Direxion Daily Uranium Industry 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.
$17.25−0.23 (−1.32%)
- 1.46%
- $29M
- −59.7%
- 17.88%
- 0.1M sh
- $18.62
- low $17.48high $63.13
The ETF.net URAA Grade
D
Score 29 out of 100
- 84 of 99
Score 29 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.
Cost
The fund’s net expense ratio, ranked against its category.F21 out of 100Rank 78 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.F16 out of 100Rank 89 of 96Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C49 out of 100Rank 54 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.B57 out of 100Rank 45 of 99
Our read on URAA
DA 2x daily geared take on uranium and nuclear power: one ticket, twice the index's daily move. Direxion launched it in 2024 as a short-horizon trading tool, not a quiet buy-and-hold sleeve.
The fund seeks daily investment results, before fees and expenses, equal to twice the performance of the Solactive United States Uranium and Nuclear Energy ETF Select Index.
Why people hold it
- Aims for twice the daily move of the Solactive United States Uranium and Nuclear Energy ETF Select Index: miners, fuel and reactor names, amplified in a single ticket.direxion.com
- Exposure comes from a published rules-based index rather than a manager's stock picks, so the basket behind the leverage is mechanical and disclosed.direxion.com
- The uranium shelf is otherwise unleveraged (NLR, URA, URNM). URAA is the geared version of that theme, from an issuer whose whole business is daily 2x and 3x funds.direxion.com
Worth knowing
- The fee runs 1.46% a year, well above what the plain uranium and nuclear funds in this group charge.
- The leverage resets every day. Over longer holds compounding takes over, and multi-day results can drift far from 2x the index's move, especially in choppy markets.direxion.com
- Launched in June 2024, so the track record is short, and any distributions arrive irregularly rather than on a set schedule.
URAA Holdings
- Stocks
- 12
- 96%
- Susune Swap Asset Leg (Susuneubl)
Sectors
- Energy62.3%
- Industrials19.6%
- Utilities14.4%
- Materials2.8%
- Technology0.8%
Geography
- United States100.00%
URAA 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.
URAA$4,028
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 | URAA |
|---|---|
| Year to date | −43.2% |
| 1 month | −25.7% |
| 3 months | −28.9% |
| 1 year | −59.7% |
| 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 | URAA |
|---|---|---|
| 2026 YTD | −43.2% | |
| 2025 | +88.5% | |
| 2024 | −26.5% |
URAA in the news
URAA Dividends
- 17.88%
- $3.13
- $0.04 per share
- Quarterly
Distribution history
URAA 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.
- 88.6%
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.
- 0.30
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.
- −71.4%
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.
- 4.28
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
URAA Cost
1.46%
URAA1.46%
- The middle half of Leveraged Long (2x & Other) funds
- Median 1.00%
77 of the 95 Leveraged Long (2x & Other) funds charge less.
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