Direxion Daily Regional Banks Bull 3X ETF
AThis 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.
$107.15−2.05 (−1.88%)
- 0.92%
- $313M
- +29.9%
- 1.92%
- 0.3M sh
- $107.15
- low $72.66high $158.88
The ETF.net DPST Grade
A
Score 72 out of 100
- 4 of 31
Score 72 of 100 falls in the A 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.A97 out of 100Rank 1 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D38 out of 100Rank 22 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B63 out of 100Rank 10 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B55 out of 100Rank 13 of 31
Our read on DPST
AMost 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.
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 Holdings
- Stocks
- 178
- 76%
- Spsirbk Swap Asset Leg (Spsirbctl)
Sectors
- Financials100.0%
Geography
- United States97.22%
- Puerto Rico2.78%
DPST Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
DPST$12,991
Returns run to the Oct 12, 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.
| Period | DPST |
|---|---|
| Year to date | +9.5% |
| 1 month | −16.5% |
| 3 months | −22.4% |
| 1 year | +29.9% |
| 3 years | +31.1% |
| 5 years | −24.5% |
| 10 years | −15.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DPST |
|---|---|---|
| 2026 YTD | +9.5% | |
| 2025 | −5.9% | |
| 2024 | +15.5% | |
| 2023 | −55.8% | |
| 2022 | −54.1% | |
| 2021 | +108.3% | |
| 2020 | −76.6% |
DPST in the news
DPST Dividends
- 1.92%
- $2.10
- $0.41 per share
- Quarterly
Distribution history
DPST Risk
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.
- 76.9%
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.
- 0.61
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.
- −94.0%
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.
- 2.89
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DPST Cost
0.92%
DPST0.92%
- The middle half of 3x Leveraged Long funds
- Median 0.98%
1 of the 30 3x Leveraged Long funds charge less.
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