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ELIL

GradeCNASDAQ Global Select

Direxion Daily LLY Bull 2X ETF

Leveraged · Single-Stock Leveraged · Direxion · Inception 2025-03-26 · SEC filings

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.

$27.33−1.08 (−3.81%)

As of Sep 23, 2026, 2:18 PM EDT

History starts Mar 26, 2025.
Intraday session: down, 47 prints from 28.41 to 27.33. Range 27.18 to 29.10. Use the arrow keys to read each point.$27.00$28.00$28.50$29.0010 AM12 PM2 PM4 PM
Expense ratio
1.31%
Fund size
$17M
1Y return
+95.7%
Yield · Last 12 months
11.45%
Holdings
4
Volume · 30D
0.1M sh
NAV per share
$27.59
52W range
low $14.58high $35.13

The ETF.net ELIL Grade

C

47/ 100

Rank 89 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for ELIL. Scores out of 100: Cost 27, Risk 83, Mission 78, Tradability 47, Holdings not scored, Durability 72. Strongest: Risk (83). Weakest: Cost (27). 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 27
    Category rank271/380 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 78
    Category rank128/147 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 83
    Category rank21/285 · top 7%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 47
    Category rank190/380 · 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 72
    Category rank58/380 · top 15%

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

Our read on ELIL

ETF.net Research

CDirexion's 2x LLY ticker: it targets 200% of Eli Lilly's daily move in an ETF wrapper, no margin account needed. One of only two US funds aimed at that trade, and the leverage resets every single day.

Stated mandate

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

Why people hold it

  1. 01Simple mechanism: 200% of Eli Lilly's daily share move, before fees and expenses, in a fund you trade like any stock.direxion.com
  2. 02Lands in the upper half of a crowded leveraged single-stock field, and hits its 2x daily target closely for the type.
  3. 03Only two US ETFs run 2x daily LLY. ELIL and LLYX are near fee twins, and ELIL is the higher-rated implementation of the pair.

Worth knowing

  1. 01Fee runs 1.31% a year, above the roughly 1% typical of the leveraged single-stock aisle.
  2. 02Daily reset: hold longer than a day and results compound, so a choppy stretch can land well away from twice the stock's move.
  3. 03One company's news drives the whole ride, doubled. Launched in 2025, so the record behind it is short.

ELIL Holdings

As of Sep 22, 2026, 10:02 PM
Asset class
Stocks
Holdings
4
Top-10 weight
100%
Largest holding
LLY SWAP ASSET LEG (LLYMLL)61.5%

Sectors

  • Health Care100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—LLY SWAP ASSET LEG (LLYMLL)61.46%25,749$30M1
002—GOLDMAN FINL SQ TRSRY INST 50625.35%12,374,108$12M100
003LLYELI LILLY & CO7.46%3,124$4M569
004—LLY SWAP ASSET LEG (LLYCTL)2.98%1,248$1M1
005—DREYFUS GOVT CASH MAN INS2.27%1,109,071$1M108
006—GOLDMAN SACHS FIN GOV 465 INSTITUT0.18%90,000$90K75
007—LLY SWAP ASSET LEG (LLYBCL)0.12%50$58K1
008—LLY SWAP ASSET LEG (LLYGSL)0.10%44$51K1
009—DREYFUS TRSRY SECURITIES CASH MGMT0.07%33,387$33K82

Showing 1–9 of 9 holdings

ELIL Performance

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

ELIL$19,571
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. ELIL $19,571. SPY $11,723. Use the arrow keys to read each point.$7,782$16,323$24,864Sep 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 ELIL. Periods over one year show the average yearly return.
PeriodELIL
Year to date+1.5%
1 month−14.1%
3 months+7.4%
1 year+95.7%
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 ELIL
YearReturn barELIL
2026 YTD+1.5%
2025+36.0%

Since listing, Mar 26, 2025

ELIL in the news

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

ELIL 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.
11.45%Last 12 months
Payout per share
$3.25Last 12 months
Upcoming payment
$0.09 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2025–2026

One bar per payment. 7 payments from 2025 to 2026 YTD. Jun 24, 2025 $0.10; Sep 23, 2025 $0.09; Dec 10, 2025 $2.76; Dec 23, 2025 $0.13; Mar 24, 2026 $0.05; Jun 23, 2026 $0.13; Sep 22, 2026 $0.09. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Pays Sep 29, 2026$0.09
Jun 23, 2026Jun 30, 2026$0.13
Mar 24, 2026Mar 31, 2026$0.05
Dec 23, 2025Dec 31, 2025$0.13
Dec 10, 2025Dec 17, 2025$2.76
Sep 23, 2025Sep 30, 2025$0.09
Jun 24, 2025Jul 1, 2025$0.10

ELIL 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.
74.1%
Annualised · 17 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.
0.58
vs 3-month T-bills · 17 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.
−56.0%
17 months · trough Aug 2025
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.
0.41
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.

ELIL Cost

Expense ratio1.31%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

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

ELIL costs $131.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.