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Beacon

UTSLDirexion Daily Utilities Bull 3X Shares

Take a bet9y track recordRanked #262 of 775 in this goal

Seeks daily investment results that correspond to 300% of the daily performance of the Utilities Select Sector Index.

By Direxion Funds · Launched 2017

Annual Cost

0.97%

#4,819 of 5,562 · expensive

Fund Size

$37M

#3,846 of 5,562 · small

Return (1Y)Goal

+21.3%

Track Record

9 years

#1,554 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$12,274+22.7%

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

Classification

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

Top 10 holdings = 70.5% of fundconcentrated

DREYFUS GOVERNMENT CASH MANAGE
13.1%
NextEra Energy Inc
9.5%
N/A
9.3%
DREYFUS
7.3%
Constellation Energy Corp.
6.7%
Southern Co.
5.9%
Duke Energy Corp
5.5%
N/A
4.9%
GOLDMAN SACHS LIQ ES FD A
4.6%
American Electric Power Co, Inc.
3.7%

Asset allocation

Stocks
75.8%
Cash
23.6%
Bonds
0.7%

By sector

Utilities
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
43.8%High

Year-on-year price swings

Max drawdown
-79.5%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.56Decent risk-adjusted returns
Sortino (3Y)
0.77Moderate downside risk

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to 300% of the daily performance of the Utilities Select Sector Index.
Strategy
Invests primarily in financial instruments that provide 3x leveraged exposure to the Utilities Select Sector Index. Designed for daily trading, the Fund's performance may differ significantly over longer periods due to compounding effects.
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

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