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

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

Three months to Sep 30, 2026: WANT returned −25.1% where its own daily promise gave −23.4%, 1.7 points short.

## Key facts

- WANT, what XLY did: −7.6%, as of Sep 30, 2026.
- WANT, what 3 times a day gives: −23.4%, as of Sep 30, 2026.
- WANT, what the fund returned: −25.1%, as of Sep 30, 2026.
- WANT, the fund itself cost: −1.7 pts, as of Sep 30, 2026.
- WANT, net assets: $16m (issuer page, as of Sep 30, 2026).
- WANT, expense ratio: 1.00% (485BPOS XBRL, Feb 26, 2026).

## WANT over each window to Sep 30, 2026

| Window | Fund | XLY | +3x the move | Difference | XLY moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −19.4% | −6.4% | −19.3% | −0.1 pts | 15% |
| 3 months | −25.1% | −7.6% | −22.9% | −2.2 pts | 19% |
| 6 months | −11.5% | −0.5% | −1.4% | −10.2 pts | 20% |
| 1 year | −38.2% | −8.4% | −25.3% | −12.9 pts | 19% |
| 3 years | +27.3% | +38.6% | +115.8% | −88.5 pts | 21% |
| Since launch | +36.5% | +118.8% | 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 | +3.28 times, against +3 stated | ETFIQ |
| Underlying | XLY | ETFIQ |
| Segment | sector or country, sector | ETFIQ |
| Net assets | $16m | issuer page, as of Sep 30, 2026 |
| Expense ratio | 1.00% | 485BPOS XBRL, Feb 26, 2026 |
| Launched | Nov 29, 2018 | ETFIQ |
| Underlying volatility over the window | 19% annualized | ETFIQ |

## Questions

### Did WANT return +3 times XLY?

Over the window to Sep 30, 2026, XLY moved −7.6% and WANT returned −25.1%. 3 times that move is −22.9%, so the fund came out 2.2 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 30, 2026. https://etfiq.com/funds/want
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/want  ·  JSON: https://etfiq.com/funds/want.json
