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TXNU

GradeCNew York Stock Exchange Arca

Direxion Daily TXN Bull 2X ETF

Leveraged · Single-Stock Leveraged · Direxion · Inception 2026-03-25

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.

$41.29+0.03 (+0.06%)

As of Sep 23, 2026, 1:55 PM EDT

History starts Mar 25, 2026.History starts Mar 25, 2026.History starts Mar 25, 2026.
Intraday session: up, 14 prints from 41.26 to 41.29. Range 40.30 to 41.29. Use the arrow keys to read each point.$40.40$40.8010 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$4M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$37.79
52W range
low $22.90high $70.29

The ETF.net TXNU Grade

C

40/ 100

Rank 201 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for TXNU. Scores out of 100: Cost 51, Risk 84, Mission 86, Tradability 38, Holdings not scored, Durability 54. Strongest: Mission (86). Weakest: Tradability (38). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned56This cap took−16Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 51
    Category rank206/380 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 86
    Category rank101/147 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 84
    Category rank17/285 · top 6%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 38
    Category rank237/380 · mid-pack

  • 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.
    CScore 54
    Category rank164/380 · top 43%

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

Our read on TXNU

ETF.net Research

CThe 2x single-stock shelf is stacked with megacap tech names. This one points at Texas Instruments, seeking 200% of the stock's daily move, with the clock resetting every session.

Stated mandate

The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Texas Instruments Incorporated common shares.

Why people hold it

  1. 01The mandate fits on one line: 200% of Texas Instruments' daily move, before fees and expenses. No stock picking, no options overlay to unpack.direxion.com
  2. 02Fee runs 0.99% a year, a shade under the typical charge in the 2x single-stock crowd.
  3. 03Direxion runs a deep bench of 2x single-stock funds (GGLL, AAPU among them), so the daily-reset machinery is well-worn house plumbing.
  4. 04The doubled exposure arrives inside a plain brokerage account: no margin loan, no options ladder to roll.direxion.com

Worth knowing

  1. 01The 200% target resets each day. Hold longer and compounding takes the wheel, so multi-day results can land far from twice the stock's move, especially in choppy stretches.
  2. 02One stock, doubled. A guidance cut or earnings stumble at Texas Instruments lands with twice the force, and there is no diversification to cushion it.
  3. 03Some 2x single-stock rivals charge 0.75% (UNHG, ASMG). TXNU also launched in 2026 as a small fund, so spreads can run wider than on the crowded tickers.

TXNU Holdings

As of Sep 22, 2026, 10:02 PM
Asset class
Other
Holdings
—
Top-10 weight
100%
Largest holding
TXN SWAP ASSET LEG (TXNGSL)30.4%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—TXN SWAP ASSET LEG (TXNGSL)30.43%13,186$4M1
002—TXN SWAP ASSET LEG (TXNMLL)23.95%10,378$3M1
003—GOLDMAN FINL SQ TRSRY INST 50612.50%1,466,920$1M100
004—DREYFUS TRSRY SECURITIES CASH MGMT9.90%1,161,662$1M82
005—DREYFUS GOVT CASH MAN INS6.89%808,194$808K108
006—TXN SWAP ASSET LEG (TXNCTL)6.56%2,844$770K1
007TXNTEXAS INSTRUMENTS INC6.45%2,797$758K497
008—TXN SWAP ASSET LEG (TXNNML)3.32%1,440$390K1

Showing 1–8 of 8 holdings

TXNU Performance

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

TXNU$6,227
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. TXNU $6,227. SPY $10,415. Use the arrow keys to read each point.$5,089$7,968$10,847Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – 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 TXNU. Periods over one year show the average yearly return.
PeriodTXNU
Year to dateFund launched this year—
1 month+3.6%
3 months−37.7%
1 yearFund is under 1 year old—
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 TXNU
YearReturn barTXNU
2026 YTD+63.2%

Since listing, Mar 25, 2026

TXNU in the news

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

TXNU 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.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Upcoming payment
$0.34 per share
Pays 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. 2 payments in 2026 YTD. Jun 23, 2026 $0.17; Sep 22, 2026 $0.34. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Pays Sep 29, 2026$0.34
Jun 23, 2026Jun 30, 2026$0.17

TXNU 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 Mar 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 Mar 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 Mar 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.
9.92
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.

TXNU Cost

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

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

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