URAADirexion Daily Uranium Bull 2X ETF
Seeks daily investment results of 200% of the performance of the Solactive United States Uranium and Nuclear Energy ETF Select Index.
Direxion Funds · Since 2024 (1 year)
1.30%
#5096 out of 5,332 ETFs
$45M
#3442 out of 5,332 ETFs
8.92%
1 year
#3737 out of 5,332 ETFs
Performance
1 Year
+244.2%
3 Years
N/A
5 Years
N/A
What's inside
Asset allocation
Sector breakdown
Top holdings
Risk profile
93.4%
High
-67.4%
Worst peak-to-trough loss
N/A
N/A
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Thematic ETF — launched after the rally
Thematic funds are typically launched after a theme has delivered its strong returns. Morningstar's 2024 Global Thematic Funds Landscape finds that only about 1 in 10 thematic funds have survived and beaten a broad global equity benchmark over the past 15 years — roughly 60% have been closed outright. The narrative is always compelling; the track record rarely is.
Source: Morningstar, 'Global Thematic Funds Landscape' (2024)
Why we flagged this: Narrow thematic name, launched in the last 3 years, $45M in assets (under our $500M threshold).
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