Direxion Daily Transportation Bull 3X ETF
DThis 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.
$31.56−0.17 (−0.54%)
- 1.12%
- $16M
- +27.8%
- 0.90%
- 0M sh
- $31.88
- low $23.30high $46.82
The ETF.net TPOR Grade
D
Score 28 out of 100
- 25 of 31
Score 28 of 100 falls in the D 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.F18 out of 100Rank 25 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.C47 out of 100Rank 16 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D29 out of 100Rank 25 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.D25 out of 100Rank 27 of 31
Our read on TPOR
DA one-day trade in a work-boots sector: TPOR aims for 300% of the daily move in a transportation index of railroads, airlines, truckers and delivery names. The leverage resets every day, so longer holds drift from 3x.
The fund seeks daily investment results equal to 300% of the S&P Transportation Select Industry FMC Capped Index before fees and expenses. This objective applies for a single day, not as a three-times cumulative return over longer periods.
Why people hold it
- One ticket to 3x the daily swing in roughly 50 transportation stocks instead of stacking a leveraged sector trade yourself.
- The mandate is blunt about itself: 300% of one day's index move before fees, and Direxion states it is not a 3x return over longer periods.direxion.com
- The 1.12% fee sits in the normal range for daily-geared funds, so the narrow sector angle isn't priced as a novelty.
- Live since 2017, a long run for a single-sector geared fund, with a named index behind it rather than a manager's discretion.
Worth knowing
- Daily reset means path matters: over choppy multi-day stretches, results can land well away from 3x the index move in either direction.
- Small asset base and light trading, so spreads and order size matter more here than in the heavily traded geared funds.
- Broader geared funds charge less: FAS runs 0.92% and QLD 0.98%, so the transportation focus is the reason to look here.
TPOR Holdings
- Stocks
- 52
- 86%
- Sptscu Swap Asset Leg (Sptscubcl)
Sectors
- Industrials84.1%
- Technology15.9%
Geography
- United States100.00%
TPOR Performance
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.
TPOR$12,777
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 | TPOR |
|---|---|
| Year to date | +6.5% |
| 1 month | −8.1% |
| 3 months | −27.7% |
| 1 year | +27.8% |
| 3 years | +11.0% |
| 5 years | −2.9% |
| 10 years | — |
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 | TPOR |
|---|---|---|
| 2026 YTD | +6.5% | |
| 2025 | +3.2% | |
| 2024 | −9.1% | |
| 2023 | +54.5% | |
| 2022 | −58.7% | |
| 2021 | +105.2% | |
| 2020 | −7.4% |
TPOR in the news
TPOR Dividends
- 0.90%
- $0.29
- $0.12 per share
- Quarterly
Distribution history
TPOR 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.
- 57.4%
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.
- 0.35
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.
- −74.1%
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.
- 3.69
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TPOR Cost
1.12%
TPOR1.12%
- The middle half of 3x Leveraged Long funds
- Median 0.98%
23 of the 30 3x Leveraged Long funds charge less.
Other funds in 3x Leveraged Long
- DWANTDirexion Daily Consumer Discretionary Bull 3X ETFExpense ratio 1.03%1 year return −21.8%
- DKORUDirexion Daily MSCI South Korea Bull 3X ETFExpense ratio 1.32%1 year return +197.0%
- DUMDDProShares - UltraPro MidCap 400Expense ratio 1.40%1 year return +36.1%
- DPILLDirexion Daily Pharmaceutical & Medical Bull 3X ETFExpense ratio 1.22%1 year return +95.5%
- DYINNDirexion Daily FTSE China Bull 3X SharesExpense ratio 1.34%1 year return −40.6%