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BOEU

GradeCNASDAQ Global Select

Direxion Daily BA Bull 2X ETF

Leveraged · Single-Stock Leveraged · Direxion · Inception 2025-04-23

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.

$27.89+1.01 (+3.76%)

As of Sep 23, 2026, 2:16 PM EDT

History starts Apr 23, 2025.
Intraday session: up, 50 prints from 26.88 to 27.89. Range 27.08 to 28.43. Use the arrow keys to read each point.$27.00$27.50$28.5010 AM12 PM2 PM4 PM
Expense ratio
1.30%
Fund size
$19M
1Y return
−30.3%
Yield · Last 12 months
2.85%
Holdings
6
Volume · 30D
0M sh
NAV per share
$26.79
52W range
low $26.38high $51.88

The ETF.net BOEU Grade

C

47/ 100

Rank 90 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for BOEU. Scores out of 100: Cost 34, Risk 67, Mission 90, Tradability 47, Holdings not scored, Durability 73. Strongest: Mission (90). Weakest: Cost (34). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 47 of 100 sits in the C 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.
    DScore 34
    Category rank239/380 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 90
    Category rank84/147 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 67
    Category rank72/285 · top 25%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 47
    Category rank189/380 · top 50%

  • 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.
    AScore 73
    Category rank50/380 · top 13%

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

Our read on BOEU

ETF.net Research

CThe leveraged single-stock shelf is mostly tech tickers. BOEU points the same machinery at Boeing, aiming for 200% of the stock's daily move. It resets every day, so it behaves like a trading tool, not a set-and-forget holding.

Stated mandate

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

Why people hold it

  1. 01One job, stated plainly: 200% of Boeing's daily share move before fees and expenses. Since its 2025 launch it has tracked that daily target closely.direxion.com
  2. 02A geared bet on aerospace, not another chip or mega-cap name. Most of the 2x single-stock field sits on tickers like GGLL, AAPU and AMDG; this one sits on BA.
  3. 03Leverage in a brokerage wrapper: no margin account, no maintenance calls, and exposure capped at what you put in.direxion.com
  4. 04Among the sturdier builds in a crowded field of leveraged bull single-stock funds, and it distributes on a quarterly schedule.

Worth knowing

  1. 01At 1.30% a year it costs more than several 2x single-stock rivals, including UNHG, ASMG and AMDG at 0.75%. Financing the leverage sits on top of that.
  2. 02The 2x target resets daily. Hold past a day and compounding takes over, so multi-week results can differ sharply from twice Boeing's move, especially in choppy markets.direxion.com
  3. 03Launched in 2025 and small, and it has traded lightly since. Spreads deserve a look, and limit orders do more work here than in the marquee single-stock funds.

BOEU Holdings

As of Sep 22, 2026, 10:02 PM
Asset class
Stocks
Holdings
6
Top-10 weight
100%
Largest holding
BA SWAP ASSET LEG (BAGSL)32.1%

Sectors

  • Industrials100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—BA SWAP ASSET LEG (BAGSL)32.13%100,140$20M1
002—DREYFUS TRSRY SECURITIES CASH MGMT16.03%10,046,342$10M82
003—BA SWAP ASSET LEG (BABCL)15.43%48,088$10M1
004—BA SWAP ASSET LEG (BACTL)14.69%45,765$9M1
005BABOEING CO/THE6.72%20,929$4M305
006—GOLDMAN SACHS FIN GOV 465 INSTITUT5.68%3,560,001$4M75
007—GOLDMAN FINL SQ TRSRY INST 5064.83%3,029,521$3M100
008—DREYFUS GOVT CASH MAN INS4.49%2,816,088$3M108

Showing 1–8 of 8 holdings

BOEU Performance

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

BOEU$6,972
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. BOEU $6,972. SPY $11,723. Use the arrow keys to read each point.$6,438$10,008$13,578Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – 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 BOEU. Periods over one year show the average yearly return.
PeriodBOEU
Year to date−29.1%
1 month−16.1%
3 months−24.1%
1 year−30.3%
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 BOEU
YearReturn barBOEU
2026 YTD−29.1%
2025+38.5%

Since listing, Apr 23, 2025

BOEU in the news

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

BOEU 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.
2.85%Last 12 months
Payout per share
$0.77Last 12 months
Last payment
$0.15 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2025–2026

One bar per payment. 6 payments from 2025 to 2026 YTD. Jun 24, 2025 $0.10; Sep 23, 2025 $0.14; Dec 10, 2025 $0.12; Dec 23, 2025 $0.20; Mar 24, 2026 $0.16; Jun 23, 2026 $0.15. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Jun 23, 2026Jun 30, 2026$0.15
Mar 24, 2026Mar 31, 2026$0.16
Dec 23, 2025Dec 31, 2025$0.20
Dec 10, 2025Dec 17, 2025$0.12
Sep 23, 2025Sep 30, 2025$0.14
Jun 24, 2025Jul 1, 2025$0.10

BOEU 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.
59.8%
Annualised · 16 months to Aug 2026
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.
0.18
vs 3-month T-bills · 16 months to Aug 2026
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.
−46.8%
16 months · trough Sep 2026
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.
2.67
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.

BOEU Cost

Expense ratio1.30%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

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

BOEU costs $130.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.