Summary
Direxion Daily S&P 500 High Beta Bull 3X ETF is an ETF - a fund traded on an exchange like a stock - run by Direxion. Positions inside: 107. The ten largest make up 282% of the fund.
- Yearly costs
- 1.01%
- Fund size
- $87.0M
- Positions
- 107
- Dividend yield
- 1.91%
- Running since
- 2019
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 282% of the fund, so its result rests on a few names.
- Costs of 1.01% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 82% from its high.
- A small fund with $87.0M under management; small funds get closed more often.
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
- -32%
- 3 months
- -19%
- This year
- +19%
- 1 year
- +19%
- 3 years
- +277%
- 5 years
- +3.8%
- Avg. market cap
- $297.4B
- P/E
- 27.9x
- Forward P/E
- 21.4x
- P/S
- 3.6x
- P/B
- 5.6x
- P/FCF
- 23.8x
- EV/EBITDA
- 20.4x
- Dividend yield
- 0.46%
- ROIC
- 15.7%
- ROE
- 29.4%
- Gross margin
- 45.5%
- Operating margin
- 16.2%
- Net margin
- 8.2%
- Payout ratio
- 12.8%
- Net debt/EBITDA
- 1.4x
- Beta
- 4.95
Weighted average of the 50 largest companies, which make up 40% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 SP5HBI SWAP ASSET LEG (SP5HBIBCL) 160%
- 2 SP5HBI SWAP ASSET LEG (SP5HBIUBL) 48%
- 3 GOLDMAN SACHS FIN GOV 465 INSTITUT 37%
- 4 SP5HBI SWAP ASSET LEG (SP5HBICTL) 27%
- 5 GOLDMAN FINL SQ TRSRY INST 506 2.6%
- 6 MRModerna MRNA 2.0%
- 7 DREYFUS GOVT CASH MAN INS 1.9%
- 8 SNSandisk SNDK 1.5%
- 9 COCoinbase COIN 1.3%
- 10 AMAMD AMD 1.2%
Positions in the fund: 107. The ten largest make up 282% of it.
Composition as of Oct 24, 2026.
Where is it spread?
Spread outBy sector
- Technology 11%
- Industrials 3.1%
- Financials 2.1%
- Consumer cyclical 1.9%
- Healthcare 1.1%
- Other 80%
By country
- United States 19%
- Ireland 0.6%
- Singapore 0.2%
- Netherlands 0.2%
- Other countries 80%
By company size
- Mega cap 25%
- Large cap 74%
- Mid cap 1.7%
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 64% of the fund.
Largest sector: Technology (11%). Largest country: United States (19%). Largest size group: Large cap (74%).
What does it cost me?
Expensive- A year from $10,000
- $101
- Over 20 years
- $4,664
From every $10,000 invested the fund takes $101 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 $4,664.
How has it done?
Growing slowly- A year on average, 5 years
- +0.7%
- Deepest drop
- -82%
- Yearly volatility
- 85%
Average yearly growth over the last five years: 0.7%. Deepest drop in these years: 82% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.91%
- Payments a year
- 3
- Last payment
- $0.08
Over the last 12 months it paid $1.49 per share, which is 1.91% of today's price. The last payment was $0.08 on Jun 23, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $4.02M
- Shares a day
- 52K
On an average day about $4.02M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 27.9
- Average Bulios Score
- 59 out of 100
Weight by Bulios Fair Price
- Undervalued 13%
- Fairly valued 2.1%
- Overvalued 85%
On average the companies inside trade for 27.9 times their yearly profit. By Fair Price, 85% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 40% 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 | ||
|---|---|---|---|---|---|---|
AL ALTL Pacer Lunt Large Cap Alternator ETF | United States | 0.60% | $88.7M | -12% | Pays out | 64% |
SP SPHB Invesco S&P 500 High Beta ETF | United States | 0.25% | $801.0M | +19% | Pays out | 63% |
PA PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF | United States | 0.60% | $190.6M | +1.6% | Pays out | 37% |
RS RSPT Invesco S&P 500 Equal Weight Technology ETF | United States | 0.40% | $4.37B | +40% | Pays out | 30% |
TR TRFM AAM Transformers ETF | United States | 0.49% | $137.5M | +8.2% | Pays out | 27% |
FC FCTR First Trust Lunt U.S. Factor Rotation ETF | United States | 0.65% | $48.0M | -5.0% | Pays out | 27% |