# RETL (Direxion Daily Retail Bull 3X ETF)

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

Three months to Sep 11, 2026: RETL returned −13.7% where its own daily promise gave −11.9%, 1.7 points short.

## Key facts

- RETL, what XRT did: −3.1%, as of Sep 11, 2026.
- RETL, what +3 times a day gives: −11.9%, as of Sep 11, 2026.
- RETL, what the fund returned: −13.7%, as of Sep 11, 2026.
- RETL, the fund itself cost: −1.7 pts, as of Sep 11, 2026.
- RETL, net assets: $31m (source, as filed for Apr 30, 2026).
- RETL, expense ratio: 0.96% (485BPOS XBRL, Feb 26, 2026).

## RETL over each window to Sep 11, 2026

| Window | Fund | XRT | +3x the move | Difference | XRT moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −14.5% | −4.5% | −13.5% | −1.0 pts | 20% |
| 3 months | −13.7% | −3.1% | −9.4% | −4.2 pts | 21% |
| 6 months | +8.0% | +6.5% | +19.4% | −11.4 pts | 21% |
| 1 year | −27.1% | −3.0% | −9.2% | −18.0 pts | 21% |
| 3 years | +31.1% | +42.0% | +126.0% | −94.9 pts | 23% |
| Since launch | +652.1% | +462.7% | not meaningful over this window | not meaningful over this window | 25% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +3 times the daily move of XRT, reset daily | ETFIQ |
| Multiple a holder actually got over the window | XRT moved −3.1% over this window, too little to read a multiple from | ETFIQ |
| Underlying | XRT | ETFIQ |
| Segment | sector or country, sector | ETFIQ |
| Net assets | $31m | source, as filed for Apr 30, 2026 |
| Expense ratio | 0.96% | 485BPOS XBRL, Feb 26, 2026 |
| Launched | Jul 14, 2010 | ETFIQ |
| Underlying volatility over the window | 21% annualized | ETFIQ |

## Questions

### Did RETL return +3 times XRT?

Over the window to Sep 11, 2026, XRT moved −3.1% and RETL returned −13.7%. 3 times that move is −9.4%, so the fund came out 4.2 points short of it.

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

Because it resets daily. RETL 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, RETL, data as of Sep 11, 2026. https://etfiq.com/funds/RETL
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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