DUSL

Direxion Daily Industrials Bull 3X Shares

$71.19
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Direxion Daily Industrials Bull 3X Shares (DUSL) seeks to provide 300% of the daily performance of the S&P 500 Industrials Index.

Overview

ETF tracking Direxion Daily Industrials Bull 3X Shares

Category Leveraged
Issuer Other
Inception Date 2017-05-03
Market Cap $39.2M
Average Volume N/A
Dividend Yield 5.18%
52-Week Range $35.29 - $77.90
VWAP $70.97

Performance

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Investment Summary

📎 Investment Objective

The Direxion Daily Industrials Bull 3X Shares (DUSL) seeks to provide 300% of the daily performance of the S&P 500 Industrials Index.

🎯 Investment Strategy

DUSL is a leveraged ETF that aims to achieve its investment objective by investing in financial instruments, such as swap agreements and futures contracts, that provide leveraged exposure to the S&P 500 Industrials Index. The fund rebalances its portfolio on a daily basis to maintain the 3x leverage.

✨ Key Features

  • Provides 3x the daily performance of the S&P 500 Industrials Index
  • Utilizes derivatives and other financial instruments to achieve its leveraged exposure
  • Rebalances its portfolio daily to maintain the 3x leverage
  • Designed for short-term trading and not suitable for long-term buy-and-hold investors

⚠️ Primary Risks

  • Significant risk of loss due to the leveraged nature of the fund
  • Potential for increased volatility and larger losses compared to the underlying index
  • Compounding effect can lead to divergence from the index performance over longer holding periods
  • Counterparty risk associated with the use of derivatives and other financial instruments

👤 Best For

DUSL is designed for experienced, sophisticated investors with a high risk tolerance who are seeking short-term, leveraged exposure to the industrials sector. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.