Direxion Daily Retail Bull 3X Shares

  • FUND SYMBOL

    RETL

  • DAILY TARGET

    300%

  • INTRA-DAY INDICATIVE VALUE

    RETL.IV

  • BLOOMBERG INDEX

    SPSIRETR

  • CUSIP

    25459W417

  • ISIN

    US25459W4179

  • EXPENSE RATIO (GROSS/NET %)

    1.22 / 1.12*

  • INCEPTION DATE

    Jul 14, 2010

Overview

The Direxion Daily Retail Bull 3X Shares seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P Retail Select Industry Index. There is no guarantee the fund will meet its stated investment objective.

This leveraged ETF seeks a return that is 300% the return of its benchmark index for 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.

Strategy & Benefits

Key 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.

Target Index

The S&P Retail Select Industry Index (SPSIRETR) is a modified equal-weighted index that is designed to measure performance of the stocks comprising the S&P Total Market Index that are classified in the Global Industry Classification Standard (GICS) retail sub-industry. One cannot directly invest in an index.

Index Top Ten Holdings %

Guess 1.75
Finish Line 1.63
DSW 1.49
Dicks Sporting Goods 1.39
Abercrombie & Fitch 1.37
Dollar General 1.36
Foot Locker 1.35
Five Below 1.35
Mens Wearhouse 1.34
Buckle 1.33

Index Sector Weightings %

Specialty Retail 59.22
Internet & Catalog Retail 15.28
Food & Staples Retailing 13.01
Multiline Retail 12.49

Index data as of 03/31/2018. Source: Bloomberg. Index sector weightings and top holdings are subject to change.


Tax Reporting

Supplemental Tax Documents

Pricing and Performance

NAV and Market Price information as of June 20, 2018. Line chart shows pricing trend over the last 30 days.

fund symbol

RETL

  • Net asset value (NAV)

    • 47.56
    • 1.39
    • 3.01
  • market price closing

    • 47.58
    • 1.43
    • 3.09
  • Premium / Discount

    • 0.02

* 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 which Rafferty has contractually agreed to cap all or a portion of its management fee and/or reimburse the Fund for Other Expenses through September 1, 2018, to the extent that the Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s daily net assets other than the following: 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 funds website at direxioninvestments.com.

Short-term performance, in particular, is not a good indication of the 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.

Distributions

  • RETL
  • Daily Retail Bull 3X Shares
Record Date Ex Date Pay Date Income Dividend Short-Term Capital Gain Long-Term Capital Gain
06/20/2018 06/19/2018 06/26/2018 0.06411
03/21/2018 03/20/2018 03/27/2018 0.12895
12/20/2017 12/19/2017 12/27/2017 0.00301
12/22/2016 12/20/2016 12/28/2016 0.00000 0.95133