# DPST (Direxion Daily Regional Banks Bull 3X ETF)

Direxion · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: DPST returned −0.7% where its own daily promise gave +1.6%, 2.2 points short.

## Key facts

- DPST, what KRE did: +1.3%, as of Sep 11, 2026.
- DPST, what +3 times a day gives: +1.6%, as of Sep 11, 2026.
- DPST, what the fund returned: −0.7%, as of Sep 11, 2026.
- DPST, the fund itself cost: −2.3 pts, as of Sep 11, 2026.
- DPST, net assets: $496m (source, as filed for Apr 30, 2026).
- DPST, expense ratio: 0.92% (485BPOS XBRL, Feb 26, 2026).

## DPST over each window to Sep 11, 2026

| Window | Fund | KRE | +3x the move | Difference | KRE moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −14.1% | −4.5% | −13.5% | −0.6 pts | 15% |
| 3 months | −0.7% | +1.3% | +3.8% | −4.4 pts | 17% |
| 6 months | +51.1% | +18.4% | +55.4% | −4.2 pts | 19% |
| 1 year | +22.7% | +16.1% | +48.2% | −25.5 pts | 22% |
| 3 years | +127.2% | +84.1% | +252.4% | −125.2 pts | 28% |
| Since launch | −80.1% | +126.3% | not meaningful over this window | not meaningful over this window | 31% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +3 times the daily move of KRE, reset daily | ETFIQ |
| Multiple a holder actually got over the window | KRE moved +1.3% over this window, too little to read a multiple from | ETFIQ |
| Underlying | KRE | ETFIQ |
| Segment | sector or country, sector | ETFIQ |
| Net assets | $496m | source, as filed for Apr 30, 2026 |
| Expense ratio | 0.92% | 485BPOS XBRL, Feb 26, 2026 |
| Launched | Aug 19, 2015 | ETFIQ |
| Underlying volatility over the window | 17% annualized | ETFIQ |

## Questions

### Did DPST return +3 times KRE?

Over the window to Sep 11, 2026, KRE moved +1.3% and DPST returned −0.7%. 3 times that move is +3.8%, so the fund came out 4.4 points short of it.

### Why does DPST not return +3 times over a year?

Because it resets daily. DPST aims at +3 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +3 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, DPST, data as of Sep 11, 2026. https://etfiq.com/funds/DPST
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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