Direxion Daily Transportation Bull 3X ETF
TPOR
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Direxion Daily Transportation Bull 3X Shares (TPOR) 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 Transportation Select Industry FMC Capped Index, which measures the performance of stocks in the S&P Total Market Index classified within the GICS transportation sub-industry; the fund utilizes derivatives including swaps, futures, and other financial instruments to achieve its leveraged exposure rather than direct holdings in transportation equities, with top index components including Uber Technologies Inc., Union Pacific Corp., and United Parcel Service Inc.. Launched on May 3, 2017, and issued by Direxion Shares ETF Trust—a product advised by Rafferty Asset Management, LLC and domiciled in the United States—TPOR trades on the NYSE Arca exchange and targets sophisticated investors comfortable with high volatility, leverage risk, and daily rebalancing, serving traders focused on short-term directional bets in the U.S. transportation sector encompassing ground transportation, passenger airlines, air freight & logistics, and marine transportation. The fund maintains a net expense ratio of 0.97% (through September 1, 2026, under an operating expense limitation agreement) and distributes income dividends quarterly, with assets under management around $14.6 million as of late 2025. In recent developments, Direxion selected SS&C Technologies Holdings, Inc. as its underwriter and distributor for issuance, FINRA compliance, and registered fund services in September 2024 to enhance fund distribution and growth strategy; the firm has continued aggressive product innovation with multiple single-stock leveraged and inverse ETF launches in 2025, including those tied to Ford, Cisco, Qualcomm, Eli Lilly, Palo Alto Networks, and others, alongside closures of underperforming ETFs such as OOTO, CLDL in June 2025 and WFH, EVAV, XXCH in October 2025 due to insufficient assets. Direxion, founded in 1997 and headquartered in New York with additional offices in Boston, Alexandria, and Hong Kong, manages approximately $50.6 billion in assets as a top-20 global ETF provider specializing in leveraged and inverse products.