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Beacon

UTSLDirexion Daily Utilities Bull 3X Shares

Take a bet9y track recordRanked #248 of 949 in this goal

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

By Direxion Funds · Launched 2017

Annual Cost

0.97%

#5,031 of 5,861 · expensive

Fund Size

$46M

#3,732 of 5,861 · mid-size

Return (1Y)Goal

+3.2%

Track Record

9 years

#1,526 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,145+1.4%

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

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Sector

Utilities

Index tracked

Utilities Select Sector Index

What it actually holds

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

DREYFUS GOVERNMENT CASH MANAGE
26.4%
N/A
11.4%
NextEra Energy Inc
8.7%
DREYFUS
5.6%
SOUTHERN COMPANY (THE)
4.5%
Duke Energy Corp
4.3%
CONSTELLATION ENERGY CORP
4.2%
AMERICAN ELECTRIC POWER COMPANY INC
3.2%
N/A
2.7%
SEMPRA
2.7%

Asset allocation

Stocks
75.8%
Cash
24.2%

By sector

Utilities
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
44.8%High

Year-on-year price swings

Max drawdown
-79.5%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.48Below average
Sortino (3Y)
0.67Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 300% of the daily performance of the Index.
Strategy
Invests at least 80% of net assets in financial instruments and securities of the Index to achieve 3X daily leveraged exposure. Concentrates in the utilities sector, including electric and gas utilities, using swaps and futures for leveraged results.
Inception date
May 3, 2017
Fund family
Direxion Funds

Our take

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

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

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

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 2026-08-04