Only three of Direxion’s triple-leveraged ETFs, two bullish and one bearish, have been more volatile than GASL over the past 30 days, according to issuer data. As such, GASL’s 30-day variance to triple the performance of the ISE-Revere index over that period is about 2.2%, still not nearly as bad as the 30-day variances on the Direxion Daily Junior Gold Miners Index Bull 3x Shares (NYSEArca: JNUG) and the Direxion Daily Russia Bull 3x Shares (NYSEArca: RUSL).
Volatility for FCG and GASL could rise in the coming weeks. From Feb. 18 through Feb. 24, nearly 13% of the ISE-Revere index’s weight delivers earnings reports.
Direxion Daily Natural Gas Related Bull 3X Shares
