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Beacon

RETLDirexion Daily Retail Bull 3X Shares

Take a bet15y track recordRanked #178 of 775 in this goal

Seeks daily investment results of 300% of the daily performance of the Index.

By Direxion Funds · Launched 2010

Annual Cost

0.96%

#4,788 of 5,562 · expensive

Fund Size

$33M

#3,950 of 5,562 · small

Return (1Y)Goal

+18.7%

Track Record

15 years

#793 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,730+7.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Index tracked

S&P Retail Select Industry Index

What it actually holds

By weight

Concentration

Top 10 holdings = 59.9% of fundmoderately concentrated

N/A
23.7%
DREYFUS GOVERNMENT CASH MANAGE
18.8%
GOLDMAN SACHS LIQ ES FD A
5.0%
N/A
4.2%
The Realreal Inc
1.5%
Victorias Secret and Co
1.5%
The ODP Corporation
1.4%
Macy's, Inc.
1.3%
National Vision Holdings Inc
1.3%
Signet Jewelers Limited
1.2%

Asset allocation

Stocks
66.7%
Cash
33.3%

By sector

Consumer Cyclical
76.5%
Consumer Defensive
19.2%
Communication
1.5%
Technology
1.4%
Healthcare
1.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
60.8%High

Year-on-year price swings

Max drawdown
-92.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.40Below average
Sortino (3Y)
0.61Moderate downside risk

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 300% of the daily performance of the Index.
Strategy
Invests primarily in financial instruments providing 3X daily leveraged exposure to the S&P Total Market Index retail stocks. The Fund rebalances daily to maintain its target exposure, which may lead to high portfolio turnover. It may also invest in ETFs and derivatives to track the Index.
Inception date
July 14, 2010
Fund family
Direxion Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19