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RETL vs UDOW

Direxion Daily Retail Bull 3X Shares

RETLCNYSE Arca

ProShares UltraPro Dow30

UDOWANYSE Arca

Overlap

Expense ratio

UDOW −0.02pt a year

RETL0.96%UDOW0.94%

Avg volume · 30D

UDOW 5.1×the volume

RETL336KUDOW1.72M

10Y return · a year

UDOW +26.1pt

RETL−2.2%UDOW+23.9%

RETL vs UDOW Performance

Nov 4, 2021 – Nov 4, 2026

−78.9%RETL+77.0%UDOW

Nov 4, 2021 to Nov 4, 2026. RETL −78.9%. UDOW +77.0%. Use the arrow keys to read each point.−100%−50%0%50%100%Nov 2021May 2024Nov 2026
Expense ratio
RETL 0.96%
UDOW 0.94%, better
Fund size
RETL $32M
UDOW $914M
1Y total return
RETL +32.2%, better
UDOW +30.5%
Yield (12M)
RETL 0.72%
UDOW 0.97%, better
Holdings
RETL 81
UDOW 33
Avg volume (30D)
RETL 336K sh
UDOW 1.72M sh, better
NAV per share
RETL $8.77
UDOW $71.38
52W range

ETF.net Grade

RETL: Cost 62, Risk 36, Mission not scored, Tradability 49, Holdings not scored, Durability 40. UDOW: Cost 78, Risk 78, Mission 77, Tradability 89, Holdings 55, Durability 71.
Pillar letters and Scores for RETL, UDOW, with each pillar’s weight
PillarRETLUDOW
Cost30% weightB62A78Higher
Mission25% weightNot scoredA77
Risk15% weightD36A78Higher
Tradability15% weightC49A89Higher
Holdings10% weightNot scoredB55
Durability5% weightC40A71Higher

Rank among 3x Leveraged Long funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. RETL and UDOW are both graded against the same 30 3x Leveraged Long funds, so their Grades compare head to head.

3x Leveraged Long⁠

Category · 30 funds
See all 30 ›

UDOW ranks 2nd and RETL 12th of 30 funds in the 3x Leveraged Long Category.

  1. Rank 1ATQQQProShares UltraPro QQQScore 86
  2. Rank 2AFASDirexion Daily Financial Bull 3X ETFScore 80
  3. Rank 2AUDOWProShares UltraPro Dow30Score 80
  4. Rank 4ASOXLDirexion Daily Semiconductor Bull 3X ETFScore 77
  5. Rank 12CDFENDirexion Daily Aerospace & Defense Bull 3X SharesScore 51
  6. Rank 12CRETLDirexion Daily Retail Bull 3X SharesScore 51
  7. Rank 14CWEBLDirexion Daily Dow Jones Internet Bull 3X SharesScore 48

Our read on each fund

ETF.net Research

RETLCDirexion Daily Retail Bull 3X Shares

UDOWAProShares UltraPro Dow30

In short

RETL Retail, 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.

UDOW The only 3x daily play on the Dow: 30 blue-chip names, price-weighted, reset every session. It is the industrial cousin of the semis-and-Nasdaq crowd that fills the leveraged aisle, and it has run since 2010.

Stated mandate

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

UDOW The Fund seeks daily results equal to three times the daily performance of the Dow Jones Industrial Average before fees and expenses. It uses equity securities, derivatives, and money-market instruments to pursue that daily leveraged exposure.

Why people hold it

  • RETL Retail 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.
  • At 0.96% a year, the fee comes in under the typical leveraged bull fund's.
  • The 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.
  • Live since 2010, a long run for a leveraged sector fund, and it changes hands actively during the session.
  • UDOW ProShares calls UDOW the only ETF targeting 3x the daily move of the Dow. In a 3x aisle crowded with semiconductor and Nasdaq bets, the blue-chip index has exactly one lever.proshares.com
  • The Dow is a price-weighted measure of 30 US blue chips, so the exposure leans industrials, financials and health care instead of megacap tech.spglobal.com
  • Trading since 2010, it has run through several full market cycles and stays actively traded, which matters when the holding period is hours rather than years.
  • Among the stronger implementations in its 3x bull peer group, it stays close to its stated daily target and trades with the depth short-horizon traders look for.

Worth knowing

  • RETL The 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.
  • One narrow, cyclical corner of the market at triple speed: swings run far larger than a broad index fund's, in both directions.
  • Assets are small by ETF standards, which matters for trading spreads and for a fund's long-term staying power.
  • UDOW The 3x target resets every day. Over longer stretches, compounding and volatility can push results away from 3x the index move, as the prospectus spells out.proshares.com
  • At 0.94% with no waiver propping it up, cost sits near the typical 3x bull fund; TQQQ charges 0.78% net of a waiver through September 30, 2027.
  • Exposure is built with derivatives and cash instruments alongside stocks, so counterparty and derivative risk ride along with the market call.proshares.com

Full RETL profile⁠

Full UDOW profile⁠

RETL vs UDOW Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

RETL vs UDOW Cost

Overpaying RETL vs UDOW

$330

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

  • RETL 0.96%

    $18,034

  • UDOW 0.94%

    $17,704

$10,000
30 years

Cost over time

  • RETL 0.96%
  • UDOW 0.94%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530RETL $18,034UDOW $17,704

Year by year

YearRETLUDOWOverpaying
10$1,695$1,661$34
20$6,383$6,260$123
30$18,034$17,704$330

Expense ratio

  • 0.96%RETL
  • 0.94%UDOW, cheaper
  • Middle half of 3x Leveraged Long funds
  • Median 0.96%

UDOW 7th cheapest of 30 funds

RETL 11th cheapest of 30 funds

RETL vs UDOW Dividends

Last 12 months to Nov 4, 2026
Yield (12M)
RETL 0.72%
UDOW 0.97%, better
Payout (12M)
RETL $0.07
UDOW $0.69
Last payment
RETL $0.02
UDOW $0.15
Ex-dividend
RETL Sep 22, 2026
UDOW Sep 23, 2026
Paid on
RETL Sep 29, 2026
UDOW Sep 29, 2026
Frequency
RETL Quarterly
UDOW Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

RETLQuarterly · 28 paymentsAll RETL payments⁠
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.$0$0.252017202020232026YTD
UDOWQuarterly · 15 paymentsAll UDOW payments⁠
One bar per payment. 15 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.007; Dec 26, 2017 $0.02; Dec 24, 2019 $0.07; Dec 23, 2020 $0.03; Dec 22, 2022 $0.09; Mar 20, 2024 $0.07; Jun 26, 2024 $0.16; Dec 23, 2024 $0.07; Mar 26, 2025 $0.16; Jun 25, 2025 $0.22; Sep 24, 2025 $0.23; Dec 24, 2025 $0.20; Mar 25, 2026 $0.14; Jun 24, 2026 $0.21; Sep 23, 2026 $0.15. Use the arrow keys to read each point.$0$0.252017202020232026YTD

RETL vs UDOW Risk

Fall from peak · 5 years

  • RETL
  • UDOW
Nov 4, 2021 to Nov 4, 2026. Worst fall: RETL −92.0% · Apr 2025. Use the arrow keys to read each point.−100%−75%−50%−25%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
RETL 62.5%UDOW 37.2%, better
Return per unit of riskSharpe ratio, 3 years
RETL 0.53UDOW 0.95, better
Worst fallMax drawdown, 5 years
RETL −92.0%UDOW −56.0%, better
Market sensitivityBeta, 5 years
RETL 3.49UDOW 2.62

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