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Launched · SEC filings

Direxion Daily Regional Banks Bull 3X ETF

DPSTNYSE ArcaDirexionBThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$120.82−9.65 (−7.40%)

At close: Nov 5, 2026, 4:00 PM ET

B69/ 100

Rank 7 of 31 in 3x Leveraged Long

B69/100Rank 7 of 31in3x Leveraged Long
Intraday session: down, 79 prints from 130.47 to 120.82. Range 119.66 to 138.55. Use the arrow keys to read each point.125.00135.0010 AM12 PM2 PM4 PM
Expense ratio
0.92%
Fund size
$310M
1Y total return
+64.2%
Yield · Last 12 months
1.61%
Holdings
178
Avg volume · 30D
238K sh
52W range
low $73.86high $158.88
Launched
Filings
SEC EDGAR

The ETF.net DPST Grade

Based on 4 of 6 pillars

B

Score 69 out of 100

Category
3x Leveraged Long⁠
Rank
7 of 31
Six-pillar profile for DPST. Scores out of 100: Cost 83, Risk 45, Mission not scored, Tradability 70, Holdings not scored, Durability 55. Strongest: Cost (83). Weakest: Risk (45). Based on 4 of 6 pillars.

Score 69 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A83 out of 100
    Rank 6 of 31

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C45 out of 100
    Rank 19 of 31

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A70 out of 100
    Rank 7 of 31

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B55 out of 100
    Rank 13 of 31

Our read on DPST

ETF.net Research

In short

BMost leveraged financial funds hand you the megabanks. DPST goes narrow: 3x the daily move of an index of roughly 150 regional lenders. A single-purpose amplifier on one of the market's most headline-prone groups.

Stated mandate

The fund seeks daily investment results, before fees and expenses, equal to 300% of the performance of the S&P Regional Banks Select Industry Index.

Why people hold it

  • At 0.92% a year it undercuts the typical leveraged fund's fee, and it matches what Direxion charges on its broader financials 3x fund (FAS). No premium for the narrower target.
  • Regional banks trade on their own drivers: deposits, the rate curve, commercial property loans. This is a clean 3x handle on that theme rather than the whole financial sector.
  • The mandate is spelled out, not discretionary: 300% of the S&P Regional Banks Select Industry Index's daily move, before fees and expenses. No stock picking, no manager calls.
  • Running since 2015 across roughly 150 banks, it is one of the better-priced, better-traded builds in the leveraged bull group.

Worth knowing

  • The 3x target resets every day. Over longer holds, especially choppy ones, compounding can pull results well away from 3x the index's move for the whole period.
  • Leverage cuts both ways, and one industry is one storyline: a rate or credit shock tends to hit every regional bank in the basket at once, tripled.
  • Volume is solid but not blue-chip, so spreads can widen when banking headlines hit. Any income arrives quarterly and is incidental to the strategy.

DPST Performance

Launched Aug 19, 2015

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

DPST$16,421
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,478
Nov 4, 2025 to Nov 4, 2026. DPST $16,421. SPY $11,478. Use the arrow keys to read each point.$10,000$15,000$20,000Nov 2025May 2026Nov 2026

Nov 4, 2025 – Nov 4, 2026

Returns run to the Nov 4, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for DPST. Periods over one year show the average yearly return.
PeriodDPST
Year to date+30.8%
1 month+12.7%
3 months−16.0%
1 year+64.2%
3 yearsper year+33.1%
5 yearsper year−24.1%
10 yearsper year−14.2%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for DPST
YearReturn barDPST
2026 YTD+30.8%
2025−5.9%
2024+15.5%
2023−55.8%
2022−54.1%
2021+108.3%
2020−76.6%

DPST in the news

DPST Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 4, 2026.
1.61%Last 12 months
Payout per share
$2.10Last 12 months
Last payment
$0.41 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 37 payments from 2017 to 2026 YTD. Mar 21, 2017 $2.06; Dec 19, 2017 $2.36; Mar 20, 2018 $2.06; Jun 19, 2018 $3.36; Sep 25, 2018 $4.46; Dec 27, 2018 $3.64; Mar 19, 2019 $2.98; Jun 25, 2019 $4.04; Sep 24, 2019 $3.50; Dec 23, 2019 $2.94; Mar 24, 2020 $0.82; Jun 23, 2020 $0.34; Sep 22, 2020 $0.44; Dec 22, 2020 $0.56; Mar 23, 2021 $0.85; Jun 22, 2021 $0.71; Sep 21, 2021 $0.68; Dec 21, 2021 $0.67; Mar 22, 2022 $0.89; Jun 22, 2022 $0.86; Sep 20, 2022 $1.19; Dec 20, 2022 $0.47; Mar 21, 2023 $0.36; Jun 21, 2023 $0.46; Sep 19, 2023 $0.46; Dec 21, 2023 $0.44; Mar 19, 2024 $0.56; Jun 25, 2024 $0.44; Sep 24, 2024 $0.49; Dec 23, 2024 $0.21; Mar 25, 2025 $0.48; Jun 24, 2025 $0.61; Sep 23, 2025 $0.49; Dec 23, 2025 $0.63; Mar 24, 2026 $0.40; Jun 23, 2026 $0.67; Sep 22, 2026 $0.41. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Sep 29, 2026$0.41
Jun 23, 2026Jun 30, 2026$0.67
Mar 24, 2026Mar 31, 2026$0.40
Dec 23, 2025Dec 31, 2025$0.63
Sep 23, 2025Sep 30, 2025$0.49
Jun 24, 2025Jul 1, 2025$0.61
Mar 25, 2025Apr 1, 2025$0.48
Dec 23, 2024Dec 31, 2024$0.21
Sep 24, 2024Oct 1, 2024$0.49
Jun 25, 2024Jul 2, 2024$0.44
Mar 19, 2024Mar 26, 2024$0.56
Dec 21, 2023Dec 29, 2023$0.44

See all 37 payments⁠

$10,000 in DPST 10 years ago paid $673 in dividends.⁠

DPST Risk

Risk pillarC45 out of 100Rank 19 of 31 in 3x Leveraged Long

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
75.9%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.74
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−94.0%
Trough May 2023
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
2.81
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

DPST Cost

Compare DPST and SOXL

Overpaying vs SOXL, cheapest in 3x Leveraged Long

$2,891

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DPST 0.92%

    $17,373

  • SOXL 0.75% Cheapest

    $14,482

$10,000
30 years

Cost over time

  • DPST 0.92%
  • SOXL 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DPST $17,373SOXL $14,482

Year by year

YearDPSTSOXLOverpaying
10$1,627$1,336$291
20$6,138$5,078$1,060
30$17,373$14,482$2,891

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