Direxion Daily S&P 500 Bull 2X ETF
$225.34−3.46 (−1.51%)
- Expense ratio
- 0.66%
- Fund size
- $284M
- 1Y return
- +28.7%
- Yield · Last 12 months
- 1.37%
- Holdings
- 510
- Volume · 30D
- 0M sh
- NAV per share
- $221.51
- 52W range
The ETF.net SPUU Grade
Score 63 of 100 sits in the B 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.AScore 74Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 62Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 44Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 62Category rank
Our read on SPUU
BTwo times the S&P 500's daily move, at one of the lowest fees in the leveraged large-cap aisle. It resets every day, so results over longer stretches depend on the path the index takes, not just where it ends up.
The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of the S&P 500® Index.
Why people hold it
- At 0.66%, it undercuts the other leveraged S&P 500 bull funds in its group, including SSO, UPRO and SPXL, each of which charges more.
- Plain vanilla underneath: the S&P 500's roughly 500 large caps, geared 2x daily. No sector tilt, no stock picking, no exotic reference basket.
- 2x is the gentler rung of the ladder next to the 3x versions such as SPXL and UPRO, so each day's swing is smaller for the same index move.
- Trading since 2014 and one of the stronger implementations in its leveraged S&P 500 peer group, with low cost doing much of the work.
Worth knowing
- The 2x target applies to a single day. Hold longer and compounding takes over, so choppy markets can leave you with less than 2x the index's stretch.
- Trades lighter than the biggest names in the leveraged S&P 500 category, which can show up as wider bid-ask spreads at the moment you deal.
- 0.66% is cheap for leverage but many multiples of a plain S&P 500 index fund. Distributions land quarterly, and income is not the point here.
SPUU Holdings
- Stocks
- 510
- 70%
- SPX SWAP ASSET LEG (SPXGSL)
Sectors
- Technology38.7%
- Financials12.1%
- Communication9.5%
- Consumer Discr.9.3%
- Health Care9.3%
- Industrials7.7%
- Cons. Staples4.5%
- Energy3.5%
- Utilities2.0%
- Real Estate1.8%
- Materials1.7%
Geography
- United States97.96%
- Ireland1.15%
- United Kingdom0.41%
- Switzerland0.30%
- Netherlands0.09%
- Bermuda0.07%
- Canada0.02%
SPUU Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | SPUU |
|---|---|
| Year to date | +24.8% |
| 1 month | +2.2% |
| 3 months | +7.0% |
| 1 year | +28.7% |
| 3 years | +39.9% |
| 5 years | +19.3% |
| 10 years | +24.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SPUU |
|---|---|---|
| 2026 YTD | +24.8% | |
| 2025 | +26.5% | |
| 2024 | +44.2% | |
| 2023 | +47.3% | |
| 2022 | −38.7% | |
| 2021 | +61.3% | |
| 2020 | +21.9% |
SPUU in the news
ETF.net Research hasn’t filed on SPUU yet — coverage lands here as it’s written.
SPUU Dividends
- 1.37%
- $3.14
- $0.26 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 22, 2026 | Pays Sep 29, 2026 | $0.26 |
| Jun 23, 2026 | Jun 30, 2026 | $0.31 |
| Mar 24, 2026 | Mar 31, 2026 | $0.32 |
| Dec 23, 2025 | Dec 31, 2025 | $0.10 |
| Dec 10, 2025 | Dec 17, 2025 | $1.91 |
| Sep 23, 2025 | Sep 30, 2025 | $0.24 |
| Jun 24, 2025 | Jul 1, 2025 | $0.38 |
| Mar 25, 2025 | Apr 1, 2025 | $0.37 |
| Dec 23, 2024 | Dec 31, 2024 | $0.11 |
| Sep 24, 2024 | Oct 1, 2024 | $0.11 |
| Jun 25, 2024 | Jul 2, 2024 | $0.31 |
| Mar 19, 2024 | Mar 26, 2024 | $0.28 |
SPUU 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.
- 26.4%
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.
- 1.10
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.
- −46.6%
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.
- 2.01
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SPUU Cost
- The middle half of 2x/3x Long S&P 500 funds
- Median 0.88%
2 of the 7 2x/3x Long S&P 500 funds charge less.