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Leveraged & Inverse ETFs

Direxion Daily Utilities Bull 3X Shares

The Direxion Daily Utilities Bull 3X Shares seeks daily investment results, before fees and expenses, of 300% of the performance of the Utilities Select Sector Index. There is no guarantee the fund will achieve its stated investment objective.

UTSL

NAV (Net Asset Value)$20.62As of Mar 18, 2024
1 Day NAV change$+0.28(+1.36%)As of Mar 18, 2024
Daily Target
+300%
Intra-day Value
UTSL.IV
Daily NAV
$20.62
Daily Market Price
$20.59
Expense Ratio
(gross/net %)
1.10 / 1.00*
Daily Volume
79,393
Security Identifier
25460E711
Inception Date
May 03, 2017

Operational Updates

  • 01/23/2024
    Direxion's New ETF Alert Service. Get Price and Volume Alerts automatically via text message!
    Set Up Your ETF Alerts Today

Documents & Downloads

  • UTSL Fact Sheet (pdf)
  • Direxion ETFs List (pdf)
  • Prospectus
  • Daily Fund Holdings (csv)

This leveraged ETF seeks a return that is 300% of the return of its benchmark index for a single day. The fund should not be expected to provide three times the return of the benchmark’s cumulative return for periods greater than a day.

Pricing & Performance

NAV and Market Price information as of 03/18/2024.

UTSL Direxion Daily Utilities Bull 3X Shares
Net Asset Value (NAV)
$20.62Nav
$+0.28Change
+1.36%Change
Market Price Closing
$20.59Market
$+0.23Change
+1.13%Change
Premium / Discount
$-0.03Change from Last Day Trading
Premium/Discount tool
Loading chart...
1M3MYTD1Y3Y5Y10YSince
Inception
Expense Ratio*
(Gross / Net%)
Inception
Date
UTSL NAV
1.42
-5.59
-9.03
-22.81
-1.75
-7.56
-1.55
1.10 / 1.00*
05/03/2017
UTSL Market Close
1.21
-5.72
-9.08
-22.82
-1.91
-7.71
-1.65
1.10 / 1.00*
05/03/2017

As of February 29, 2024

The Primary Listing Exchange is the NYSE Arca, Inc.

*The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.95%. The Fund’s adviser, Rafferty Asset Management, LLC (“Rafferty”) has entered into an Operating Expense Limitation Agreement with the Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse the Fund for Other Expenses through September 1, 2024, to the extent that the Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the fund’s website at direxion.com.

Short-term performance, in particular, is not a good indication of a fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.

Index Information

The Utilities Select Sector Index (IXUTR) is provided by S&P Dow Jones Indices and includes domestic companies from the utilities sector which includes the following industries: electric utilities; multi-utilities; water utilities; independent power producers and energy trades; and gas utilities. One cannot invest directly in an index.

Index Top Ten Holdings

% of Total
Nextera Energy
13.30%
Southern
8.16%
Duke Energy
7.98%
Sempra Energy
5.02%
American Electric Power
4.56%
Dominion Energy
4.20%
PG&E
4.11%
Constellation Energy Corporation
3.99%
Exelon Corporation
3.81%
Xcel Energy
3.65%

Index Sector Weightings

% of Total
Electric Utilities
66.02%
Multi-Utilities
28.02%
Water Utilities
2.74%
Gas Utilities
1.84%
Independent Power and Renewable Electricity Producers
1.38%
Index data as of 12/31/2023. Index sector weightings and top holdings are subject to change.

View Daily Fund Holdings

Strategy & Benefits

You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.

Whether you’re a bull or a bear, Direxion is with you. Our leveraged ETFs are powerful tools built to help you:

  • Magnify your short-term perspective with daily 3X leverage
  • Go where there’s opportunity, with bull and bear funds for both sides of the trade; and
  • Stay agile – with liquidity to trade through rapidly changing markets

Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.

