Summary
Direxion Daily Regional Banks Bull 3X ETF is an ETF - a fund traded on an exchange like a stock - run by Direxion. Positions inside: 178. The ten largest make up 243% of the fund.
- Yearly costs
- 0.92%
- Fund size
- $327.6M
- Positions
- 178
- Dividend yield
- 1.95%
- Running since
- 2015
What speaks for it
- Easy to buy and sell: about $27.7M changes hands a day.
- It has been running since 2015.
What to watch
- The ten largest positions make up 243% of the fund, so its result rests on a few names.
- 100% of the fund is in one sector (Financials).
- 81% of the fund is in one country (United States).
- Costs of 0.92% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 94% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -11%
- 3 months
- -27%
- This year
- +9.3%
- 1 year
- +40%
- 3 years
- +125%
- 5 years
- -78%
- 10 years
- -84%
- Avg. market cap
- $9.05B
- P/E
- 11.9x
- Forward P/E
- 11.1x
- P/S
- 2.6x
- P/B
- 1.1x
- P/FCF
- 9.1x
- EV/EBITDA
- -
- Dividend yield
- 2.80%
- ROIC
- -
- ROE
- 10.2%
- Gross margin
- -
- Operating margin
- 26.7%
- Net margin
- 22.9%
- Payout ratio
- 33.3%
- Net debt/EBITDA
- -
- Beta
- 2.99
Weighted average of the 50 largest companies, which make up 42% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 SPSIRBK SWAP ASSET LEG (SPSIRBCTL) 63%
- 2 SPSIRB SWAP ASSET LEG (SPSIRBSGL) 44%
- 3 SPSIRB SWAP ASSET LEG (SPSIRBMLL) 42%
- 4 SPSIRBK SWAP ASSET LEG (SPSIRBBCL) 37%
- 5 SPSIRB SWAP ASSET LEG (SPSIRBUBL) 27%
- 6 GOLDMAN FINL SQ TRSRY INST 506 11%
- 7 SPSIRBK SWAP ASSET LEG (SPSIRBGSL) 7.9%
- 8 DREYFUS TRSRY SECURITIES CASH MGMT 6.3%
- 9 SPSIRBK SWAP ASSET LEG (SPSIRBJPL) 3.3%
- 10 GOLDMAN SACHS FIN GOV 465 INSTITUT 2.6%
Positions in the fund: 178. The ten largest make up 243% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Financials 100%
By country
- United States 81%
- Puerto Rico 2.3%
- Other countries 17%
By company size
- Large cap 9.9%
- Mid cap 66%
- Small cap 24%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 75% of the fund.
Largest sector: Financials (100%). Largest country: United States (81%). Largest size group: Mid cap (66%).
What does it cost me?
Expensive- A year from $10,000
- $92.00
- Over 20 years
- $4,282
From every $10,000 invested the fund takes $92.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,282.
How has it done?
Losing value- A year on average, 10 years
- -17%
- Deepest drop
- -94%
- Yearly volatility
- 64%
Average yearly decline over the last ten years: 17%. Deepest drop in these years: 94% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.95%
- Payments a year
- 4
- Last payment
- $0.41
Over the last 12 months it paid $2.10 per share, which is 1.95% of today's price. The last payment was $0.41 on Sep 22, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $27.7M
- Shares a day
- 257K
On an average day about $27.7M of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 11.9
- Average Bulios Score
- 68 out of 100
Weight by Bulios Fair Price
- Undervalued 58%
- Fairly valued 6.0%
- Overvalued 36%
On average the companies inside trade for 11.9 times their yearly profit. By Fair Price, 58% of the rated weight comes out as undervalued.
Counted from its largest companies (50), which make up 42% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
KR KRE State Street SPDR S&P Regional Banking ETF | United States | 0.35% | $3.42B | +18% | Pays out | 76% |
KB KBE State Street SPDR S&P Bank ETF | United States | 0.35% | $1.39B | +14% | Pays out | 59% |
QA QABA First Trust NASDAQ ABA Community Bank Index Fund | United States | 0.63% | $84.2M | +22% | Pays out | 38% |
PS PSCF Invesco S&P SmallCap Financials ETF | United States | 0.29% | $26.4M | +11% | Pays out | 30% |
FT FTXO First Trust Nasdaq Bank ETF | United States | 0.60% | $242.7M | +16% | Pays out | 29% |
XS XSLV Invesco S&P SmallCap Low Volatility ETF | United States | 0.25% | $233.8M | +8.7% | Pays out | 25% |