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ETFs

Direxion Daily Retail Bull 3X Shares

RETL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 14 2010
Expense Ratio
0.97%
Type
US Equities
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$3,095,862
AUM
$43,074,180
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
GOLDMAN FINL SQ TRSRY INST 506
2.58%
n/a
DREYFUS GOVT CASH MGMT
2.41%
n/a
GOLDMAN FINL SQ TRSRY INS
2.07%
n/a
DREYFUS GOVT CASH MGMT
1.89%
n/a
GOLDMAN FINL SQ TRSRY INS
1.60%
AMZN
Amazon.com Inc.
0.33%
SFIX
Stitch Fix Inc - Ordinary Shares - Class A
0.33%
CVNA
Carvana Co. - Ordinary Shares - Class A
0.32%
ASO
Academy Sports and Outdoors Inc
0.32%
ETSY
Etsy Inc
0.32%
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, RCD

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
RCD
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Consumer Discretionary ETF
IYC
BlackRock Institutional Trust Company N.A. - iShares U.S. Consumer Discretionary ETF
CALF
Pacer Funds Trust - Pacer US Small Cap Cash Cows 100 ETF
VCR
Vanguard Group, Inc. - Vanguard Consumer Discretionary ETF
FDIS
Fidelity Covington Trust - Fidelity MSCI Consumer Discretionary Index ETF
IBUY
Amplify ETF Trust - Amplify Online Retail ETF
SMOT
VanEck ETF Trust - VanEck Morningstar SMID Moat ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index 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

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

Create your own algorithmic trading strategy with RETL using Composer

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 -0.292%. This is the percent change in the value of RETL over the most recent 1-month period. The 3-month return on RETL is -0.0404%. 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 1.0844%. 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 QLD, SH, and QID.

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

ETFs that are inversely correlated to RETL include HIBS, 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.