UTSL
Direxion Daily Utilities Bull 3X Shares·NYSE
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Key Stats
Assets Under Management
48.18MUSD
Fund Flows (1Y)
-3.54MUSD
Dividend Yield
1.59%
Discount/Premium to NAV
0.14%
Shares Outstanding
1.15M
Expense Ratio
0.97%
About Direxion Daily Utilities Bull 3X Shares
Issuer
Rafferty Asset Management, LLC
Brand
Direxion
Inception Date
May 3, 2017
Structure
Open-Ended Fund
Index Tracked
Utilities Select Sector Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
UTSL is a leveraged product that resets daily. As such, this is not a buy-and-hold ETF, it is best used for short-term tactical trading. Returns can vary significantly from 3x exposure to its underlying index if shares of UTSL are held longer than a day. The fund's underlying index, which is an S&P Select Sector Index, includes electric utilities, multi-utilities, water utilities, independent power producers, energy trades and gas utilities. The index is rebalanced quarterly.
Classification
Asset Class
Equity
Category
Sector
Focus
Utilities
Niche
Broad-based
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Market Cap
Selection Criteria
Committee
Analysis
Sector
Utilities
100.00%
Utilities
100.00%
Asset
Holdings
Symbol
Ratio
UTILITIES SELECT SECTOR INDEX SWAP
66.25%
UTILITIES SELECT SECTOR INDEX SWAP-1
57.38%
UTILITIES SELECT SECTOR INDEX SWAP-2
56.78%
UTILITIES SELECT SECTOR INDEX SWAP-3
45.87%
DREYFUS GOVT CASH MAN INS
9.44%
NEE
Nextera
9.22%
Symbol
Ratio
DREYFUS TRSRY SECURITIES CASH MGMT
9.22%
GOLDMAN SACHS FIN GOV 465 INSTITUT
6.36%
CEG
Constellation Energy
6.26%
SO
The Southern
5.25%
Top 10 Weight 272.04%
10 Total Holdings
See all holdings
Related Funds
Seasonals
Volume Profile
Trade Flow Insight
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