DPSTDirexion Daily Regional Banks Bull 3X Shares
DPST Fund Description
DPST provides 3x leveraged exposure to a equally weighted index of US regional banking stocks.
DPST Factset Analytics Insight
DPST provides a way for investors to take a 3x leveraged bullish exposure to the S&P Regional Banks Select Industry Index. While the expense ratio associated with the fund may seem high, it’s a very standard fee compared with similarly levered funds on the market. Also consider that DPST is designed to be a short-term trading vehicle, not a long-term investment, so trading costs will have a bigger impact than the expense ratio. The fund rebalances its levered exposure daily. As a result, compounding and path dependency make its long-term returns unpredictable compared with its underlying index.DPST changed its underlying index from Solactive U.S. Regional Banks Total Return Index to S&P Regional Banks Select Industry Index on 12/1/2016.
DPST MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of January 17, 2019 the Direxion Daily Regional Banks Bull 3X Shares MSCI ESG Fund Quality Score is 4.37 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. DPST ranks in the 0th percentile within its peer group and in the 15th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
DPST CHARTS AND PERFORMANCE
DPST Portfolio Data
DPST Index Data
DPST Fund Structure
DPST Tax Exposures
DPST Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DPST. DPST is rated a N/A out of 5.