Direxion Daily Utilities Bull 3X ETF
CThis 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.
$34.50+0.52 (+1.53%)
- 0.98%
- $72M
- −28.1%
- 2.71%
- 0.2M sh
- $33.44
- low $28.21high $55.21
The ETF.net UTSL Grade
C
Score 52 out of 100
- 13 of 31
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 100Rank 13 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.C53 out of 100Rank 15 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C54 out of 100Rank 15 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.D37 out of 100Rank 23 of 31
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
- 88%
- 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.
Not enough history yet.
UTSL$7,188
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 | UTSL |
|---|---|
| Year to date | −14.4% |
| 1 month | −4.7% |
| 3 months | −24.5% |
| 1 year | −28.1% |
| 3 years | +28.1% |
| 5 years | +5.5% |
| 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 | −14.4% | |
| 2025 | +29.0% | |
| 2024 | +54.2% | |
| 2023 | −35.5% | |
| 2022 | −14.1% | |
| 2021 | +48.2% | |
| 2020 | −38.7% |
UTSL in the news
UTSL Dividends
- 2.71%
- $0.92
- $0.40 per share
- Quarterly
Distribution history
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
0.98%
UTSL0.98%
- The middle half of 3x Leveraged Long funds
- Median 0.98%
12 of the 30 3x Leveraged Long funds charge less.
Other funds in 3x Leveraged Long
- CTMFDirexion Daily 20+ Year Treasury Bull 3X ETFExpense ratio 1.01%1 year return −35.5%
- CDUSLDirexion Daily Industrials Bull 3X ETFExpense ratio 0.98%1 year return +23.1%
- CWEBLDirexion Daily Dow Jones Internet Bull 3X SharesExpense ratio 0.96%1 year return +2.0%
- CMIDUDirexion Daily Mid Cap Bull 3X ETFExpense ratio 0.99%1 year return +35.9%
- CNAILDirexion Daily Homebuilders & Supplies Bull 3X ETFExpense ratio 0.96%1 year return −56.9%