Direxion Daily Energy Top 5 Bull 2X ETF
DThis 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.
$48.29+2.31 (+5.01%)
- 8.25%
- $3M
- +102.6%
- 0M sh
- $44.73
- low $22.49high $47.18
The ETF.net TEXU Grade
D
Score 25 out of 100
- 92 of 99
Score 25 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 25
- This cap took
- −0
- Published Score
- 25
Cost
The fund’s net expense ratio, ranked against its category.F0 out of 100Rank 99 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B64 out of 100Rank 27 of 96Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D30 out of 100Rank 76 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C43 out of 100Rank 58 of 99
Our read on TEXU
DMost leveraged energy plays spread across the whole sector. TEXU aims at 2x the daily move of just the five biggest S&P 500 energy names, equal weighted. A scalpel rather than a shovel, with a price tag to match.
The fund seeks daily investment results equal to 200% of the performance of the S&P 500 Energy (Sector) Top 5 Equal Capped Index, before fees and expenses.
Why people hold it
- Not a whole-sector basket: the index tracks the five largest S&P 500 energy companies by float market cap, and the fund seeks 200% of their daily move.spglobal.com
- Equal weighting keeps the largest oil major from swamping the basket, so each of the five names carries a similar share of the exposure.spglobal.com
- Geared exposure arrives in a listed ETF wrapper: no margin account, no futures roll, no options chain to manage.direxion.com
Worth knowing
- The 2x target resets daily. Hold longer than a day and results can drift well away from twice the index's move over that stretch, especially in choppy markets.direxion.com
- The listed expense ratio is 8.25%, many times what mainstream leveraged funds such as QLD or FAS charge, and it applies whether energy rises or falls.
- Five stocks, one sector, one country, then doubled. A single company's news can move the whole fund, and the 2025 launch leaves a short live record.
TEXU Holdings
- Stocks
- 11
- 98%
- SPXTE5 Swap Asset Leg (SPXTE5CTL)
Geography
- United States100.00%
TEXU Performance
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.
TEXU$20,263
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.
| Period | TEXU |
|---|---|
| Year to date | +95.0% |
| 1 month | +2.2% |
| 3 months | +36.3% |
| 1 year | +102.6% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
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 | TEXU |
|---|---|---|
| 2026 YTD | +95.0% | |
| 2025 | −3.2% |
TEXU in the news
TEXU Dividends
- $0.26 per share
- Quarterly
Distribution data unavailable.
Distribution history
TEXU 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 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.
- —
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.
- −31.7%
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.
- −1.43
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TEXU Cost
8.25%
TEXU8.25%
- The middle half of Leveraged Long (2x & Other) funds
- Median 1.00%
Every other Leveraged Long (2x & Other) fund charges less.
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