Direxion Daily AAPL Bull 2X Shares
$45.40−0.72 (−1.57%)
- Expense ratio
- 0.96%
- Fund size
- $184M
- 1Y return
- +52.4%
- Yield · Last 12 months
- 6.85%
- Holdings
- 11
- Volume · 30D
- 1.8M sh
- NAV per share
- $45.65
- 52W range
The ETF.net AAPU Grade
Score 70 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 57Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 93Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 76Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 86Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 86Category rank
Our read on AAPU
ATwo-times daily Apple, in a ticker. AAPU aims for 200% of AAPL's daily move without a margin account or an options screen, and it has been doing the job since 2022 at a fee below its leveraged single-stock peers' typical rate.
The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Apple Inc.'s common shares.
Why people hold it
- Simple mechanism: the fund seeks 200% of Apple's daily share performance before fees, so one trade replaces a margined AAPL position or a call spread.direxion.com
- At 0.96% a year it undercuts the typical fee in its leveraged single-stock cohort, and comes in cheaper than AAPX, the other fund built on the same Apple exposure (1.05%).
- One of the more actively traded names in a category full of thin tickers, which matters when you are trading a daily-reset product rather than holding it.
- Tracks its 2x daily target closely and ranks in the top tier of its 200-plus fund peer group on implementation quality.
Worth knowing
- The 2x target resets every day. Hold longer than a day and compounding takes over, so results over a week or a year can look very different from twice Apple's move over that stretch.
- One company, doubled. There is no diversification here: an iPhone cycle, a court ruling, or a single earnings night drives the whole position.
- Leverage costs money. The financing built into the exposure plus a 0.96% fee is a headwind the underlying stock does not carry.
AAPU Holdings
- Stocks
- 11
- 99%
- AAPL SWAP ASSET LEG (AAPLGSL)
Sectors
- Technology100.0%
Geography
- United States100.00%
AAPU Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | AAPU |
|---|---|
| Year to date | +39.6% |
| 1 month | +19.1% |
| 3 months | +24.9% |
| 1 year | +52.4% |
| 3 years | +34.6% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | AAPU |
|---|---|---|
| 2026 YTD | +39.6% | |
| 2025 | −3.0% | |
| 2024 | +58.2% | |
| 2023 | +68.7% | |
| 2022 | −32.8% |
AAPU in the news
ETF.net Research hasn’t filed on AAPU yet — coverage lands here as it’s written.
AAPU Dividends
- 6.85%
- $3.16
- $0.19 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 22, 2026 | Pays Sep 29, 2026 | $0.19 |
| Jun 23, 2026 | Jun 30, 2026 | $0.22 |
| Mar 24, 2026 | Mar 31, 2026 | $0.17 |
| Dec 23, 2025 | Dec 31, 2025 | $0.19 |
| Dec 10, 2025 | Dec 17, 2025 | $2.17 |
| Sep 23, 2025 | Sep 30, 2025 | $0.22 |
| Jun 24, 2025 | Jul 1, 2025 | $0.08 |
| Mar 25, 2025 | Apr 1, 2025 | $0.24 |
| Dec 23, 2024 | Dec 31, 2024 | $0.30 |
| Dec 12, 2024 | Dec 19, 2024 | $4.63 |
| Sep 24, 2024 | Oct 1, 2024 | $0.28 |
| Jun 25, 2024 | Jul 2, 2024 | $0.20 |
AAPU Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 42.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.60
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −58.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.83
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AAPU Cost
- The middle half of Single-Stock Long Leveraged funds
- Median 0.98%
162 of the 329 Single-Stock Long Leveraged funds charge less.