Key stats
About DIREXION SHARES ETF TRUST DAILY S&P 500 BULL 2X (NEW)
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Inception date
May 28, 2014
Structure
Open-Ended Fund
Replication method
Synthetic
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Cash
Stocks85.52%
Electronic Technology17.87%
Technology Services16.51%
Finance12.54%
Health Technology7.25%
Retail Trade6.93%
Consumer Non-Durables3.63%
Producer Manufacturing2.69%
Consumer Services2.61%
Energy Minerals2.44%
Utilities2.25%
Commercial Services1.88%
Consumer Durables1.80%
Health Services1.58%
Process Industries1.37%
Transportation1.33%
Communications0.94%
Industrial Services0.88%
Distribution Services0.59%
Non-Energy Minerals0.39%
Miscellaneous0.05%
Bonds, Cash & Other14.48%
Cash14.48%
Stock breakdown by region
North America97.39%
Europe2.61%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history