Direxion Daily Regional Banks Bull 3X ETF
DPST
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 1301 Avenue of the Americas, 28th Floor New York City NY United States of America 10019
- IPO Date
- Aug 20, 2015
- CIK
- 0001424958
- Website
- direxion.com
- Similar Companies
- Business
- Direxion Daily Regional Banks Bull 3X Shares (DPST) is a leveraged exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 300% of the performance of the S&P Regional Banks Select Industry Index, a modified equal-weighted index measuring the performance of U.S. regional bank stocks classified under the Global Industry Classification Standard (GICS) regional banks sub-industry. The fund, issued by Direxion Shares ETF Trust and managed by Rafferty Asset Management, LLC, employs financial derivatives including swaps, futures, and cash management instruments such as Dreyfus Treasury Securities Cash Management and Goldman Sachs Financial Square Treasury Instruments to achieve its leveraged exposure; it holds approximately 166 positions with top regional bank holdings including Citizens Financial Group, East West Bancorp, Truist Financial Corporation, and First Horizon Corporation. Launched on August 19, 2015, and domiciled in the United States with primary listing on NYSE Arca, Inc., DPST targets sophisticated investors comfortable with high volatility and daily leverage risks, featuring a net expense ratio of 0.90% through September 1, 2026, under an operating expense limitation agreement. In recent developments, DPST reached an all-time high of $174.22 on November 25, 2024, driven by surges in regional bank stocks amid deregulation expectations and retail investor enthusiasm, before experiencing significant declines amid U.S. economic uncertainty into 2025. Institutional interest has grown, with new stakes acquired by entities such as 1st Source Bank (5,000 shares valued at $434,000 in Q2 2025), Toth Financial Advisory Corp, REDW Wealth LLC, and others, alongside increased holdings by Jump Financial LLC and Orion Portfolio Solutions LLC in Q3 2025. Direxion introduced an ETF Alert Service on January 23, 2024, providing automated price and volume text alerts, while the fund maintained quarterly income distributions, including $0.60817 per share on July 1, 2025, and continues to adjust portfolio weightings without major structural changes, acquisitions, or new product launches reported in the past two years.