Direxion Daily Regional Banks Bull 3X Shares (DPST)
| Assets | $915.64M |
| Expense Ratio | 0.95% |
| PE Ratio | 215.72 |
| Shares Out | 5.87M |
| Dividend (ttm) | $1.93 |
| Dividend Yield | 1.30% |
| Ex-Dividend Date | Sep 24, 2024 |
| Payout Ratio | 274.55% |
| 1-Year Return | +108.11% |
| Volume | 333,148 |
| Open | 151.78 |
| Previous Close | 151.96 |
| Day's Range | 146.00 - 153.81 |
| 52-Week Low | 56.46 |
| 52-Week High | 174.22 |
| Beta | 2.95 |
| Holdings | 154 |
| Inception Date | Aug 19, 2015 |
About DPST
Fund Home PageThe Direxion Daily Regional Banks Bull 3X Shares (DPST) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund provides 3x leveraged exposure to an equally-weighted index of US regional banking stocks. DPST was launched on Aug 19, 2015 and is issued by Direxion.
Top 10 Holdings
249.62% of assets| Name | Symbol | Weight |
|---|---|---|
| S&P REGIONAL BANKS SELECT INDUSRTY INDEX SWAP | n/a | 46.36% |
| S&P REGIONAL BANKS SELECT INDUSRTY INDEX SWAP | n/a | 42.17% |
| S&P REGIONAL BANKS SELECT INDUSRTY INDEX SWAP | n/a | 33.16% |
| S&P REGIONAL BANKS SELECT INDUSRTY INDEX SWAP | n/a | 32.72% |
| S&P REGIONAL BANKS SELECT INDUSRTY INDEX SWAP | n/a | 29.36% |
| S&P REGIONAL BANKS SELECT INDUSRTY INDEX SWAP | n/a | 25.47% |
| S&P REGIONAL BANKS SELECT INDUSRTY INDEX SWAP | n/a | 15.07% |
| GOLDMAN FINL SQ TRSRY INST 506 | n/a | 14.60% |
| DREYFUS GOVT CASH MAN INS | n/a | 6.93% |
| M&T Bank Corporation | MTB | 3.77% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2024 | $0.493 | Oct 1, 2024 |
| Jun 25, 2024 | $0.441 | Jul 2, 2024 |
| Mar 19, 2024 | $0.556 | Mar 26, 2024 |
| Dec 21, 2023 | $0.444 | Dec 29, 2023 |
| Sep 19, 2023 | $0.462 | Sep 26, 2023 |
| Jun 21, 2023 | $0.460 | Jun 28, 2023 |
News
Regional Banking Boom Shines Spotlight On Direxion's 3X DPST Fund
While apprehensiveness ahead of the third-quarter earnings season permeated the air, the U.S. regional banking sector has proven doubters wrong, at least according to JPMorgan Chase analyst Anthony El...
Positive Bank Earnings Can Push These ETFs Higher
The S&P 500 Financials sector is up about 25% this year and a spate of positive bank earnings can continue to push the sector higher. Additionally, it opens up opportunities in leveraged ETFs.
DPST: Regional Banks Offer Strong Returns Until Crisis Strikes
The Direxion Daily Regional Banks Bull 3X Shares ETF tracks a modified equal weight index of US regional banks, giving it greater diversification and a small-capitalization tilt. DPST's expense ratio ...
DPST: Regional Banks Teeter As NYCB Gets Junk Rating
New York Community Bancorp sent tremors across the regional banking sector. Does Moody's downgrade mark the bottom or just the bottom of an innings?
DPST: Watch Out For Renewed Banking Stress
The DPST ETF allows investors to place leveraged bets on the regional bank sector. It delivers 3x 1-day return of the S&P Regional Banks Select Industry Index. The regional bank crisis may be brewing ...
DPST: The Lotto Ticket After A Credit Event
Direxion Daily Regional Banks Bull 3X Shares ETF is a leveraged ETF designed to provide exposure to the regional banking sector. The DPST fund's leverage resets daily, making it unsuitable for long-te...
Why We May Be Only In The Early Stages Of A Banking Crisis
Bank assets and liabilities are at an extreme duration mismatch, where balance sheets are filled with long-duration, low-yielding fixed-income securities and loans, while liabilities are shorter-term ...
DPST And BTO: Schrodinger's Regional Banks
Regional Banks have all the characteristics of Schrodinger's Cat. They appear phenomenally cheap on current earnings. They are dead in the water when you price in a reasonable cost of funds.
June MDA Breakout Stocks/ETFs Week 25 - 2023: High-Frequency Gainers To Give You An Edge
Two new Breakout Stocks for Week 25 with better than 10% short-term upside, ETF updates, and two Dow 30 Picks. Average cumulative returns for 2023 are +105.71% YTD. Last week, we had peak gains in LUN...
Regional Banking Concerns Produce Financial Services ETF Outflows
Lipper Financial Services ETFs recorded their largest weekly outflow of the year over the past fund flows week (-$1.4 billion). On top of the bank failures, market participants are worried about the l...
DPST: An Opportunity For Risk-Hungry Investors
I downgraded the Direxion Daily Regional Banks Bull 3X Shares last month, but the recent selloff has led me to revisit the bearish call. The economic outlook remains concerning, but the much lower ETF...
DPST: This Is Not The Time To Play With Fire
The Direxion Daily Regional Banks Bull 3X Shares ETF is about as aggressive a fund as one may find in the market. I thought that going long DPST in March 2020 made sense — but not so much today, despi...
DPST Is Dangerous Right As Banks Move To Shore Up Reserves
The news in banking is that SVB Capital had to sell securities marked for sale in order to shore up cash balances, as well as issue new shares. SVB finances venture, so this is another negative indica...
Direxion Announces Forward and Reverse Splits of Four ETFs
NEW YORK, Sept. 24, 2021 /PRNewswire/ -- Direxion has announced it will execute forward share splits for two of its exchange-traded funds ("ETFs"), as well as reverse share splits for an additional tw...
Financials Look Ripe For A Reversal
The financials and banking stocks have been some of the best performing of the reflation trade since the second half of 2020. On the whole, we know banks like to make their profits by lending long ter...