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Beacon

BOEUDirexion Daily BA Bull 2X Shares

Take a bet1y track recordRanked #525 of 775 in this goal

Seeks daily investment results of 200% of the daily performance of BA.

By Direxion Funds · Launched 2025

Annual Cost

1.06%

#5,094 of 5,562 · expensive

Fund Size

$27M

#4,149 of 5,562 · small

Return (1Y)Goal

+1.0%

Track Record

1 year

#4,351 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,345+3.5%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

What it actually holds

By weight

Concentration

Top 10 holdings = 101.1% of fundconcentrated

GOLDMAN FINANCIAL
34.7%
DREYFUS GOVERNMENT CASH MANAGE
30.1%
DREYFUS
26.1%
The Boeing Company
16.4%
GOLDMAN SACHS LIQ ES FD A
5.9%
N/A
0.8%
N/A
0.5%
N/A
-3.3%
N/A
-3.7%
N/A
-6.5%

Asset allocation

Cash
77.4%
Stocks
22.6%

By sector

Industrials
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
64.2%High

Year-on-year price swings

Max drawdown
-46.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks daily investment results of 200% of the daily performance of BA.
Strategy
Invests primarily in securities of BA and financial instruments, such as swap agreements and options, to provide 2X daily leveraged exposure to BA. The Fund will be concentrated in the industrials sector and the aerospace & defense industry, holding 25% or more of its total assets in investments that provide leveraged exposure in these sectors. The Adviser rebalances the Fund's portfolio daily to maintain 200% exposure to BA, which results in high portfolio turnover and may lead to losses if BA's price movements are unfavorable.
Inception date
April 22, 2025
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