GASL

Direxion Daily Natural Gas Related Bull 3X Shares
*Unless otherwise stated, data provided by FactSet.

GASL Fund Description

The Direxion Daily Natural Gas Related Bull ETF provides 3x daily exposure to an equal-weighted index of public companies significantly involved in the exploration and production of natural gas.

GASL Factset Analytics Insight

GASL provides daily 3x exposure to the ISE-Revere Natural Gas Index. This is the long version of sister-fund GASX, which provides 3x inverse exposure to the index. Simple long exposure can be had through First Trust's FCG. The fund achieves leverage primarily through the use of swap agreements, which carry counterparty risk. A list of holdings (including counterparties) is published daily on Direxion's website. Like all levered funds, GASL tends to underperform its target leverage in volatile markets if held for longer than its daily reset period, and is only suitable for short-term trading positions. Therefore, its high fee is less an issue than its liquidity. The fund has workable volume and spreads, although it's no match for the most liquid geared products.

GASL CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 06/14/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GASL -3.62% 20.15% -11.93% 9.82% -74.16% -70.94% --
GASL (NAV) -3.65% 20.24% -11.91% 9.96% -74.13% -70.94% --
ISE-REVERE Natural Gas Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GASL Summary Data

Direxion
07/14/10
Open-Ended Fund
1.06%
$34.87M
0.21%

GASL Portfolio Data

0.00%
06/19/18

GASL Index Data

Equal
Multi-Factor
N/A

GASL Fund Structure

Yes
No
No Policy
N/A
N/A
High
3
Daily

GASL Tax Exposures

20.00% / 39.60%
--
No
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

GASL Factset Analytics Block Liquidity

As of 06/15/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of GASL. GASL is rated a 5 out of 5.

GASL Tradability

152,616
$3.34M
140,427
$2.95M
0.21%
$0.05
-0.04%
0.74% / -0.52%
None
0.00%
50,000
2.81
0.02%
0.09%
5,837
$22.35
5