Direxion Daily Retail Bull 3X Shares (RETL)
ARCA ARCA Primary 
XBER Summary
RETL Chart
Strategic Consumers Keep Retail Industry in Check
In times of high inflation, consumers' purchasing patterns have become more strategic, and rightfully so. In turn, this is keeping the retail industry in check.
5 Leveraged ETFs of Last Week That Gained At Least 20%
These leveraged ETFs surged more than 20% last week.
RETL: Leveraged Retail Plays Not Paying Off
Direxion Daily Retail Bull 3X Shares ETF offers 300% daily leverage on the S&P Retail Select Industry Index, making it highly risky. RETL is suitable for short-term traders with high-risk tolerance due to its extensive leverage and need for sustained momentum. Historically, RETL has underperformed, validating my cautious stance from 2022, as the retail sector struggles with consistent momentum.
Direxion Daily Retail Bull 3X Shares Dividends
| RETL 7 months ago | Other | $0.02 Per Share |
| RETL 10 months ago Paid | Quarterly | $0.02 Per Share |
| RETL 25 Jun 2024 Paid | Quarterly | $0.04 Per Share |
| RETL 19 Mar 2024 Paid | Quarterly | $0.03 Per Share |
| RETL 21 Dec 2023 Paid | Quarterly | $0.03 Per Share |
Direxion Daily Retail Bull 3X Shares Earnings
| RETL 7 months ago | Other | $0.02 Per Share |
| RETL 10 months ago Paid | Quarterly | $0.02 Per Share |
| RETL 25 Jun 2024 Paid | Quarterly | $0.04 Per Share |
| RETL 19 Mar 2024 Paid | Quarterly | $0.03 Per Share |
| RETL 21 Dec 2023 Paid | Quarterly | $0.03 Per Share |
Direxion Daily Retail Bull 3X Shares (RETL) FAQ
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Direxion Daily Retail Bull 3X Shares Profile
| ARCA Exchange | US Country |
Overview
The fund described focuses on offering its investors leveraged exposure to the retail sub-industry within the larger spectrum of the S&P Total Market Index. It aims to achieve this by investing at least 80% of its net assets in a mix of financial instruments. These instruments include swap agreements, securities of the index, and Exchange-Traded Funds (ETFs) that collectively seek to provide thrice the daily leveraged exposure to the underlying index. The index in question is a modified equal-weighted metric, specifically designed to track the performance of stocks classified within the Global Industry Classification Standard (GICS) retail sub-industry. The fund operates with a non-diversified status, emphasizing its focused investment strategy.
Products and Services
- Swap Agreements
A type of financial instrument the fund invests in to help achieve its goal of providing leveraged exposure to the retail index. Swap agreements can offer the fund the ability to gain exposure to certain assets without having to directly invest in them, thereby playing a crucial role in the fund's strategy to magnify the returns of its investments in line with its objectives.
- Securities of the Index
The fund invests in securities that are part of the index it tracks, which includes stocks that are classified in the GICS retail sub-industry. This direct investment in the securities of the index allows the fund to closely follow the performance of the retail market, ensuring that the investment goal of tracking the index is met with precision.
- ETFs that Track the Index
Part of the fund's investment strategy includes investing in ETFs that aim to replicate the performance of the index. This provides the fund with an additional layer of investment, diversifying its approach to achieving leveraged exposure to the retail sub-industry. ETFs offer a practical means for the fund to gain comprehensive access to the stocks within the S&P Total Market Index classified under the retail sub-industry, supporting its leveraged investment objective.
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