GASLDirexion Daily Natural Gas Related Bull 3X Shares(Exchange Traded Fund Leveraged 3xRebalanced: Daily)
XTF Rating* 0.2
Price:$5.83 -0.49(-7.75%)
52 Week:$5.34 - $43.4
Volume: 2,677,754
Avg Daily Volume: 1,762,431
Market Cap: $30,147,233 Avg Trade Size: 449 shares
Fund Turnover: 2 days 1/24/2020 8:00:00 PM
Similar ETFs to GASL: GUSH, ERX, DIG, NRGO, NRGU

Direxion Daily Natural Gas Related Bull 3X Shares is an exchange-traded fund incorporated in the USA. The Direxion Daily Natural Gas Related Bull 3x ETF seeks daily investment results, before fees and expenses, of 300% of the performance of the ISE Revere Natural Gas IndexTM. There is no guarantee the fund will meet its stated investment objective.The ISE-REVERE Natural Gas Index has been created to provide investors with a product allowing them to quickly take advantage of both event-driven news and long term trends in the Natural Gas industry. The securities selected for the index derive a substantial portion of their revenues from the exploration and production of natural gas. Eligible candidates are also screened by stock performance variables (such as P/E and ROE) as well as statistical factors. This is done to optimize the performance of the index and to ensure that the index has significant correlation to the price of natural gas. The Index uses an equal-weighted methodology due to the diversity in market capitalization size among the component stocks.

Inception Date: 7/14/2010Geography: US  Asset Class: Equity
Primary Exchange: NYSE ArcaInvestment Philosophy: Enhanced Strategy > OtherCapitalization: Broad/Multi Cap
Issuer: Direxion SharesUnderlying Index: ISE-Revere Natural Gas IndexSector: Energy > Energy Exploration & Production
Index Provider: International Securities ExchangeIndex Composition: Equal-Weighted

Structural Integrity
Investment Metrics
Fund Holdings
Fund Exposure
News Headlines
GASL Structural Integrity ranks in the 13th percentile (among all 1580 Equity ETFs over past 6 months).
as of 11/29/2019 Value  Rank (%)
Expense Ratio 1.06% 
 5.5%
Average Bid Ask Ratio Premium Content 
 44.9%
Tracking Error Premium Content 
 51%
Concentration Risk Premium Content 
 39.3%
Market Impact Premium Content 
 50.2%
Efficiency Premium Content 
 14.2%
Cap Gains Dist Premium Content 
 100%
     
as of 1/24/2020  
Avg Number of Components   (range) 32   (32-34)
Legal Structure Open-End Investment Company 
Annual Yield 0.85%
Last Dividend PaidDate 0.05, 12/23/2019   See Distributions
Options / Futures Available Y  /  N 
Short Interest / Days to Cover 8.6% /  0 days
Net Asset Value $29,983,557 
Premium (Discount) 0.55% 
*The XTF Rating for an ETF is based on statistical analysis of its structural integrity and investment metric giving a total range between 0 and 10 with 10 being the best. Read More.





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