DPST

Direxion Daily Regional Banks Bull 3X ETF

$87.56

+0.00%

Market closed. Last update: 2:13 AM ET

📎 Investment Objective

The Direxion Daily Regional Banks Bull 3X Shares (DPST) seeks to provide 3x the daily return of the S&P Regional Banks Select Industry Index, which tracks the performance of regional banking stocks.

Overview

ETF tracking Direxion Daily Regional Banks Bull 3X ETF

Category Leveraged

Issuer Other

Inception Date 2015-08-19

Market Cap $387.4M

Average Volume N/A

Dividend Yield 2.52%

52-Week Range $51.62 - $143.51

VWAP $88.95

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Direxion Daily Regional Banks Bull 3X Shares (DPST) seeks to provide 3x the daily return of the S&P Regional Banks Select Industry Index, which tracks the performance of regional banking stocks.

🎯 Investment Strategy

DPST uses derivatives and leveraged investment techniques to amplify the daily returns of the underlying index by a factor of 3. The fund does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

Provides 3x the daily return of the S&P Regional Banks Select Industry Index
Utilizes derivatives and leveraged investment strategies
Resets exposure daily, not designed for long-term holding
Relatively high expense ratio compared to non-leveraged ETFs

⚠️ Primary Risks

Significant daily volatility and potential for large losses
Leverage risk - amplifies both gains and losses
Tracking error - may not precisely match 3x the daily index return
Not suitable for long-term buy-and-hold investors

👤 Best For

DPST is a highly speculative, short-term trading instrument best suited for experienced, risk-tolerant investors who understand the risks of leveraged ETFs and can actively monitor their positions on a daily basis.