# CURE (Direxion Daily Healthcare Bull 3X ETF)

Direxion · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: CURE returned +13.8% where its own daily promise gave +16.3%, 2.5 points short.

## Key facts

- CURE, what XLV did: +6.0%, as of Sep 30, 2026.
- CURE, what 3 times a day gives: +16.3%, as of Sep 30, 2026.
- CURE, what the fund returned: +13.8%, as of Sep 30, 2026.
- CURE, the fund itself cost: −2.5 pts, as of Sep 30, 2026.
- CURE, net assets: $168m (issuer page, as of Sep 30, 2026).
- CURE, expense ratio: 0.94% (485BPOS XBRL, Feb 26, 2026).

## CURE over each window to Sep 30, 2026

| Window | Fund | XLV | +3x the move | Difference | XLV moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −3.6% | −0.9% | −2.6% | −1.0 pts | 14% |
| 3 months | +13.8% | +6.0% | +17.9% | −4.1 pts | 18% |
| 6 months | +38.8% | +14.9% | +44.8% | −6.0 pts | 17% |
| 1 year | +56.9% | +23.0% | +69.1% | −12.2 pts | 16% |
| 3 years | +51.9% | +37.5% | +112.5% | −60.6 pts | 15% |
| Since launch | +2815.8% | +528.4% | not meaningful over this window | not meaningful over this window | 16% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +3 times the daily move of XLV, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.31 times, against +3 stated | ETFIQ |
| Underlying | XLV | ETFIQ |
| Segment | sector or country, sector | ETFIQ |
| Net assets | $168m | issuer page, as of Sep 30, 2026 |
| Expense ratio | 0.94% | 485BPOS XBRL, Feb 26, 2026 |
| Launched | Jun 15, 2011 | ETFIQ |
| Underlying volatility over the window | 18% annualized | ETFIQ |

## Questions

### Did CURE return +3 times XLV?

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.

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

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.


## Cite this page

ETFIQ, CURE, data as of Sep 30, 2026. https://etfiq.com/funds/cure
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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