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Launched · SEC filings

Direxion Daily Consumer Discretionary Bull 3X ETF

WANTNYSE ArcaDirexionDThis 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.

$42.85−0.57 (−1.32%)

As of Nov 10, 2026, 11:25 AM ET

D29/ 100

Rank 27 of 31 in 3x Leveraged Long

D29/100Rank 27 of 31in3x Leveraged Long
Intraday session: down, 24 prints from 43.43 to 42.85. Range 42.52 to 43.39. Use the arrow keys to read each point.42.6043.0043.2010 AM12 PM2 PM4 PM
Expense ratio
1.00%*
Fund size
$20M
1Y total return
−11.3%
Yield · Last 12 months
0.82%
Holdings
54
Avg volume · 30D
24.8K sh
52W range
low $31.87high $57.27
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Sep 1, 2027. Without it: 1.03%.

The ETF.net WANT Grade

Based on 4 of 6 pillars

D

Score 29 out of 100

Category
3x Leveraged Long⁠
Rank
27 of 31
Six-pillar profile for WANT. Scores out of 100: Cost 25, Risk 33, Mission not scored, Tradability 35, Holdings not scored, Durability 24. Strongest: Tradability (35). Weakest: Durability (24). Based on 4 of 6 pillars.

Score 29 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.
    D25 out of 100
    Rank 23 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.
    D33 out of 100
    Rank 26 of 31

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D35 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.
    F24 out of 100
    Rank 27 of 31

Our read on WANT

ETF.net Research

In short

DDirexion's 3x bet on the American shopper. WANT aims for 300% of the daily move in the Consumer Discretionary Select Sector Index, about 60 consumer-facing stocks. A day-trader's tool by design.

Stated mandate

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

Why people hold it

  • Single-sector leverage, undiluted: it aims for 300% of the Consumer Discretionary Select Sector Index's daily move, with no stock picking and no options overlay.
  • Leverage inside an ETF wrapper, so no margin account and no borrowing on your end; the exposure arrives as one ticker you can buy and sell all day.
  • Live since 2018, so its daily-reset behavior shows up in actual market history, not just in a prospectus risk section.

Worth knowing

  • The reset is daily. Hold longer and returns compound off each close, so multi-day results can diverge from 3x the index move, most of all in choppy markets.
  • One of the smaller, thinner-traded names on the 3x shelf, so spreads and order size matter more here than with the category's giants.
  • Costs 1.00% net of a waiver through September 1, 2027 (1.03% gross), near the category median but above stablemate SOXL at 0.75% net of a waiver through September 1, 2027.

WANT Performance

Launched Nov 29, 2018

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.
WANT$8,869
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. WANT $8,869. SPY $11,339. Use the arrow keys to read each point.$8,000$10,000$12,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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 WANT. Periods over one year show the average yearly return.
PeriodWANT
Year to date−12.7%
1 month+20.3%
3 months−1.9%
1 year−11.3%
3 yearsper year+22.1%
5 yearsper year−14.2%
10 yearsFund is under 10 years oldper yearNo data

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 WANT
YearReturn barWANT
2026 YTD−12.7%
2025−6.9%
2024+60.5%
2023+114.4%

WANT in the news

WANT 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 Nov 9, 2026.
0.82%Last 12 months
Payout per share
$0.36Last 12 months
Last payment
$0.15 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2019–2026

One bar per payment. 20 payments from 2019 to 2026 YTD. Mar 19, 2019 $0.09; Jun 25, 2019 $0.05; Sep 24, 2019 $0.05; Dec 23, 2019 $0.03; Mar 24, 2020 $0.04; Mar 21, 2023 $0.04; Jun 21, 2023 $0.04; Sep 19, 2023 $0.009; Dec 21, 2023 $0.06; Mar 19, 2024 $0.10; Jun 25, 2024 $0.08; Sep 24, 2024 $0.09; Dec 23, 2024 $0.07; Mar 25, 2025 $0.15; Jun 24, 2025 $0.14; Sep 23, 2025 $0.02; Dec 23, 2025 $0.02; Mar 24, 2026 $0.09; Jun 23, 2026 $0.10; Sep 22, 2026 $0.15. Use the arrow keys to read each point.20192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Sep 29, 2026$0.15
Jun 23, 2026Jun 30, 2026$0.10
Mar 24, 2026Mar 31, 2026$0.09
Dec 23, 2025Dec 31, 2025$0.02
Sep 23, 2025Sep 30, 2025$0.02
Jun 24, 2025Jul 1, 2025$0.14
Mar 25, 2025Apr 1, 2025$0.15
Dec 23, 2024Dec 31, 2024$0.07
Sep 24, 2024Oct 1, 2024$0.09
Jun 25, 2024Jul 2, 2024$0.08
Mar 19, 2024Mar 26, 2024$0.10
Dec 21, 2023Dec 29, 2023$0.06

See all 20 payments⁠

$10,000 in WANT 5 years ago paid $121 in dividends.⁠

WANT Risk

Risk pillarD33 out of 100Rank 26 of 31 in 3x Leveraged Long

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.
54.8%
Annualised · 36 months to Oct 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.
0.54
vs 3-month T-bills · to Oct 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.
−85.9%
Trough Dec 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.
3.65
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.

FMP measures it over up to five years of monthly returns.

WANT Cost

Compare WANT and SOXL

Overpaying vs SOXL, cheapest in 3x Leveraged Long

$4,206

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • WANT 1.00%

    $18,688

  • SOXL 0.75% Cheapest

    $14,482

$10,000
30 years

Cost over time

  • WANT 1.00%
  • SOXL 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530WANT $18,688SOXL $14,482

Year by year

YearWANTSOXLOverpaying
10$1,763$1,336$427
20$6,625$5,078$1,547
30$18,688$14,482$4,206
How the 1.00% is worked out

Full fee 1.03%− waiver 0.03%= you pay 1.00%

The waiver ends Sep 1, 2027. After that the fee is 1.03% unless Direxion renews it. Source: prospectus, Mar 2026.

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