 Income Dividend0.12924 Short-Term Capital Gain— Long-Term Capital Gain— Record Date03/23/2022 Ex Date03/22/2022 Pay Date03/29/2022 Income Dividend0.08896 Short-Term Capital Gain— Long-Term Capital Gain— | |||||
Documents
Fund Documents
- UTSL Fact Sheet (pdf)
- Direxion ETFs List (pdf)
- Prospectus
- Daily Fund Holdings (csv)
How to Buy
ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.
We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.
Please note, your advisor or broker may charge commissions or other transaction fees.If you have any questions specific to Direxion products, please contact us direct at [emailprotected] or 866-476-7523.
