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Launched

Direxion Daily ADBE Bull 2X ETF

ADBUNYSE ArcaDirexionCThis 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.

$22.50+0.28 (+1.25%)

As of Nov 2, 2026, 3:55 PM ET

C40/ 100

Rank 136 of 380 in Single-Stock Long Leveraged

C40/100Rank 136 of 380inSingle-Stock Long Leveraged
Intraday session: up, 74 prints from 22.22 to 22.50. Range 22.22 to 23.10. Use the arrow keys to read each point.22.4022.6022.8023.0010 AM12 PM2 PM4 PM
Expense ratio
0.97%*
Fund size
$3M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
7
Avg volume · 30D
47.5K sh
52W range
low $14.80high $32.49
Launched

*After a fee waiver that ends Sep 1, 2027. Without it: 0.99%.

The ETF.net ADBU Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
136 of 380
Six-pillar profile for ADBU. Scores out of 100: Cost 54, Risk 79, Mission 93, Tradability 42, Holdings not scored, Durability 52. Strongest: Mission (93). Weakest: Tradability (42). Based on 5 of 6 pillars.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
57
This cap took
−17
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C54 out of 100
    Rank 169 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A93 out of 100
    Rank 53 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A79 out of 100
    Rank 41 of 368

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C42 out of 100
    Rank 231 of 380

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C52 out of 100
    Rank 172 of 380

Our read on ADBU

ETF.net Research

In short

CAdobe, doubled, for one day. ADBU holds swaps aiming for 200% of ADBE's daily move, then resets at the close. A catalyst-trade tool from the shop that built the single-stock leverage aisle, not a long-haul Adobe stake.

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

  • The mandate is narrow and spelled out: at least 80% of net assets in ADBE shares plus swaps and options that together target 2X daily exposure, rebalanced at every close.sec.gov
  • Day to day it has stayed close to its stated 2X target, which is the entire job of a one-day instrument.
  • Fee is 0.97% net of a waiver through September 1, 2027 (0.99% gross), near the typical charge among 2X single-stock funds.
  • The leverage lives inside the fund: exposure comes from swap agreements with major financial institutions, not from borrowing in your own account.sec.gov

Worth knowing

  • Hold past a day and compounding takes the wheel: each close resets exposure, so a choppy stretch can leave you short of 2X ADBE even when the stock ends higher.direxion.com
  • One stock, one sector. The fund is concentrated in information technology and software, so an Adobe-specific headline hits with no diversification to soften it.sec.govdirexion.com
  • It is a small fund that trades lightly, and some rival 2X single-stock funds charge less (TSMG 0.76%, UNHG 0.77%), so the spread is part of your real cost.

ADBU Performance

Launched Mar 25, 2026

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

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
ADBU$9,315
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. ADBU $9,315. SPY $10,141. Use the arrow keys to read each point.$8,000$10,000$12,000Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 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 yearNo data
1 month+6.3%
3 months−6.8%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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−8.4%

Since listing, Mar 25, 2026

ADBU in the news

ADBU Dividends

Last payment
$0.18 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 2 payments in 2026 YTD. Jun 23, 2026 $0.06; Sep 22, 2026 $0.18. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Sep 29, 2026$0.18
Jun 23, 2026Jun 30, 2026$0.06

ADBU Risk

Risk pillarA79 out of 100Rank 41 of 368 in Single-Stock Long Leveraged

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.

FMP measures it over up to five years of monthly returns.

ADBU Cost

Compare ADBU and GOGL

Overpaying vs GOGL, tied cheapest in Single-Stock Long Leveraged

$14,043

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ADBU 0.97%

    $18,198

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • ADBU 0.97%
  • GOGL 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530ADBU $18,198GOGL $4,155

Year by year

YearADBUGOGLOverpaying
10$1,712$365$1,347
20$6,443$1,421$5,022
30$18,198$4,155$14,043
How the 0.97% is worked out

Full fee 0.99%− waiver 0.02%= you pay 0.97%

The waiver ends Sep 1, 2027. After that the fee is 0.99% unless Direxion renews it. Source: prospectus, Mar 2026.

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