{
 "ticker": "CURE",
 "name": "Direxion Daily Healthcare Bull 3X ETF",
 "issuer": "Direxion",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/cure",
 "html": "https://etfiq.com/funds/cure",
 "markdown": "https://etfiq.com/funds/cure.md",
 "as_of": "2026-09-30",
 "verdict": "Three months to Sep 30, 2026: CURE returned +13.8% where its own daily promise gave +16.3%, 2.5 points short.",
 "key_facts": [
  {
   "key": "what_xlv_did",
   "label": "What XLV did",
   "value": "+6.0%",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "CURE, what XLV did: +6.0%, as of Sep 30, 2026."
  },
  {
   "key": "what_3_times_a_day_gives",
   "label": "What 3 times a day gives",
   "value": "+16.3%",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "CURE, what 3 times a day gives: +16.3%, as of Sep 30, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+13.8%",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "CURE, what the fund returned: +13.8%, as of Sep 30, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22122.5 pts",
   "source": null,
   "as_of": "2026-09-30",
   "sentence": "CURE, the fund itself cost: \u22122.5 pts, as of Sep 30, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$168m",
   "source": "issuer page, as of Sep 30, 2026",
   "as_of": "2026-09-30",
   "sentence": "CURE, net assets: $168m (issuer page, as of Sep 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.94%",
   "source": "485BPOS XBRL, Feb 26, 2026",
   "as_of": "2026-09-30",
   "sentence": "CURE, expense ratio: 0.94% (485BPOS XBRL, Feb 26, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+3 times the daily move of XLV, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+2.31 times, against +3 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "XLV",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "sector or country, sector",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$168m",
   "source": "issuer page, as of Sep 30, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.94%",
   "source": "485BPOS XBRL, Feb 26, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jun 15, 2011",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "18% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u22123.6%",
   "XLV": "\u22120.9%",
   "+3x the move": "\u22122.6%",
   "Difference": "\u22121.0 pts",
   "XLV moved about": "14%"
  },
  {
   "window": "3 months",
   "Fund": "+13.8%",
   "XLV": "+6.0%",
   "+3x the move": "+17.9%",
   "Difference": "\u22124.1 pts",
   "XLV moved about": "18%"
  },
  {
   "window": "6 months",
   "Fund": "+38.8%",
   "XLV": "+14.9%",
   "+3x the move": "+44.8%",
   "Difference": "\u22126.0 pts",
   "XLV moved about": "17%"
  },
  {
   "window": "1 year",
   "Fund": "+56.9%",
   "XLV": "+23.0%",
   "+3x the move": "+69.1%",
   "Difference": "\u221212.2 pts",
   "XLV moved about": "16%"
  },
  {
   "window": "3 years",
   "Fund": "+51.9%",
   "XLV": "+37.5%",
   "+3x the move": "+112.5%",
   "Difference": "\u221260.6 pts",
   "XLV moved about": "15%"
  },
  {
   "window": "Since launch",
   "Fund": "+2815.8%",
   "XLV": "+528.4%",
   "+3x the move": "not meaningful over this window",
   "Difference": "not meaningful over this window",
   "XLV moved about": "16%"
  }
 ],
 "questions": [
  {
   "q": "Did CURE return +3 times XLV?",
   "a": "Over the window to Sep 30, 2026, XLV moved +6.0% and CURE returned +13.8%. 3 times that move is +17.9%, so the fund came out 4.1 points short of it."
  },
  {
   "q": "Why does CURE not return +3 times over a year?",
   "a": "Because it resets daily. CURE 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."
  }
 ],
 "generated": "2026-10-01",
 "license": "https://etfiq.com/license/",
 "license_text": "Free to use with attribution. ETFIQ (etfiq.com)."
}