ATLASDirexion Daily Utilities Bull 3X Shares (UTSL): outlook, holdings and fees
Direxion Daily Utilities Bull 3X Shares (UTSL) is an exchange-traded fund and is managed by Direxion Funds. The expense ratio is 0.96% and the yield is 3.20%. The ten largest holdings are 12% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on UTSL
| Last price | $38.38 (+0.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 49% |
| Likely 1-month range (50%) | $35.07 – $41.62 |
| Normal 1-day range (±1σ) | ±2.9% |
| Distribution yield | 3.20% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
UTSL fund facts
| Issuer | Direxion Funds |
|---|---|
| Theme | Leveraged |
| Assets under management | $71.9M |
| Expense ratio | 0.96% |
| Number of holdings | 31 |
| Portfolio turnover | 0% |
| Inception | May 3, 2017 |
| Exchange | NYSE |
The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds (ETFs) that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index includes domestic companies from the utilities sector which includes the following industries: electric utilities; multi-utilities; water utilities and etc. The fund is non-diversified.
UTSL top holdings
| Holding | Sector | Weight |
|---|---|---|
| Nextera Energy Inc NEE | Utilities | 2.57% |
| Southern Company SO | Utilities | 1.51% |
| Constellation Energy Corp CEG | Utilities | 1.50% |
| Duke Energy Corporation DUK | Utilities | 1.35% |
| American Electric Power Co Inc AEP | Utilities | 1.04% |
| Dominion Energy Inc D | Utilities | 0.81% |
| Sempra Energy SRE | Utilities | 0.84% |
| Vistra Corp. VST | Utilities | 0.74% |
| Entergy Corporation ETR | Utilities | 0.75% |
| Xcel Energy Inc XEL | Utilities | 0.68% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
UTSL sector breakdown
| Sector | Weight |
|---|---|
| Utilities | 100.0% |
By region: North America 100.0%.
UTSL returns and risk
| Year to date | -16.0% |
|---|---|
| 1 year | -29.8% |
| 3 years (annualised) | +29.6% |
| 5 years (annualised) | +4.6% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 45.2% |
| Sharpe ratio (3 years) | 0.53 |
Past returns do not guarantee future results.
UTSL: frequently asked questions
What does UTSL invest in?
Direxion Daily Utilities Bull 3X Shares invests in a portfolio of securities. Its largest holdings are Nextera Energy Inc (2.6%), Southern Company (1.5%), Constellation Energy Corp (1.5%), Duke Energy Corporation (1.3%), American Electric Power Co Inc (1.0%).
What is the UTSL expense ratio?
0.96% a year: about $96.00 for every $10,000 invested.
What is the UTSL dividend yield?
3.20%. ATLAS does not hold the exact distribution dates for ETFs.
Will UTSL go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 49%, with a likely range (50%) of $35.07 to $41.62 from $38.38 today. It is a probability, not a prediction.
How has UTSL performed?
Year to date -16.0%, one year -29.8%, three years +29.6% a year, five years +4.6% a year. Past returns do not guarantee future results.
Similar ETFs: Leveraged
Educational information, not investment advice. Disclaimer