Distributions

Record DateEx DatePay DateIncome DividendShort-Term Capital GainLong-Term Capital Gain
12/22/202312/21/202312/29/20230.18902
09/20/202309/19/202309/26/20230.14373
06/22/202306/21/202306/28/20230.12198
03/22/202303/21/202303/28/20230.30893
12/21/202212/20/202212/28/20220.01521
09/21/202209/20/202209/27/20220.15636
06/23/202206/22/202206/29/20220.12924
03/23/202203/22/202203/29/20220.08896
12/22/202112/21/202112/29/20210.13278
12/10/202112/09/202112/16/20210.000000.07850
09/22/202109/21/202109/28/20210.08295
06/23/202106/22/202106/29/20210.09198
03/24/202103/23/202103/30/20210.08927
12/23/202012/22/202012/30/20200.09849
09/23/202009/22/202009/29/20200.07236
06/24/202006/23/202006/30/20200.06470
03/25/202003/24/202003/31/20200.14731
12/24/201912/23/201912/31/20190.23843
12/13/201912/12/201912/19/20190.000001.33895
09/25/201909/24/201910/01/20190.18027
06/26/201906/25/201907/02/20190.18307
03/20/201903/19/201903/26/20190.33540
09/26/201809/25/201810/02/20180.15392
06/20/201806/19/201806/26/20180.12521
03/21/201803/20/201803/27/20180.10656
12/20/201712/19/201712/27/20170.15819
Record Date12/22/2023
Ex Date12/21/2023
Pay Date12/29/2023
Income Dividend0.18902
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/20/2023
Ex Date09/19/2023
Pay Date09/26/2023
Income Dividend0.14373
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/22/2023
Ex Date06/21/2023
Pay Date06/28/2023
Income Dividend0.12198
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/22/2023
Ex Date03/21/2023
Pay Date03/28/2023
Income Dividend0.30893
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/21/2022
Ex Date12/20/2022
Pay Date12/28/2022
Income Dividend0.01521
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/21/2022
Ex Date09/20/2022
Pay Date09/27/2022
Income Dividend0.15636
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/23/2022
Ex Date06/22/2022
Pay Date06/29/2022
Income Dividend0.12924
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/23/2022
Ex Date03/22/2022
Pay Date03/29/2022
Income Dividend0.08896
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/22/2021
Ex Date12/21/2021
Pay Date12/29/2021
Income Dividend0.13278
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/10/2021
Ex Date12/09/2021
Pay Date12/16/2021
Income Dividend0.00000
Short-Term Capital Gain0.07850
Long-Term Capital Gain
Record Date09/22/2021
Ex Date09/21/2021
Pay Date09/28/2021
Income Dividend0.08295
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/23/2021
Ex Date06/22/2021
Pay Date06/29/2021
Income Dividend0.09198
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/24/2021
Ex Date03/23/2021
Pay Date03/30/2021
Income Dividend0.08927
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/23/2020
Ex Date12/22/2020
Pay Date12/30/2020
Income Dividend0.09849
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/23/2020
Ex Date09/22/2020
Pay Date09/29/2020
Income Dividend0.07236
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/24/2020
Ex Date06/23/2020
Pay Date06/30/2020
Income Dividend0.06470
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/25/2020
Ex Date03/24/2020
Pay Date03/31/2020
Income Dividend0.14731
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/24/2019
Ex Date12/23/2019
Pay Date12/31/2019
Income Dividend0.23843
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/13/2019
Ex Date12/12/2019
Pay Date12/19/2019
Income Dividend0.00000
Short-Term Capital Gain1.33895
Long-Term Capital Gain
Record Date09/25/2019
Ex Date09/24/2019
Pay Date10/01/2019
Income Dividend0.18027
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/26/2019
Ex Date06/25/2019
Pay Date07/02/2019
Income Dividend0.18307
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/20/2019
Ex Date03/19/2019
Pay Date03/26/2019
Income Dividend0.33540
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/26/2018
Ex Date09/25/2018
Pay Date10/02/2018
Income Dividend0.15392
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/20/2018
Ex Date06/19/2018
Pay Date06/26/2018
Income Dividend0.12521
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/21/2018
Ex Date03/20/2018
Pay Date03/27/2018
Income Dividend0.10656
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/20/2017
Ex Date12/19/2017
Pay Date12/27/2017
Income Dividend0.15819
Short-Term Capital Gain
Long-Term Capital Gain

Documents

How to Buy

ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.

We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.

Please note, your advisor or broker may charge commissions or other transaction fees.If you have any questions specific to Direxion products, please contact us direct at [email protected] or 866-476-7523.

Operational Updates

Documents & Downloads

How to Buy

While you can't purchase our funds from our website, investors still have multiple options for buying Direxion ETFs
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