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ETFs

Direxion Daily Regional Banks Bull 3X Shares

DPST
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Aug 19, 2015
Expense Ratio
0.89%
Type
US Equities
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$67,798,148
AUM
$447,535,796
Associated Index
S&P Regional Banks Select Industry Index
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
DREYFUS TRSRY SECURITIES CASH MGMT
3.1%
—
GOLDMAN SACHS FIN GOV 465 INSTITUT
1.98%
MTB
M & T Bank Corp
0.86%
ZION
Zions Bancorporation N.A
0.83%
PACW
Pacwest Bancorp
0.83%
CFG
Citizens Financial Group Inc
0.82%
RF
Regions Financial Corp.
0.81%
HBAN
Huntington Bancshares, Inc.
0.8%
TFC
Truist Financial Corporation
0.8%
FHN
First Horizon Corporation
0.8%
Invest with DPST
Trade DPST Options

What is DPST?

The Direxion Daily Regional Banks Bull and Bear 3x Shares seeks daily investment results, before fees and expenses, of 300% or 300% of the inverse (or opposite) of the performance of the S&P Regional Banks Select Industry Index. The S&P Regional Banks Select Industry Index is a modified equal-weighted index that is designed to measure performance of the stocks comprising the S&P Total Market Index that are classified in the Global Industry Classification Standard (GICS) regional banks sub-industry. To be eligible for inclusion in the Index, stocks must satisfy one of the two following combined size and liquidity criteria: (1) float-adjusted market capitalization above $500 million and float-adjusted liquidity ratio above 90% or (2) float-adjusted market capitalization above $400 million and float-adjusted liquidity ratio above 150%. The Index is rebalanced quarterly.

1M
3M
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YTD
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DPST
Performance Measures**

for the time period Aug 19, 2015 to Dec 4, 2025

Returns

1M Trailing Return: 24.8%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -11.1%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -97.7%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 97.3%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.30

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.17

The annualized return divided by the max drawdown for the selected time period.

ETFs related toDPST

ETFs correlated to DPST include KRE, KBE, IAT

DPST
Direxion Shares ETF Trust - Direxion Daily Regional Banks Bull 3X Shares
KRE
SPDR Series Trust - SPDR S&P Regional Banking ETF
KBE
SPDR Series Trust - SPDR S&P Bank ETF
IAT
BlackRock Institutional Trust Company N.A. - iShares U.S. Regional Banks ETF
FXO
First Trust Exchange-Traded Fund III - First Trust Financials AlphaDEX Fund
KBWB
Invesco Capital Management LLC - Invesco KBW Bank ETF
BSVO
EA Series Trust - EA Bridgeway Omni Small-Cap Value ETF
BNKU
Bank of Montreal - MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs
XSLV
Invesco Capital Management LLC - Invesco S&P SmallCap Low Volatility ETF
DFSV
Dimensional ETF Trust - Dimensional US Small Cap Value ETF
VFH
Vanguard Group, Inc. - Vanguard Financials ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
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OOS Cumulative Return

242.59%

NOVA | Long John Bond ETFifier | Anansi Mods v1.5

Category

Tactical allocation, leveraged ETFs, inverse ETFs, volatility hedge, bond-equity rotation, mean reversion, momentum, managed futures, sector rotation, daily rebalance

OOS Cumulative Return

156.66%

Create your own algorithmic trading strategy with DPST using Composer

FAQ

DPST is a US Equities ETF. The Direxion Daily Regional Banks Bull and Bear 3x Shares seeks daily investment results, before fees and expenses, of 300% or 300% of the inverse (or opposite) of the performance of the S&P Regional Banks Select Industry Index. The S&P Regional Banks Select Industry Index is a modified equal-weighted index that is designed to measure performance of the stocks comprising the S&P Total Market Index that are classified in the Global Industry Classification Standard (GICS) regional banks sub-industry. To be eligible for inclusion in the Index, stocks must satisfy one of the two following combined size and liquidity criteria: (1) float-adjusted market capitalization above $500 million and float-adjusted liquidity ratio above 90% or (2) float-adjusted market capitalization above $400 million and float-adjusted liquidity ratio above 150%. The Index is rebalanced quarterly.

DPST tracks the S&P Regional Banks Select Industry Index.

No, DPST is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DPST is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DPST is -0.142%. This is the percent change in the value of DPST over the most recent 1-month period. The 3-month return on DPST is 0.0642%. This is the percent change in the value of DPST over the most recent 3-month period.

The standard deviation of DPST for the past year is 1.0654%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DPST include SSO, QID, and SDS.

ETFs correlated to DPST include KRE, KBE, and IAT.

ETFs that are inversely correlated to DPST include BNKD, FAZ, and RWM.

Yes, DPST is a Leveraged (3x) ETF: This means that DPST will try to match the performance of S&P Regional Banks Select Industry Index, but with 3x the returns.

No, DPST is not an inverse ETF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.