Skip to content
etf.net

RETL

GradeCNew York Stock Exchange Arca

Direxion Daily Retail Bull 3X Shares

Leveraged · Leveraged & Inverse · Direxion · Inception 2010-07-14 · SEC filings

This 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.

$7.25−0.27 (−3.52%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 59 prints from 7.52 to 7.25. Range 7.12 to 7.51. Use the arrow keys to read each point.$7.10$7.20$7.40$7.5010 AM12 PM2 PM4 PM
Expense ratio
0.96%
Fund size
$26M
1Y return
−26.1%
Yield · Last 12 months
0.98%
Holdings
85
Volume · 30D
0.5M sh
NAV per share
$7.28
52W range
low $6.49high $11.29

The ETF.net RETL Grade

C

51/ 100

Rank 15 of 31 in 3x Leveraged Long⁠

Confidence Medium

Six-pillar profile for RETL. Scores out of 100: Cost 73, Risk 34, Mission not scored, Tradability 28, Holdings not scored, Durability 38. Strongest: Cost (73). Weakest: Tradability (28). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 51 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 73
    Category rank10/31 · top 32%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 34
    Category rank23/30 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 28
    Category rank23/31 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 38
    Category rank22/31 · mid-pack

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on RETL

ETF.net Research

CRetail, tripled. RETL aims for 300% of the S&P Retail Select Industry Index's daily move, spread across roughly 80 retailers instead of one or two giants. Trading since 2010, and the math resets every day.

Stated mandate

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

Why people hold it

  1. 01Retail gets its own trade: 3x daily exposure to the S&P Retail Select Industry Index, spread across roughly 80 retailers rather than a broad consumer basket.
  2. 02At 0.96% a year, the fee comes in under the typical leveraged bull fund's.
  3. 03The mechanics are spelled out in advance: a stated 300% of one day's index move, reset daily, with no stock picking or manager discretion in the mix.
  4. 04Live since 2010, a long run for a leveraged sector fund, and it changes hands actively during the session.

Worth knowing

  1. 01The 3x math applies to one day. Hold across many days and compounding can pull results well away from three times the index over that stretch, especially in choppy markets.
  2. 02One narrow, cyclical corner of the market at triple speed: swings run far larger than a broad index fund's, in both directions.
  3. 03Assets are small by ETF standards, which matters for trading spreads and for a fund's long-term staying power.

RETL Holdings

As of Sep 22, 2026, 10:02 PM
Asset class
Stocks
Holdings
85
Top-10 weight
80%
Largest holding
SPSIRE SWAP ASSET LEG (SPSIREUBL)29.7%

Sectors

  • Consumer Discr.76.6%
  • Cons. Staples19.3%
  • Communication1.4%
  • Technology1.4%
  • Health Care1.4%

Geography

  • United States98.31%
  • Bermuda1.69%
The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—SPSIRE SWAP ASSET LEG (SPSIREUBL)29.68%2,949$26M1
002—SPSIRE SWAP ASSET LEG (SPSIREBCL)20.06%1,993$17M1
003—SPSIRE SWAP ASSET LEG (SPSIREJPL)10.88%1,081$9M1
004—SPSIRE SWAP ASSET LEG (SPSIRECTL)8.86%880$8M1
005—GOLDMAN FINL SQ TRSRY INST 5063.76%3,261,865$3M100
006—DREYFUS GOVT CASH MAN INS3.63%3,151,341$3M108
007—GOLDMAN SACHS FIN GOV 465 INSTITUT2.03%1,762,975$2M75
008GMEGAMESTOP CORP-CLASS A0.35%13,299$303K129
009OLLIOLLIE'S BARGAIN OUTLET HOLDI0.34%3,655$291K129
010RVLVREVOLVE GROUP INC-A0.33%13,573$287K75
011VSXYVICTORIA'S SECRET & CO0.33%3,493$285K145
012BBYBEST BUY CO INC0.32%3,004$280K330
013KRKROGER CO0.32%4,687$280K318
014BURLBURLINGTON STORES INC0.32%1,105$278K196
015WMKWEIS MARKETS INC0.32%3,793$277K87

Showing 1–15 of 81 holdings

RETL Performance

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

RETL$7,393
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. RETL $7,393. SPY $11,723. Use the arrow keys to read each point.$6,266$9,217$12,169Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 RETL. Periods over one year show the average yearly return.
PeriodRETL
Year to date−17.7%
1 month−14.2%
3 months−10.7%
1 year−26.1%
3 years+12.2%per year
5 years−28.6%per year
10 years−6.6%per 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 RETL
YearReturn barRETL
2026 YTD−17.7%
2025−6.0%
2024+9.6%
2023+33.6%
2022−80.8%
2021+101.0%
2020+63.0%

RETL in the news

ETF.net Research hasn’t filed on RETL yet — coverage lands here as it’s written.

RETL 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 Sep 22, 2026.
0.98%Last 12 months
Payout per share
$0.07Last 12 months
Upcoming payment
$0.02 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 28 payments from 2017 to 2026 YTD. Dec 19, 2017 $0.0012; Mar 20, 2018 $0.05; Jun 19, 2018 $0.03; Sep 25, 2018 $0.02; Dec 27, 2018 $0.01; Mar 19, 2019 $0.04; Jun 25, 2019 $0.03; Sep 24, 2019 $0.03; Dec 23, 2019 $0.0022; Mar 24, 2020 $0.03; Mar 23, 2021 $0.0056; Dec 21, 2021 $0.08; Jun 22, 2022 $0.01; Sep 20, 2022 $0.02; Dec 20, 2022 $0.02; Mar 21, 2023 $0.03; Jun 21, 2023 $0.05; Sep 19, 2023 $0.02; Dec 21, 2023 $0.03; Mar 19, 2024 $0.03; Jun 25, 2024 $0.04; Sep 24, 2024 $0.02; Dec 23, 2024 $0.02; Mar 25, 2025 $0.03; Jun 24, 2025 $0.03; Mar 24, 2026 $0.02; Jun 23, 2026 $0.03; Sep 22, 2026 $0.02. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Pays Sep 29, 2026$0.02
Jun 23, 2026Jun 30, 2026$0.03
Mar 24, 2026Mar 31, 2026$0.02
Jun 24, 2025Jul 1, 2025$0.03
Mar 25, 2025Apr 1, 2025$0.03
Dec 23, 2024Dec 31, 2024$0.02
Sep 24, 2024Oct 1, 2024$0.02
Jun 25, 2024Jul 2, 2024$0.04
Mar 19, 2024Mar 26, 2024$0.03
Dec 21, 2023Dec 29, 2023$0.03
Sep 19, 2023Sep 26, 2023$0.02
Jun 21, 2023Jun 28, 2023$0.05

RETL 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.
62.0%
Annualised · 36 months to Aug 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.
0.33
vs 3-month T-bills · to Aug 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.
−92.0%
Trough Apr 2025
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.
3.37
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.

RETL Cost

Expense ratio0.96%
  • The middle half of 3x Leveraged Long funds
  • Median 0.98%

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

RETL costs $96.00 a year on $10,000. The median 3x Leveraged Long fund costs $98.50.