Daily Industrials Bull 3X ETF (DUSL) Performance
DUSL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +4.3% since Dec 31, 2025
- 1 year
- +3.8% total return
- 5 years
- +13.3% a year
- Since first price
- +14.4% a year since 2017
DUSL trailing returns vs SPY, QQQ, AGG
| Period | DUSL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −10.7% | −10.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −28.5% | −28.5% | +3.2% | +1.9% | −0.4% |
| 6 months | −22.2% | −22.3% | +7.8% | +8.4% | −1.5% |
| YTD | +4.3% | +4.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +3.8% | −7.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +197.1%+43.8%/yr | +149.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +86.6%+13.3%/yr | +53.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionMay 3, 2017 | +257.6%+14.4%/yr | +181.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DUSL vs SPY
From May 3, 2017: DUSL grew to $35,756, SPY to $36,936.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DUSL returns by calendar year
5 of 8 full years positive. Best 2019 (+90.7%), worst 2018 (−46.3%). 2026 is year to date.
DUSL annual returns table
| Year | DUSL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +4.3% | −33.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +37.5% | −47.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +34.8% | −23.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +37.2% | −36.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −31.2% | −58.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +60.7% | −21.7% | +28.7% | +27.4% | −1.8% |
| 2020 | −19.8% | −85.2% | +18.3% | +48.6% | +7.5% |
| 2019 | +90.7% | −24.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −46.3% | −62.1% | −4.6% | −0.1% | +0.1% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DUSL largest drawdowns
Now 33.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 26, 2018 | −85.7% | Mar 23, 2020 | Apr 23, 2021 | 2.2 years | 3.2 years |
| Nov 9, 2021 | −58.4% | Sep 30, 2022 | Feb 15, 2024 | 11 months | 2.3 years |
| Nov 29, 2024 | −50.9% | Apr 8, 2025 | Jul 10, 2025 | 4 months | 7 months |
| Mar 2, 2026 | −33.7% | Mar 30, 2026 | Jun 25, 2026 | 28 days | 4 months |
| Jun 30, 2026 | −33.1% | Oct 23, 2026 | not yet | 4 months | 4 months so far |
| May 10, 2021 | −21.7% | Sep 30, 2021 | Nov 5, 2021 | 5 months | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DUSL risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +41.4% | +19.2% | +14.8% |
| Volatility (annualized) | 49.2% | 56.5% | 60.0% |
| Sharpe ratio | 0.86 | 0.52 | 0.51 |
| Sortino ratio | 1.56 | 0.91 | 0.80 |
| Best month | +26.9% | +44.0% | +52.4% |
| Worst month | −25.0% | −29.8% | −60.0% |
| Best 12 months | +120.6% | +120.6% | +288.2% |
| Worst 12 months | −2.7% | −45.8% | −66.3% |
| Positive months | 56% | 50% | 54% |
| Beta vs S&P 500 | 2.75 | 2.96 | — |
| Correlation with S&P 500 | 0.70 | 0.82 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DUSL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 102 | −66.3% | +25.3% | +288.2% | 63% |
| 3-year (a year) | 78 | −18.1% | +14.1% | +59.6% | 76% |
| 5-year (a year) | 54 | −6.9% | +14.0% | +41.2% | 85% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
DUSL performance overview
Daily Industrials Bull 3X ETF (DUSL) returned +3.8% over the past year and +13.3% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +14.4% a year, turning $10,000 into about $35,756. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −85.7%, from Jan 26, 2018 to Mar 23, 2020, and it took 1.1 years to get back to the old high. DUSL finished 5 of its 8 full calendar years with a gain; the best year was 2019 (+90.7%) and the worst 2018 (−46.3%). Volatility has been 60.0% a year.
Related: DUSL chart, DUSL dividends. See the DUSL overview for the latest quote and fund facts.
DUSL performance FAQ
What is the DUSL return over the past year?
DUSL returned +3.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 7.0%.
What is the average annual return of DUSL?
DUSL has returned +13.3% a year over 5 years, +14.4% a year since May 3, 2017 (total return, distributions reinvested).
How much would $10,000 invested in DUSL be worth?
$10,000 invested in DUSL at its first recorded close on May 3, 2017 would be worth about $35,756 on October 23, 2026 with distributions reinvested.
What was the worst year for DUSL?
The worst calendar year was 2018, with a total return of −46.3%. The best was 2019 at +90.7%.
What is the biggest drawdown of DUSL?
The largest peak-to-trough decline was −85.7% between January 26, 2018 and March 23, 2020. It recovered to the old high on April 23, 2021, 1.1 years after the bottom.
How volatile is DUSL?
Over the past 3 years DUSL had an annualized volatility of 49.2% and a Sharpe ratio of 0.86 (excess return over 1–3 month T-bills per unit of risk).