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AAPUDirexion Daily AAPL Bull 2X Shares

Take a bet3y track recordRanked #125 of 775 in this goal

Seeks daily investment results of 200% of the performance of Apple Inc. (AAPL).

By Direxion Funds · Launched 2022

Annual Cost

0.96%

#4,788 of 5,562 · expensive

Fund Size

$228M

#2,211 of 5,562 · mid-size

Return (1Y)Goal

+102.6%

Track Record

3 years

#2,743 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$20,146+101.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Sector

Information technology

Focus

Single Stock

What it actually holds

By weight

Concentration

Top 10 holdings = 142.7% of fundconcentrated

DREYFUS
35.0%
DREYFUS GOVERNMENT CASH MANAGE
30.9%
N/A
28.1%
GOLDMAN FINANCIAL
21.8%
N/A
12.2%
Apple Inc.
11.2%
GOLDMAN SACHS LIQ ES FD A
1.6%
N/A
1.0%
N/A
0.9%
N/A
0.2%

Asset allocation

Cash
61.1%
Stocks
38.9%

By sector

Technology
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
45.3%High

Year-on-year price swings

Max drawdown
-58.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.57Decent risk-adjusted returns
Sortino (3Y)
0.84Moderate downside risk

Where to buy

Listing

Exchange
NASDAQ Global Market, NASDAQ Global Select Market

Full fund details

Objective
Seeks daily investment results of 200% of the performance of Apple Inc. (AAPL).
Strategy
Invests primarily in financial instruments that provide 2x daily leveraged exposure to AAPL. Designed for short-term trading, the Fund's performance may differ significantly over longer periods due to compounding effects.
Inception date
August 8, 2022
Fund family
Direxion Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged single stock
Critical

Leveraged single-stock ETF — documented structural drag

Single-stock leveraged ETFs magnify one stock's daily move. Research on these products (Bessembinder et al., 2024) finds 56% posted negative absolute returns over one year, with ~9.5% annual drag versus the underlying stock. Daily rebalancing plus financing costs work against the investor on any holding period longer than a few days.

Source: Bessembinder, Cooper, Zhang — 'Leveraged Single-Stock ETFs' (SSRN 2024)

Why we flagged this: strategy=leveraged + single_stock_wrapper

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19