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Launched · SEC filings

Direxion Daily ASML Bull 2X ETF

ASMUNasdaqDirexionBThis 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.

$22.40−1.31 (−5.51%)

At close: Nov 2, 2026, 4:00 PM ET

B60/ 100

Rank 37 of 380 in Single-Stock Long Leveraged

B60/100Rank 37 of 380inSingle-Stock Long Leveraged
Intraday session: down, 79 prints from 23.71 to 22.40. Range 22.26 to 24.63. Use the arrow keys to read each point.23.0024.0024.5010 AM12 PM2 PM4 PM
Expense ratio
0.97%*
Fund size
$11M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
10
Avg volume · 30D
116K sh
52W range
low $18.72high $43.00
Launched
Filings
SEC EDGAR

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

The ETF.net ASMU Grade

Based on 5 of 6 pillars

B

Score 60 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
37 of 380
Six-pillar profile for ASMU. Scores out of 100: Cost 54, Risk 78, Mission 89, Tradability 54, Holdings not scored, Durability 62. Strongest: Mission (89). Weakest: Tradability (54). Based on 5 of 6 pillars.

Score 60 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • 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.
    A89 out of 100
    Rank 86 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A78 out of 100
    Rank 47 of 368

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C54 out of 100
    Rank 167 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.
    B62 out of 100
    Rank 117 of 380

Our read on ASMU

ETF.net Research

In short

BTwo times the daily move of ASML, the one company making the EUV lithography machines cutting-edge chips require. Direxion's 2x wrapper resets every day, so it tracks a one-day objective rather than a long-run one.

Stated mandate

The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of ASML Holding N.V.'s common shares.

Why people hold it

  • The underlying is ASML, the only supplier of EUV lithography systems. ASMU aims for 200% of that stock's daily move, before fees and expenses.asml.commarketsandmarkets.com
  • Sticks close to the job it advertises: one of the tighter deliveries of its stated daily target in a crowded field of single-stock leveraged funds.
  • Two times, not three. The declared multiple is 200% of the daily move, a milder dose of amplification than triple-leveraged single-stock wrappers.direxion.com
  • Costs 0.97% net of a waiver through September 1, 2027 (0.99% gross), which sits near the typical fee for leveraged single-stock funds rather than above it.

Worth knowing

  • ASMG runs the same 2x ASML daily mandate for 0.77%, no waiver holding that number down. Same reference stock, lower sticker.
  • Daily reset: hold past one day and the result depends on ASML's path, not just its net move. Choppy stretches eat into returns even if the stock lands flat.
  • Launched in February 2026, so the record is short, and it trades moderately rather than heavily, which can mean wider spreads around the open and close.

ASMU Performance

Launched Feb 11, 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.
ASMU$8,669
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. ASMU $8,669. SPY $10,141. Use the arrow keys to read each point.$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 ASMU. Periods over one year show the average yearly return.
PeriodASMU
Year to dateFund launched this yearNo data
1 month−27.0%
3 months−13.3%
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 ASMU
YearReturn barASMU
2026 YTD−7.1%

Since listing, Feb 11, 2026

ASMU in the news

ASMU Dividends

Last payment
$0.22 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. 3 payments in 2026 YTD. Mar 24, 2026 $0.05; Jun 23, 2026 $0.13; Sep 22, 2026 $0.22. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Sep 29, 2026$0.22
Jun 23, 2026Jun 30, 2026$0.13
Mar 24, 2026Mar 31, 2026$0.05

ASMU Risk

Risk pillarA78 out of 100Rank 47 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 Feb 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 Feb 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 Feb 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.
1.84
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.

ASMU Cost

Compare ASMU 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.

  • ASMU 0.97%

    $18,198

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • ASMU 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$20K051015202530ASMU $18,198GOGL $4,155

Year by year

YearASMUGOGLOverpaying
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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