Skip to content
etf.net

Launched

Direxion Daily TXN Bull 2X ETF

TXNUNYSE ArcaDirexionCThis 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.

$50.81+0.69 (+1.38%)

As of Nov 2, 2026, 3:41 PM ET

C40/ 100

Rank 136 of 380 in Single-Stock Long Leveraged

C40/100Rank 136 of 380inSingle-Stock Long Leveraged
Intraday session: up, 69 prints from 50.12 to 50.81. Range 50.12 to 53.20. Use the arrow keys to read each point.51.5052.0052.5053.0010 AM12 PM2 PM4 PM
Expense ratio
0.97%*
Fund size
$4M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
8
Avg volume · 30D
20.1K sh
52W range
low $22.90high $70.29
Launched

*After a fee waiver that ends Sep 1, 2027. Without it: 0.99%.

The ETF.net TXNU Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
136 of 380
Six-pillar profile for TXNU. Scores out of 100: Cost 54, Risk 86, Mission 83, Tradability 49, Holdings not scored, Durability 54. Strongest: Risk (86). Weakest: Tradability (49). Based on 5 of 6 pillars.

Score 40 of 100 falls in the C 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
60
This cap took
−20
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C54 out of 100
    Rank 169 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A83 out of 100
    Rank 114 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A86 out of 100
    Rank 13 of 368

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C49 out of 100
    Rank 194 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.
    C54 out of 100
    Rank 159 of 380

Our read on TXNU

ETF.net Research

In short

CTwo-times daily exposure to Texas Instruments, the analog and embedded chip name rather than another AI accelerator. The leverage resets every day, which by design makes this a short-horizon tool.

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

  • Aims for 200% of Texas Instruments' daily share move, before fees and expenses. Leveraged exposure to the analog and embedded chip corner of semis, not the GPU crowd.direxion.com
  • Costs 0.97% net of a waiver through September 1, 2027 (0.99% gross), landing near the median fee for leveraged single-stock funds.
  • The leverage comes packaged in one ticker: no margin account to open, no options chain to navigate, no roll dates to track.direxion.com

Worth knowing

  • Daily reset: hold past one day and returns compound off each close, so multi-day results can drift well away from 2x the stock's move, especially in choppy trading.direxion.com
  • Cheaper 2x single-stock funds exist, such as OKTG at 0.75% and TSMG at 0.76%, both without waivers, though each references a different company.
  • One company's news flow drives everything here, and light trading in smaller single-stock funds tends to show up as wider spreads.

TXNU Performance

Launched Mar 25, 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.
TXNU$11,362
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. TXNU $11,362. SPY $10,141. Use the arrow keys to read each point.$8,000$10,000$12,000Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 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 yearNo data
1 month+13.8%
3 months+13.6%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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+98.2%

Since listing, Mar 25, 2026

TXNU in the news

TXNU Dividends

Last payment
$0.34 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. 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, 2026Sep 29, 2026$0.34
Jun 23, 2026Jun 30, 2026$0.17

TXNU Risk

Risk pillarA86 out of 100Rank 13 of 368 in Single-Stock Long Leveraged

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.

FMP measures it over up to five years of monthly returns.

TXNU Cost

Compare TXNU and GOGL

Overpaying vs GOGL, tied cheapest in Single-Stock Long Leveraged

$14,043

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TXNU 0.97%

    $18,198

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • TXNU 0.97%
  • GOGL 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530TXNU $18,198GOGL $4,155

Year by year

YearTXNUGOGLOverpaying
10$1,712$365$1,347
20$6,443$1,421$5,022
30$18,198$4,155$14,043
How the 0.97% is worked out

Full fee 0.99%− waiver 0.02%= you pay 0.97%

The waiver ends Sep 1, 2027. After that the fee is 0.99% unless Direxion renews it. Source: prospectus, Mar 2026.

Other funds in Single-Stock Long Leveraged

See others