# WANT (Direxion Daily Consumer Discretionary Bull 3X ETF)

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

Three months to Sep 11, 2026: WANT returned −13.7% where its own daily promise gave −11.4%, 2.2 points short.

## Key facts

- WANT, what XLY did: −2.9%, as of Sep 11, 2026.
- WANT, what +3 times a day gives: −11.4%, as of Sep 11, 2026.
- WANT, what the fund returned: −13.7%, as of Sep 11, 2026.
- WANT, the fund itself cost: −2.2 pts, as of Sep 11, 2026.
- WANT, net assets: $21m (source, as filed for Apr 30, 2026).
- WANT, expense ratio: 1.00% (485BPOS XBRL, Feb 26, 2026).

## WANT over each window to Sep 11, 2026

| Window | Fund | XLY | +3x the move | Difference | XLY moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −13.4% | −4.2% | −12.5% | −0.8 pts | 16% |
| 3 months | −13.7% | −2.9% | −8.8% | −4.9 pts | 21% |
| 6 months | −4.9% | +2.3% | +6.9% | −11.8 pts | 21% |
| 1 year | −28.8% | −4.1% | −12.3% | −16.5 pts | 19% |
| 3 years | +16.5% | +34.8% | +104.4% | −87.9 pts | 21% |
| Since launch | +52.8% | +126.6% | not meaningful over this window | not meaningful over this window | 24% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +3 times the daily move of XLY, reset daily | ETFIQ |
| Multiple a holder actually got over the window | XLY moved −2.9% over this window, too little to read a multiple from | ETFIQ |
| Underlying | XLY | ETFIQ |
| Segment | sector or country, sector | ETFIQ |
| Net assets | $21m | source, as filed for Apr 30, 2026 |
| Expense ratio | 1.00% | 485BPOS XBRL, Feb 26, 2026 |
| Launched | Nov 29, 2018 | ETFIQ |
| Underlying volatility over the window | 21% annualized | ETFIQ |

## Questions

### Did WANT return +3 times XLY?

Over the window to Sep 11, 2026, XLY moved −2.9% and WANT returned −13.7%. 3 times that move is −8.8%, so the fund came out 4.9 points short of it.

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

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

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