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Launched · SEC filings

Direxion Daily MRVL Bull 2X ETF

MRVUNasdaqBThis 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.

$150.27+2.92 (+1.98%)

At close: Oct 13, 2026, 4:00 PM

B59/ 100

Rank 43 of 380 in Single-Stock Long Leveraged

B59/100Rank 43 of 380inSingle-Stock Long Leveraged
Intraday session: up, 79 prints from 147.35 to 150.27. Range 131.47 to 150.27. Use the arrow keys to read each point.135.00140.00145.0010 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$131M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
11
Avg volume · 30D
0.3M sh
NAV per share
$158.29
52W range
low $20.80high $308.77
Launched
Filings
SEC EDGAR

The ETF.net MRVU Grade

Based on 5 of 6 pillars

B

Score 59 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
43 of 380
Six-pillar profile for MRVU. Scores out of 100: Cost 51, Risk 58, Mission 93, Tradability 74, Holdings not scored, Durability 73. Strongest: Mission (93). Weakest: Cost (51). Based on 5 of 6 pillars.

Score 59 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.
    C51 out of 100
    Rank 168 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A93 out of 100
    Rank 60 of 148

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B58 out of 100
    Rank 127 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A74 out of 100
    Rank 67 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.
    A73 out of 100
    Rank 48 of 380

Our read on MRVU

ETF.net Research

BTwo ETFs offer 2x daily Marvell. MRVU is the cheap one: 0.99% a year against 2.52% for the other. A daily-reset trading tool on the custom-AI-silicon designer, not a buy-and-hold holding.

Stated mandate

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

Why people hold it

  1. 01Fee of 0.99% a year undercuts the leveraged single-stock median and is well under half the 2.52% charged by the only other 2x Marvell ETF, MVLL.
  2. 02One ticker, 200% of Marvell's daily move, no margin account or options chain. Most you can lose is what you put in.direxion.com
  3. 03Marvell designs custom AI silicon and the interconnect gear that shuttles data inside AI data centers. Concentrated, high-voltage semis exposure.marvell.com
  4. 04Sits in the upper half of a 200-plus fund leveraged single-stock field, and it is moderately traded rather than a thin, hard-to-exit listing.

Worth knowing

  1. 01The 2x target resets daily. Over weeks, a choppy path in MRVL can leave you far from twice the stock's move, even if the stock ends higher.direxion.com
  2. 02One company, zero diversification, and the leverage doubles the down days too. Position sizing matters more here than in a broad fund.direxion.com
  3. 03Launched in 2026, so the track record is short and the risk picture rests on limited history.

MRVU Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
11
Top-10 weight
100%
Largest holding
Mrvl Swap Asset Leg (Mrvlmll)29.2%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Mrvl Swap Asset Leg (Mrvlmll)29.16%390,048$107M1
002—Mrvl Swap Asset Leg (Mrvlgsl)21.11%282,423$78M1
003—Goldman Finl Sq Trsry Inst 50614.10%51,913,668$52M98
004—Dreyfus Trsry Securities Cash Mgmt9.48%34,909,573$35M84
005MRVLMarvell Technology Inc7.13%95,405$26M470
006—Mrvl Swap Asset Leg (Mrvlctl)6.71%89,706$25M1
007—Mrvl Swap Asset Leg (Mrvlbcl)6.38%85,375$24M1
008—Dreyfus Govt Cash Man Ins2.99%10,999,139$11M108
009—Goldman Sachs Fin Gov 465 Institut2.52%9,270,000$9M76
010—Mrvl Swap Asset Leg (Mrvlbpl)0.25%3,319$914K1
011—Mrvl Swap Asset Leg (Mrvlnml)0.19%2,526$695K1

Showing 1–11 of 11 holdings

MRVU 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.
MRVU$10,584
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. MRVU $10,584. SPY $10,332. Use the arrow keys to read each point.$3,887$8,466$13,046Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 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 MRVU. Periods over one year show the average yearly return.
PeriodMRVU
Year to dateFund launched this year—
1 month+23.2%
3 months+5.8%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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 MRVU
YearReturn barMRVU
2026 YTD+502.6%

Since listing, Feb 11, 2026

MRVU in the news

Filtered to MRVU · Single-Stock Long Leveraged

MRVU Dividends

Last payment
$0.38 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 $0.35; Sep 22, 2026 $0.38. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Sep 29, 2026$0.38
Jun 23, 2026Jun 30, 2026$0.35
Mar 24, 2026Mar 31, 2026$0.05

MRVU 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 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.
8.08
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.

MRVU Cost

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

167 of the 333 Single-Stock Long Leveraged funds charge less.

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

Other funds in Single-Stock Long Leveraged

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