Direxion Daily S&P 500 Bull 2X SharesDirexion Daily S&P 500 Bull 2X SharesDirexion Daily S&P 500 Bull 2X Shares

Direxion Daily S&P 500 Bull 2X Shares

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Key stats


Assets under management (AUM)
‪158.53 M‬USD
Fund flows (1Y)
‪21.90 M‬USD
Dividend yield (indicated)
0.65%
Discount/Premium to NAV
−0.03%
Shares outstanding
‪1.13 M‬
Expense ratio
0.60%

About Direxion Daily S&P 500 Bull 2X Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Inception date
May 28, 2014
Structure
Open-Ended Fund
Index tracked
S&P 500
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
SPUU offers a bullish bet on the large-cap segment of the US equity market. With the use of swaps and derivatives, the fund aims to provide 2x levered exposure to the S&P 500, an index of committee-selected US large-cap companies which covers approximately 80% of the US investable universe. The index constituents are market-cap-weighted and rebalanced on a quarterly basis. As a geared product with daily resets, SPUU is designed as a short-term tactical instrument and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Committee
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Finance
Stock breakdown by region
97%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to SPUU via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SPUU trades at 139.63 USD today, its price has fallen −0.16% in the past 24 hours. Track more dynamics on SPUU price chart.
SPUU net asset value is 139.75 today — it's risen 21.46% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SPUU assets under management is ‪158.53 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SPUU price has risen by 24.60% over the last month, and its yearly performance shows a 11.39% increase. See more dynamics on SPUU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 21.46% over the last month, showed a −8.63% decrease in three-month performance and has increased by 11.95% in a year.
SPUU fund flows account for ‪21.90 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SPUU invests in stocks. See more details in our Analysis section.
SPUU expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, SPUU is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SPUU technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPUU shows the buy signal. See more of SPUU technicals for a more comprehensive analysis.
Yes, SPUU pays dividends to its holders with the dividend yield of 0.65%.
SPUU trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SPUU shares are issued by Rafferty Asset Management LLC
SPUU follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 28, 2014.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.