Skip to Content
Trade options on Composer. Earn up to $200 in cash rebates!Get Started.T&Cs apply.
ETFs

Direxion Daily Consumer Discretionary Bull 3X Shares

WANT
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Nov 29, 2018
Expense Ratio
0.95%
Type
US Equities
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$929,081
AUM
$29,079,345
Associated Index
S&P Consumer Discretionary Select Sector Index
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AMZN
Amazon.com Inc.
5.98%
TSLA
Tesla Inc
5.21%
—
GOLDMAN SACHS FIN GOV 465 INSTITUT
4.36%
—
DREYFUS GOVT CASH MAN INS
2.95%
MCD
McDonald`s Corp
1.22%
HD
Home Depot, Inc.
1.17%
LOW
Lowe`s Cos., Inc.
1.08%
NKE
Nike, Inc. - Ordinary Shares - Class B
0.97%
BKNG
Booking Holdings Inc
0.96%
SBUX
Starbucks Corp.
0.94%
Invest with WANT
Trade WANT Options

What is WANT?

The Direxion Daily Consumer Discretionary Bull and Bear 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the Consumer Discretionary Select Sector Index. The Consumer Discretionary Select Sector Index (IXYTR) is provided by S&P Dow Jones Indices and includes domestic companies from the consumer discretionary sector which includes the following industries: media; retail (specialty, multiline, internet & catalog); hotels, restaurants & leisure; textiles, apparel & luxury goods; household durables; automobiles; automobile components; distributors; leisure equipment & products; and diversified consumer services.

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

WANT
Performance Measures**

for the time period Nov 29, 2018 to Dec 15, 2025

Returns

1M Trailing Return: 18.4%

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

3M Trailing Return: -1.6%

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

Measures of Risk or Volatility

Max Drawdown: -85.9%

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

Standard Deviation: 72.4%

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: 0.52

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: 0.14

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

ETFs related toWANT

ETFs correlated to WANT include XLY, FDIS, VCR

WANT
Direxion Shares ETF Trust - Direxion Daily Consumer Discretionary Bull 3X Shares
XLY
SSgA Active Trust - Consumer Discretionary Select Sector SPDR
FDIS
Fidelity Covington Trust - Fidelity MSCI Consumer Discretionary Index ETF
VCR
Vanguard Group, Inc. - Vanguard Consumer Discretionary ETF
IYC
BlackRock Institutional Trust Company N.A. - iShares U.S. Consumer Discretionary ETF
CGGR
Capital Group Companies Inc - Capital Group Growth ETF
ARKQ
ARK Investment Management LLC - ARK Autonomous Technology & Robotics ETF
SFY
Tidal ETF Trust - SoFi Select 500 ETF
FBCG
Fidelity Covington Trust - Fidelity Blue Chip Growth ETF
JGRO
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Growth ETF
VUG
Vanguard Group, Inc. - Vanguard Growth 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 toWANT

Which Way Is Up? Trading 1.3

Category

Tactical, trend-following, momentum, volatility, leveraged ETFs, inverse ETFs, sector rotation, daily rebalancing

OOS Cumulative Return

250.7%

Serious Business

Category

Tactical allocation, leveraged ETFs, trend+momentum, mean reversion, volatility control, bonds, tech/semis focus, hedging

OOS Cumulative Return

134.76%

Create your own algorithmic trading strategy with WANT using Composer

FAQ

WANT is a US Equities ETF. The Direxion Daily Consumer Discretionary Bull and Bear 3X Shares seek daily investment results, before fees and expenses, of 300%, or 300% of the inverse (or opposite), of the performance of the Consumer Discretionary Select Sector Index. The Consumer Discretionary Select Sector Index (IXYTR) is provided by S&P Dow Jones Indices and includes domestic companies from the consumer discretionary sector which includes the following industries: media; retail (specialty, multiline, internet & catalog); hotels, restaurants & leisure; textiles, apparel & luxury goods; household durables; automobiles; automobile components; distributors; leisure equipment & products; and diversified consumer services.

WANT tracks the S&P Consumer Discretionary Select Sector Index.

No, WANT 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, WANT 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 WANT is -0.031%. This is the percent change in the value of WANT over the most recent 1-month period. The 3-month return on WANT is -0.0756%. This is the percent change in the value of WANT over the most recent 3-month period.

The standard deviation of WANT for the past year is 0.7103%. 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 WANT include SCC, UCC, and TQQQ.

ETFs correlated to WANT include XLY, FDIS, and VCR.

ETFs that are inversely correlated to WANT include SQQQ, QID, and PSQ.

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

No, WANT 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.