Name of ETF: Direxion Daily Retail Bull 3X Shares
Benchmark Index: Russell 1000® Retail Index
Ticker Symbol: RETL
Types of Stocks Included in this ETF: Publicly listed companies in the retail sector.
Daily Target: 3x
Leveraged ETF: This ETF attempts to produce leveraged daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 3x (300%). This means the ETF is seeking results equal to 300% of the benchmark index performance.