RETL

Direxion Daily Retail Bull 3X Shares

$7.78

+0.00%

Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The Direxion Daily Retail Bull 3X Shares ETF (RETL) seeks to provide 3x the daily return of the S&P Retail Select Industry Index, which tracks the performance of U.S. retail companies.

Overview

ETF tracking Direxion Daily Retail Bull 3X Shares

Category Leveraged

Issuer Other

Inception Date 2010-07-14

Market Cap $28.6M

Average Volume N/A

Dividend Yield 0.96%

52-Week Range $4.31 - $11.63

VWAP $7.78

Performance

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Investment Summary

📎 Investment Objective

The Direxion Daily Retail Bull 3X Shares ETF (RETL) seeks to provide 3x the daily return of the S&P Retail Select Industry Index, which tracks the performance of U.S. retail companies.

🎯 Investment Strategy

RETL uses derivatives and leveraged investment techniques to amplify the daily returns of the underlying index. The fund rebalances daily to maintain its 3x leverage exposure.

✨ Key Features

Provides 3x the daily performance of the S&P Retail Select Industry Index
Utilizes derivatives and leverage to magnify index returns
Rebalances daily to maintain target 3x leverage exposure
Designed for short-term, tactical exposure to the retail sector

⚠️ Primary Risks

Significant daily volatility and potential for large losses due to leverage
Divergence from 3x target over longer holding periods due to compounding effects
Counterparty risk associated with derivative instruments
Sector concentration risk as the fund is focused solely on the retail industry

👤 Best For

RETL is a highly speculative fund intended for experienced, risk-tolerant investors with a short-term trading horizon. It is not suitable for long-term buy-and-hold strategies or conservative investors.