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Beacon

LMTLDirexion Daily LMT Bull 2X ETF

Take a betNewRanked #660 of 775 in this goal

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

By Direxion Funds · Launched 2025

Annual Cost

1.07%

#5,126 of 5,562 · expensive

Fund Size

$8M

#4,882 of 5,562 · small

Return (1Y)Goal

N/A

Track Record

10 months

#4,649 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$12,858+28.6%

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

Industrials

Focus

Single Stock

What it actually holds

By weight

Concentration

Top 9 holdings = 115.7% of fundconcentrated

DREYFUS
27.8%
GOLDMAN FINANCIAL
22.6%
GOLDMAN SACHS LIQ ES FD A
21.5%
Lockheed Martin Corporation
13.2%
DREYFUS GOVERNMENT CASH MANAGE
10.9%
N/A
7.1%
N/A
7.0%
N/A
3.1%
N/A
2.7%

Asset allocation

Cash
102.9%

By sector

Industrials
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-45.7%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 LMT.
Strategy
Invests primarily in securities of LMT and financial instruments like swap agreements to achieve 2X daily leveraged exposure. The Fund rebalances daily to maintain this leverage, focusing on the aerospace & defense sector.
Inception date
August 5, 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