Direxion Daily Utilities Bull 3X ETF
$30.09−1.61 (−5.09%)
- Expense ratio
- 0.98%
- Fund size
- $48M
- 1Y return
- −21.2%
- Yield · Last 12 months
- 3.47%
- Holdings
- 40
- Volume · 30D
- 0.1M sh
- NAV per share
- $34.24
- 52W range
The ETF.net UTSL Grade
Score 52 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.BScore 55Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 53Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 51Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 34Category rank
Our read on UTSL
CUtilities are the market's slow lane. UTSL straps 3x the daily move of the Utilities Select Sector Index onto them, turning the defensive sector into a short-horizon trading instrument, at a fee below the typical triple-leveraged fund.
The fund seeks daily investment results, before fees and expenses, equal to 300% of the performance of the Utilities Select Sector Index.
Why people hold it
- A 0.98% expense ratio sits under the median for triple-leveraged funds, so the running cost of the position is lighter than the category norm.
- The leverage rides a transparent, widely followed benchmark: the Utilities Select Sector Index, roughly 40 large-cap US power and water names.direxion.com
- Trading since 2017 with the same 3x daily mandate, through multiple rate cycles, the swing factor for utility stocks.
- Lands in the upper half of its leveraged peer group on cost and day-to-day tradability.
Worth knowing
- The leverage resets every day. Hold longer and compounding takes over, so results can diverge widely from 3x the index's move over that stretch, especially in choppy tape.
- A small asset base and only moderate trading versus the headline leveraged funds, which can show up as wider spreads when you go in or out.
- One sector, few dozen names: a rate move or regulatory shift hits the whole basket at once, and the 3x mechanism magnifies it in both directions.
UTSL Holdings
- Stocks
- 40
- 86%
- IXU SWAP ASSET LEG (IXUUBL)
Sectors
- Utilities100.0%
Geography
- United States100.00%
UTSL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | UTSL |
|---|---|
| Year to date | −20.1% |
| 1 month | −14.2% |
| 3 months | −27.0% |
| 1 year | −21.2% |
| 3 years | +15.1% |
| 5 years | +2.8% |
| 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 | UTSL |
|---|---|---|
| 2026 YTD | −20.1% | |
| 2025 | +29.0% | |
| 2024 | +54.2% | |
| 2023 | −35.5% | |
| 2022 | −14.1% | |
| 2021 | +48.2% | |
| 2020 | −38.7% |
UTSL in the news
ETF.net Research hasn’t filed on UTSL yet — coverage lands here as it’s written.
UTSL Dividends
- 3.47%
- $1.10
- $0.40 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 22, 2026 | Pays Sep 29, 2026 | $0.40 |
| Jun 23, 2026 | Jun 30, 2026 | $0.13 |
| Mar 24, 2026 | Mar 31, 2026 | $0.26 |
| Dec 23, 2025 | Dec 31, 2025 | $0.14 |
| Sep 23, 2025 | Sep 30, 2025 | $0.18 |
| Jun 24, 2025 | Jul 1, 2025 | $0.16 |
| Mar 25, 2025 | Apr 1, 2025 | $0.21 |
| Dec 23, 2024 | Dec 31, 2024 | $0.10 |
| Sep 24, 2024 | Oct 1, 2024 | $0.09 |
| Jun 25, 2024 | Jul 2, 2024 | $0.18 |
| Mar 19, 2024 | Mar 26, 2024 | $0.15 |
| Dec 21, 2023 | Dec 29, 2023 | $0.19 |
UTSL 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.
- 45.3%
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.
- 0.53
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.
- −68.0%
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.
- 1.20
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
UTSL Cost
- The middle half of 3x Leveraged Long funds
- Median 0.98%
12 of the 30 3x Leveraged Long funds charge less.