UTSL ETF — Direxion Daily Utilities Bull 3X Shares

Direxion Daily Utilities Bull 3X Shares (UTSL)

Updated October 16, 2026.

UTSL is an ETF. its distribution rate is 4.47%, its trailing-12-month yield is 2.61%, its expense ratio is 0.97%. Dividend Vision Distribution Safety Score™ is 40/100 (Caution). Total return is 75.9% over the past 9.5 years, 195.1 points behind SPY at 271.0%.

Direxion Daily Utilities Bull 3X Shares is an ETF that seeks to deliver three times the daily leveraged return of an index of domestic utilities companies, including electric utilities, multi-utilities, and water utilities, using financial instruments such as swap agreements and other ETFs. The fund has a modest current distribution rate paid quarterly, with a 0.97% expense ratio. This leveraged fund appeals to tactical traders and short-term investors seeking amplified exposure to utilities sector price movements, though leverage introduces significant daily rebalancing costs and volatility risk unsuitable for buy-and-hold strategies.

UTSL performance versus SPY

Price and return data through 2026-10-16.

Total return is 75.9% over the past 9.5 years, 195.1 points behind SPY at 271.0%. Over the past year its total return — price change plus distributions reinvested — is -29.3%. Its deepest 1-year drawdown was 46.7%.

UTSL key facts

Distribution Safety Score™

40 · Caution

Safety-Adjusted Yield

1.79%

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

05/03/2017

Expense ratio

0.97%

Distribution rate

4.47%

Distribution frequency

Quarterly

Trailing yield

2.61%

Last close

$35.36 (as of 2026-10-16)

AUM

$71,894,365

Average volume

375520.0

Dividend

$0.395

Ex-dividend date

09/22/2026

Payment date

09/29/2026

Beta

0.95

How Dividend Vision calculates yield and returns

Distribution rate (4.47%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.61%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Direxion; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

UTSL risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 46.7%.

Who may consider UTSL — and who may not

UTSL may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (UTSL pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on UTSL

• All tickers starting with U

Tagged: Leverage.

Frequently asked questions

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