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ETFs

Direxion Daily Retail Bull 3X Shares

RETL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 14, 2010
Expense Ratio
0.95%
Type
US Equities
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$1,857,800
AUM
$39,904,794
Associated Index
S&P Retail Select Industry Index
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
DREYFUS GOVT CASH MAN INS
5.44%
n/a
GOLDMAN FINL SQ TRSRY INST 506
3.88%
CASY
Casey`s General Stores, Inc.
0.39%
MUSA
Murphy USA Inc
0.37%
BJ
BJ`s Wholesale Club Holdings Inc
0.37%
DBI
Designer Brands Inc - Ordinary Shares - Class A
0.36%
SFM
Sprouts Farmers Market Inc
0.36%
VSCO
Victoria`s Secret & Co
0.36%
COST
Costco Wholesale Corp
0.35%
ABG
Asbury Automotive Group Inc
0.34%
Invest with RETL

What is RETL?

The Direxion Daily Retail Bull 3X Shares seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P Retail Select Industry Index. There is no guarantee the fund will meet its stated investment objective.

ETFs related toRETL

ETFs correlated to RETL include XRT, FXD, RSPD

RETL
Direxion Shares ETF Trust - Direxion Daily Retail Bull 3x Shares
XRT
SPDR Series Trust - SPDR Retail ETF
FXD
First Trust Exchange-Traded Fund III - First Trust Consumer Discretionary AlphaDEX Fund
RSPD
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Consumer Discretionary ETF
RWJ
Invesco Exchange-Traded Fund Trust II - Invesco S&P SmallCap 600 Revenue ETF
SCHA
Schwab Strategic Trust - Schwab U.S. Small-Cap ETF
ESML
BlackRock Institutional Trust Company N.A. - iShares ESG Aware MSCI USA Small-Cap ETF
VB
Vanguard Group, Inc. - Vanguard Small Cap ETF
RWK
Invesco Exchange-Traded Fund Trust II - Invesco S&P MidCap 400 Revenue ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity 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.

Automated Strategies
Related toRETL

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with RETL using Composer

News Related to RETL

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May 13, 2024 • by Melanie Schaffer
Direxion Retail Bull ETF Rallies As GameStop Traders Look For Diversification To Play The Stock's Surge
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Nike's Momentum Confirmed In Earnings Report: Are Analysts Remaining Bullish?

Mar 22, 2023 • by AJ Fabino
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Looking To Trade The Retail Sector Bullishly Following Target Earnings? This Fund Offers 3X Leverage

Feb 28, 2023 • by Melanie Schaffer
Looking To Trade The Retail Sector Bullishly Following Target Earnings? This Fund Offers 3X Leverage
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Looking To Trade A Reversal In Retail Stocks? This ETF Tracks Amazon, Target, Dollar Tree, Among Others

Nov 16, 2022 • by Melanie Schaffer
Looking To Trade A Reversal In Retail Stocks? This ETF Tracks Amazon, Target, Dollar Tree, Among Others
Read

FAQ

RETL is a US Equities ETF. The Direxion Daily Retail Bull 3X Shares seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P Retail Select Industry Index. There is no guarantee the fund will meet its stated investment objective.

RETL tracks the S&P Retail Select Industry Index.

No, RETL 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, RETL 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 RETL is -0.0954%. This is the percent change in the value of RETL over the most recent 1-month period. The 3-month return on RETL is -0.1359%. This is the percent change in the value of RETL over the most recent 3-month period.

The standard deviation of RETL for the past year is 0.7953%. 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 RETL include SSO, TNA, and QID.

ETFs correlated to RETL include XRT, FXD, and RSPD.

ETFs that are inversely correlated to RETL include RWM, TZA, and SRTY.

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

Yes, RETL is a Leveraged (3x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of S&P Retail Select Industry Index, but move 3x in the opposite direction.

Disclaimers

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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.