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ADBU

GradeCNew York Stock Exchange Arca

Direxion Daily ADBE Bull 2X ETF

Leveraged · Single-Stock Leveraged · Direxion · Inception 2026-03-25

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$20.95+0.22 (+1.04%)

As of Sep 23, 2026, 3:09 PM EDT

History starts Mar 25, 2026.History starts Mar 25, 2026.History starts Mar 25, 2026.
Intraday session: up, 20 prints from 20.73 to 20.95. Range 20.73 to 21.27. Use the arrow keys to read each point.$20.80$21.2010 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$4M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$23.62
52W range
low $14.80high $32.49

The ETF.net ADBU Grade

C

40/ 100

Rank 137 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for ADBU. Scores out of 100: Cost 51, Risk 73, Mission 89, Tradability 41, Holdings not scored, Durability 54. Strongest: Mission (89). Weakest: Tradability (41). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned54This cap took−14Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 51
    Category rank168/380 · top 44%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 89
    Category rank93/147 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 73
    Category rank46/285 · top 16%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 41
    Category rank218/380 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 54
    Category rank163/380 · top 43%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on ADBU

ETF.net Research

CA one-ticker way to put 2x on Adobe's day. Direxion rolled ADBU out in 2026 alongside three other catalyst-trade tools, and it resets that 200% target every single session.

Stated mandate

The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Adobe Inc.'s common shares.

Why people hold it

  1. 01Aims for 200% of Adobe's daily move in one ticker. The leverage lives inside the fund, so there is no margin account or options chain to manage.direxion.com
  2. 02The 0.99% expense ratio sits just under the typical fee in the leveraged single-stock crowd, though the Leverage Shares 2X funds (UNHG, ASMG) undercut it.
  3. 03Direxion is an established shop in single-stock leverage (AAPU, GGLL), and ADBU runs the same daily-reset machinery on a software name instead of a mega-cap index favorite.direxion.com

Worth knowing

  1. 01The daily reset compounds. Hold past one session and results can drift a long way from 2x Adobe's move over that stretch, especially in a choppy tape.direxion.com
  2. 02One stock, no cushion. Every Adobe earnings print, guidance tweak and AI headline lands on the position at double size.
  3. 03A smaller, thinly traded fund. That tends to mean wider bid/ask spreads, which bite hardest on a product built for short holding periods.

ADBU Holdings

As of Sep 22, 2026, 10:03 PM
Asset class
Other
Holdings
—
Top-10 weight
100%
Largest holding
ADBE SWAP ASSET LEG (ADBENML)24.1%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—ADBE SWAP ASSET LEG (ADBENML)24.09%9,717$2M1
002—ADBE SWAP ASSET LEG (ADBEMLL)20.13%8,121$2M1
003—ADBE SWAP ASSET LEG (ADBEGSL)19.39%7,823$2M1
004—DREYFUS GOVT CASH MAN INS15.15%1,524,626$2M108
005—DREYFUS TRSRY SECURITIES CASH MGMT8.99%904,472$904K82
006—GOLDMAN FINL SQ TRSRY INST 5067.31%736,000$736K100
007ADBEADOBE INC4.94%1,991$497K475

Showing 1–7 of 7 holdings

ADBU Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ADBU$13,592
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. ADBU $13,592. SPY $10,415. Use the arrow keys to read each point.$8,879$15,505$22,132Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

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.

Trailing total return for ADBU. Periods over one year show the average yearly return.
PeriodADBU
Year to dateFund launched this year—
1 month−27.6%
3 months+35.9%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ADBU
YearReturn barADBU
2026 YTD−15.6%

Since listing, Mar 25, 2026

ADBU in the news

ETF.net Research hasn’t filed on ADBU yet — coverage lands here as it’s written.

ADBU Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.06 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2026

One bar per payment. 1 payment in 2026 YTD. Jun 23, 2026 $0.06. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Jun 23, 2026Jun 30, 2026$0.06

ADBU 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.

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Mar 2026; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Mar 2026; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
—
Launched Mar 2026; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
0.42
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

ADBU Cost

Expense ratio0.99%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

165 of the 329 Single-Stock Long Leveraged funds charge less.

ADBU costs $99.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.