QQQUDirexion Daily Magnificent 7 Bull 2X Shares
Seeks daily investment results of 200% of the daily performance of the Index.
By Direxion Funds · Launched 2024
Annual Cost
0.98%
#5,220 of 6,040 · expensive
Fund Size
$73M
#3,371 of 6,040 · mid-size
Return (1Y)
+13.8%
Track Record
2 years
#3,401 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,492+14.9%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
DREYFUS GOVERNMENT CASH MANAGE
47.1%
DREYFUS
11.7%
Alphabet Inc.
6.5%
Amazon.com, Inc.
6.5%
NVIDIA Corp.
5.8%
Apple Inc.
5.5%
Microsoft Corp.
5.5%
META PLATFORMS INC
5.2%
Tesla Inc
5.1%
N/A
3.0%
Asset allocation
Other
57.2%
Stocks
38.6%
Cash
4.2%
By sector
Technology
46.6%
Consumer Cyclical
26.9%
Communication
26.4%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
44.0%High
Year-on-year price swings
Max drawdown
-53.7%Severe
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results of 200% of the daily performance of the Index.
- Strategy
- Invests at least 80% of net assets in financial instruments and securities of the Index to provide 2X daily leveraged exposure. The Index tracks seven leading NASDAQ companies, concentrated in information technology, consumer discretionary, and communication services sectors.
- Inception date
- March 6, 2024
- Fund family
- Direxion Funds
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Data updated on 2026-09-18