Launch Roundup
Subversive ETFs listed S&P 500 and Nasdaq-100 funds that exclude Elon Musk's companies
Direxion Daily XOM 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.
$54.41+1.39 (+2.63%)
- 2.36%
- $6M
- +115.9%
- 1.60%
- 0M sh
- $51.18
- low $24.92high $60.28
The ETF.net XOMX Grade
D
Score 39 out of 100
- 273 of 380
Score 39 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.F3 out of 100Rank 367 of 380Mission
Whether the fund did what it promised, tested against its stated mandate.A99 out of 100Rank 5 of 148Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A85 out of 100Rank 17 of 363Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B58 out of 100Rank 129 of 380Holdings
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.B66 out of 100Rank 83 of 380
Our read on XOMX
DMost single-stock leverage points at chipmakers and crypto proxies. XOMX aims the same machinery at an oil major, seeking 200% of Exxon Mobil's daily move, reset every night.
The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Exxon Mobil Corporation’s common shares.
Why people hold it
- One job, stated plainly: 200% of Exxon Mobil's daily share move, before fees. Since its 2025 launch it has stayed close to that daily target.direxion.com
- Energy is thin ground in single-stock leverage, where tech dominates. Direxion runs this as a pair: a 2x bull on XOM and a 1x bear (XOMZ) for the other side.direxion.com
- 2x, not 3x, on a mega-cap integrated oil company. That combination sits in the calmer upper half of the leveraged single-stock bull group on risk measures.
Worth knowing
- Fees bite: 2.36% a year against roughly 1% for the median leveraged single-stock fund. Some 2x bulls on the same shelf charge 0.96% (GGLL, AAPU) or 0.75% (UNHG).
- The 200% target resets daily. Hold through a choppy stretch and your result can drift well away from twice Exxon's move over that period.direxion.com
- A small, thinly traded fund. Spreads can widen, so limit orders matter more here than on the household-name leveraged tickers.
XOMX Holdings
- Stocks
- 9
- 100%
- Xom Swap Asset Leg (Xombcl)
Sectors
- Energy100.0%
XOMX 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.
XOMX$21,592
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 | XOMX |
|---|---|
| Year to date | +85.7% |
| 1 month | +6.1% |
| 3 months | +49.5% |
| 1 year | +115.9% |
| 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 | XOMX |
|---|---|---|
| 2026 YTD | +85.7% | |
| 2025 | +20.0% |
XOMX in the news
XOMX Dividends
- 1.60%
- $0.85
- $0.28 per share
- Quarterly
Distribution history
XOMX 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.
- 49.7%
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.
- 1.21
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.
- −39.6%
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.
- −2.23
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XOMX Cost
2.36%
XOMX2.36%
- The middle half of Single-Stock Long Leveraged funds
- Median 0.98%
321 of the 333 Single-Stock Long Leveraged funds charge less.
Other funds in Single-Stock Long Leveraged
- DSMCLGraniteShares ETF Trust - GraniteShares 2x Long SMCI Daily ETFExpense ratio 1.50%1 year return −84.4%
- DSOFXDaily Target 2X Long SOFI ETFExpense ratio 1.33%1 year return −80.6%
- DIONXDefiance Daily Target 2X Long IONQ ETFExpense ratio 1.38%1 year return −91.6%
- DONDLDaily Target 2X Long ONDS ETFExpense ratio 1.32%1 year return —
- DSNOUETF Opportunities Trust - T-REX 2X Long SNOW Daily Target ETFExpense ratio 1.50%1 year return +37.1%