Skip to content

Direxion Daily Industrials Bull 3X ETF

DUSLNYSE ArcaCThis 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.

$76.09−0.55 (−0.72%)

At close: Oct 13, 2026, 4:00 PM

Intraday session: down, 79 prints from 76.64 to 76.09. Range 73.13 to 76.20. Use the arrow keys to read each point.73.0074.0075.0010 AM12 PM2 PM4 PM
Expense ratio
0.98%
Fund size
$42M
1Y total return
+23.1%
Yield · Last 12 months
9.80%
Holdings
91
Avg volume · 30D
0M sh
NAV per share
$76.72
52W range
low $64.94high $106.88
Launched
Filings
SEC EDGAR

The ETF.net DUSL Grade

Based on 4 of 6 pillars

C

Score 52 out of 100

Rank
13 of 31
Six-pillar profile for DUSL. Scores out of 100: Cost 55, Risk 73, Mission not scored, Tradability 32, Holdings not scored, Durability 34. Strongest: Risk (73). Weakest: Tradability (32). Based on 4 of 6 pillars.

Score 52 of 100 falls in the C 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.
    B55 out of 100
    Rank 13 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.
    A73 out of 100
    Rank 2 of 30
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D32 out of 100
    Rank 24 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.
    D34 out of 100
    Rank 25 of 31

Our read on DUSL

ETF.net Research

CLeverage usually points at tech or banks. DUSL points it at the machine floor: planes, rails, machinery and defense, geared to 3x the daily move of the Industrials Select Sector Index and reset every day.

Stated mandate

The fund seeks daily investment results, before fees and expenses, equal to 300% of the performance of the Industrials Select Sector Index.

Why people hold it

  1. 01Fee is 0.98% a year, on the lower side of the 3x bull group, where the typical fund charges more.
  2. 02One lever, one job: 3x the daily move of the Industrials Select Sector Index, roughly 80 US industrial names. No stock picking, no side bets.direxion.com
  3. 03Running since 2017 under Direxion's leveraged lineup, and one of the stronger builds in its 3x bull peer group.

Worth knowing

  1. 01The 3x target resets daily. Hold past a day and compounding takes over, so multi-day results can land well away from 3x the index move, either direction.
  2. 02Trades lightly next to headline 3x names like FAS and UDOW, which can mean wider spreads on the way in and out.
  3. 03One sector, tripled. A routine day for rails, airlines and heavy equipment shows up here three times as loud.

DUSL Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
91
Top-10 weight
81%
Largest holding
Ixi Swap Asset Leg (Ixibcl)21.1%

Sectors

  • Industrials93.4%
  • Technology6.1%
  • Materials0.3%
  • Consumer Discretionary0.2%

Geography

  • United States92.77%
  • Ireland7.07%
  • United Kingdom0.16%
The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Ixi Swap Asset Leg (Ixibcl)21.09%17,071$29M1
002—Ixi Swap Asset Leg (Ixiubl)18.78%15,199$26M1
003—Ixi Swap Asset Leg (Ixijpl)13.83%11,189$19M1
004—Ixi Swap Asset Leg (Ixictl)9.68%7,831$13M1
005—Ixi Swap Asset Leg (Iximll)6.64%5,375$9M1
006—Dreyfus Govt Cash Man Ins4.24%5,860,030$6M108
007—Goldman Finl Sq Trsry Inst 5063.29%4,539,162$5M98
008CATCaterpillar Inc1.48%2,551$2M450
009GEGeneral Electric1.28%5,759$2M405
010GEVGe Vernova Inc1.07%1,478$1M484
011RTXRtx Corp1.01%7,480$1M396
012—Goldman Sachs Fin Gov 465 Institut0.85%1,171,442$1M76
013ETNEaton Corp PLC0.67%2,156$926K333
014UNPUnion Pacific Corp0.66%3,297$918K406
015DEDeere & Co0.63%1,393$865K357

Showing 1–15 of 91 holdings

DUSL Performance

Launched May 3, 2017

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

Not enough history yet.
DUSL$12,306
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. DUSL $12,306. SPY $12,044. Use the arrow keys to read each point.$8,821$13,140$17,460Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

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.

Trailing total return for DUSL. Periods over one year show the average yearly return.
PeriodDUSL
Year to date+13.8%
1 month−5.8%
3 months−22.5%
1 year+23.1%
3 yearsper year+41.0%
5 yearsper year+18.5%
10 yearsFund is under 10 years oldper year—

As of the close, 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 DUSL
YearReturn barDUSL
2026 YTD+13.8%
2025+36.7%
2024+34.9%
2023+37.2%
2022−31.2%
2021+60.7%
2020−20.1%

DUSL in the news

Filtered to DUSL · 3x Leveraged Long · Direxion

DUSL 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 Oct 12, 2026.
9.80%Last 12 months
Payout per share
$7.51Last 12 months
Last payment
$0.0083 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. 36 payments from 2017 to 2026 YTD. Dec 13, 2017 $0.09; Jun 19, 2018 $0.07; Sep 25, 2018 $0.07; Dec 27, 2018 $0.14; Mar 19, 2019 $0.09; Jun 25, 2019 $0.10; Sep 24, 2019 $0.11; Dec 23, 2019 $0.08; Mar 24, 2020 $0.06; Jun 23, 2020 $0.0042; Sep 22, 2020 $0.01; Dec 22, 2020 $0.02; Mar 23, 2021 $0.0062; Jun 22, 2021 $0.0073; Dec 21, 2021 $0.02; Mar 22, 2022 $0.0031; Jun 22, 2022 $0.02; Sep 20, 2022 $0.08; Dec 20, 2022 $0.11; Mar 21, 2023 $0.10; Jun 21, 2023 $0.15; Sep 19, 2023 $0.14; Dec 21, 2023 $0.16; Mar 19, 2024 $0.14; Jun 25, 2024 $0.11; Sep 24, 2024 $0.08; Dec 12, 2024 $3.22; Dec 23, 2024 $0.08; Mar 25, 2025 $0.06; Jun 24, 2025 $0.21; Sep 23, 2025 $0.11; Dec 10, 2025 $7.27; Dec 23, 2025 $0.04; Mar 24, 2026 $0.10; Jun 23, 2026 $0.09; Sep 22, 2026 $0.0083. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Sep 29, 2026$0.0083
Jun 23, 2026Jun 30, 2026$0.09
Mar 24, 2026Mar 31, 2026$0.10
Dec 23, 2025Dec 31, 2025$0.04
Dec 10, 2025Dec 17, 2025$7.27
Sep 23, 2025Sep 30, 2025$0.11
Jun 24, 2025Jul 1, 2025$0.21
Mar 25, 2025Apr 1, 2025$0.06
Dec 23, 2024Dec 31, 2024$0.08
Dec 12, 2024Dec 19, 2024$3.22
Sep 24, 2024Oct 1, 2024$0.08
Jun 25, 2024Jul 2, 2024$0.11

DUSL 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.

How much the fund’s monthly returns vary, scaled to a year.
49.2%
Annualised · 36 months to Sep 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.
0.85
vs 3-month T-bills · to Sep 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.
−58.4%
Trough Sep 2022
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.
2.77
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.

DUSL Cost

Expense ratio0.98%
  • The middle half of 3x Leveraged Long funds
  • Median 0.98%

12 of the 30 3x Leveraged Long funds charge less.

DUSL costs $98.00 a year on $10,000. The median 3x Leveraged Long fund costs $98.50.

Other funds in 3x Leveraged Long