WANT — Direxion Daily Consumer Discretionary Bull 3X Shares
Direxion Daily Consumer Discretionary Bull 3X Shares (ticker: WANT) is a equity ETF issued by Rafferty Asset Management tracking S&P Consumer Discretionary Select Sector (300%). It was launched on 2018-11-29.
About WANT
WANT is an exchange-traded fund that seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P Consumer Discretionary Select Sector Index. The fund invests in a portfolio of derivatives instruments, including swap agreements, that provide leveraged exposure to the underlying index. It aims to achieve its stated investment objective on a daily basis.
This ETF could be considered by investors seeking magnified daily returns from the U.S. consumer discretionary sector. It is suitable for those with a high-risk tolerance who understand the complexities and risks associated with leveraged investment products.
- Tracks the S&P Consumer Discretionary Select Sector Index with 300% leveraged daily exposure.
- Holds 55 positions, primarily swap agreements to achieve its leveraged objective.
- Expense ratio stands at 0.97%.
- Total assets under management are $19M.
- For investors seeking aggressive, short-term exposure to the U.S. consumer discretionary sector.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 1.22% |
| 1 Week | -7.08% |
| 1 Month | -12.91% |
| 3 Months | -3.42% |
| 6 Months | -14.66% |
| YTD | -17.35% |
| 1 Year | 7.83% |
| 3 Years | 53.04% |
| 5 Years | -28.60% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | CONSUMER DISCRETIONARY SELECT SECTOR TR INDEX SWAP | IXYBC | 90.83% |
| 2 | CONSUMER DISCRETIONARY SELECT SECTOR TR INDEX SWAP | IXYBC | 90.83% |
| 3 | CONSUMER DISCRETIONARY SELECT SECTOR TR INDEX SWAP | IXYBC | 90.83% |
| 4 | CONSUMER DISCRETIONARY SELECT SECTOR TR INDEX SWAP | IXYBC | 90.83% |
| 5 | CONSUMER DISCRETIONARY SELECT SECTOR TR INDEX SWAP | IXYBC | 90.83% |
| 6 | CONSUMER DISCRETIONARY SELECT SECTOR TR INDEX SWAP | IXYBC | 90.83% |
| 7 | CONSUMER DISCRETIONARY SELECT SECTOR TR INDEX SWAP | IXYU | 87.60% |
| 8 | CONSUMER DISCRETIONARY SELECT SECTOR TR INDEX SWAP | IXYU | 87.60% |
| 9 | CONSUMER DISCRETIONARY SELECT SECTOR TR INDEX SWAP | IXYU | 87.60% |
| 10 | CONSUMER DISCRETIONARY SELECT SECTOR TR INDEX SWAP | IXYU | 87.60% |
Fund Profile
| Issuer | Rafferty Asset Management |
|---|---|
| Brand | Direxion |
| Asset Class | equity |
| Strategy | Vanilla |
| Structure | ETF |
| Category | Leveraged Equities |
| Segment | Leveraged Equity: U.S. Consumer Discretionary |
| Sector | Broad |
| Region | North America |
| Index Tracked | S&P Consumer Discretionary Select Sector (300%) |
| Inception Date | 2018-11-29 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | WANT |
|---|---|
| Full Name | Direxion Daily Consumer Discretionary Bull 3X Shares |
| Issuer | Rafferty Asset Management |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $16.35M |
| Inception | 2018-11-29 |
| Index Tracked | S&P Consumer Discretionary Select Sector (300%) |
Frequently Asked Questions
What does WANT track?
WANT (Direxion Daily Consumer Discretionary Bull 3X Shares) tracks S&P Consumer Discretionary Select Sector (300%), a equity benchmark.
What is the expense ratio of WANT?
WANT has an expense ratio of 0.01% per year.
What is the AUM of WANT?
WANT has approximately $16.35M in assets under management.
Does WANT pay a dividend?
WANT distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues WANT?
WANT is issued by Rafferty Asset Management under the Direxion brand, launched on 2018-11-29.
Open the interactive WANT dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.