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ETFs

Direxion Daily Utilities Bull 3X Shares

UTSL
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
May 3, 2017
Expense Ratio
0.95%
Type
US Equities
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$2,987,036
AUM
$35,637,695
Associated Index
S&P Utilities Select Sector Index
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
GOLDMAN SACHS FIN GOV 465 INSTITUT
3.77%
NEE
NextEra Energy Inc
3.6%
—
DREYFUS GOVT CASH MAN INS
3.57%
SO
Southern Company
1.99%
DUK
Duke Energy Corp.
1.89%
SRE
Sempra Energy
1.19%
AEP
American Electric Power Company Inc.
1.07%
EXC
Exelon Corp.
1.05%
D
Dominion Energy Inc
1.05%
PCG
PG&E Corp.
0.94%
Invest with UTSL
Trade UTSL Options

What is UTSL?

The Direxion Daily Utilities Bull 3X Shares seeks daily investment results, before fees and expenses, of 300% of the performance of the Utilities Select Sector Index. The Utilities Select Sector Index (IXUTR) is provided by S&P Dow Jones Indices and includes domestic companies from the utilities sector which includes the following industries: electric utilities; multi-utilities; water utilities; independent power producers and energy trades; and gas utilities.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

UTSL
Performance Measures**

for the time period May 3, 2017 to Dec 4, 2025

Returns

1M Trailing Return: -5.9%

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

3M Trailing Return: 11.8%

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

Measures of Risk or Volatility

Max Drawdown: -79.5%

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

Standard Deviation: 59.7%

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: 0.45

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: 0.11

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

ETFs related toUTSL

ETFs correlated to UTSL include XLU, FUTY, VPU

UTSL
Direxion Shares ETF Trust - Direxion Daily Utilities Bull 3X Shares
XLU
SSgA Active Trust - Utilities Select Sector SPDR ETF
FUTY
Fidelity Covington Trust - Fidelity MSCI Utilities Index ETF
VPU
Vanguard Group, Inc. - Vanguard Utilities ETF
IDU
BlackRock Institutional Trust Company N.A. - iShares U.S. Utilities ETF
RSPU
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Utilities ETF
FXU
First Trust Exchange-Traded Fund III - First Trust Utilities AlphaDEX Fund
SPLV
Invesco Capital Management LLC - Invesco S&P 500 Low Volatility ETF
LVHD
Legg Mason ETF Investment Trust - Franklin U.S. Low Volatility High Dividend Index ETF
FVD
First Trust Exchange-Traded Fund III - First Trust Value Line Dividend Index Fund
LGLV
SPDR Series Trust - SPDR SSGA US Large Cap Low Volatility 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.

Trading Strategies
Related toUTSL

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Category

Tactical allocation, leveraged ETFs, trend-following, momentum, volatility regime, tech-heavy, semiconductors, hedged, market timing

OOS Cumulative Return

367.45%

🏴‍☠️ Expired Warranty V10, EricS with pirated content from BrianE, Ronniem90, narwhal44, DereckN, HinnomTX.

Category

Tactical rotation, leveraged ETFs, volatility hedging, trend-following, mean reversion, risk-on/risk-off, bonds, gold, crypto overlay

OOS Cumulative Return

300.14%

Create your own algorithmic trading strategy with UTSL using Composer

FAQ

UTSL is a US Equities ETF. The Direxion Daily Utilities Bull 3X Shares seeks daily investment results, before fees and expenses, of 300% of the performance of the Utilities Select Sector Index. The Utilities Select Sector Index (IXUTR) is provided by S&P Dow Jones Indices and includes domestic companies from the utilities sector which includes the following industries: electric utilities; multi-utilities; water utilities; independent power producers and energy trades; and gas utilities.

UTSL tracks the S&P Utilities Select Sector Index.

No, UTSL 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, UTSL 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 UTSL is 0.0107%. This is the percent change in the value of UTSL over the most recent 1-month period. The 3-month return on UTSL is -0.1292%. This is the percent change in the value of UTSL over the most recent 3-month period.

The standard deviation of UTSL for the past year is 0.5811%. 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 UTSL include UPW, SDP, and SSO.

ETFs correlated to UTSL include XLU, FUTY, and VPU.

ETFs that are inversely correlated to UTSL include DRV, SRS, and SDOW.

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

No, UTSL 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.