SPUUDirexion Daily S&P 500 Bull 2X Shares
Seeks daily investment results of 200% of the daily performance of the Index.
Direxion Funds · Since 2014 (11 years)
0.60%
#2918 out of 5,332 ETFs
$187M
#2176 out of 5,332 ETFs
1.78%
11 years
#1196 out of 5,332 ETFs
Performance
1 Year
+61.5%
3 Years
+39.0%
5 Years
+18.6%
What's inside
Asset allocation
Sector breakdown
Top holdings
Risk profile
25.1%
High
-59.3%
Worst peak-to-trough loss
1.14
Excellent risk-adjusted returns
1.69
Good downside protection
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged ETF — not a long-term hold
This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.
Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Why we flagged this: strategy=leveraged + leveraged_name_or_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05