Skip to content
etf.net

SPUU vs USGX

Direxion Daily S&P 500 Bull 2X ETF

SPUUBNYSE Arca

Corgi U.S. Growth 2x Daily ETF

USGXCCboe

Overlap

Expense ratio

USGX −0.15pt a year

SPUU0.60%USGX0.45%

Avg volume · 30D

SPUU 164.3×the volume

SPUU18.4KUSGX112

SPUU vs USGX Performance

Jul 31, 2026 – Oct 30, 2026

+1.4%SPUU−3.7%USGX

Jul 31, 2026 to Oct 30, 2026. SPUU +1.4%. USGX −3.7%. Use the arrow keys to read each point.5%10%15%Jul 2026Sep 2026Oct 2026
Expense ratio
SPUU 0.60%
USGX 0.45%, better
Fund size
SPUU $300M
USGX $0
1Y total return
SPUU +17.5%
USGX No data
Yield (12M)
SPUU 1.34%
USGX No data
Holdings
SPUU 509
USGX 1
Avg volume (30D)
SPUU 18.4K sh, better
USGX 112 sh
NAV per share
SPUU $224.77
USGX $21.21
52W range

ETF.net Grade

SPUU: Cost 74, Risk 63, Mission not scored, Tradability 44, Holdings not scored, Durability 62. USGX: Cost 84, Risk 33, Mission not scored, Tradability 16, Holdings not scored, Durability 17.
Pillar letters and Scores for SPUU, USGX, with each pillar’s weight
PillarSPUUUSGX
Cost30% weightA74A84Higher
Mission25% weightNot scoredNot scored
Risk15% weightB63HigherD33
Tradability15% weightC44HigherF16
Holdings10% weightNot scoredNot scored
Durability5% weightB62HigherF17

Rank among 2x/3x Long S&P 500 funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. SPUU and USGX are both graded against the same 7 2x/3x Long S&P 500 funds, so their Grades compare head to head.

2x/3x Long S&P 500⁠

Category · 7 funds
See all 7 ›

SPUU ranks 2nd and USGX 5th of 7 funds in the 2x/3x Long S&P 500 Category.

  1. Rank 1BSSOProShares Ultra S&P500Score 66
  2. Rank 2BSPUUDirexion Daily S&P 500 Bull 2X ETFScore 63
  3. Rank 3BSPXLDirexion Daily S&P 500 Bull 3X SharesScore 55
  4. Rank 3CUPROProShares UltraPro S&P500Score 55
  5. Rank 5CUSGXCorgi U.S. Growth 2x Daily ETFScore 40
  6. Rank 5CUSLXCorgi U.S. Large-Cap 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

SPUUBDirexion Daily S&P 500 Bull 2X ETF

USGXCCorgi U.S. Growth 2x Daily ETF

In short

SPUU Two times the daily move of the S&P 500, for 0.60% net of a waiver through September 1, 2027: the lowest fee on the S&P 500 bull-leverage shelf. The trade-off is a quieter ticker than the category's household name.

USGX No data

Stated mandate

SPUU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of the S&P 500® Index.

USGX No data

Why people hold it

  • SPUU 0.60% net of a waiver through September 1, 2027 (0.66% gross) undercuts the category median and rival SSO, at 0.84% net of its own waiver through September 30, 2027.
  • Aims for 200% of the S&P 500's daily move, reset every day, built on roughly 500 large-cap stocks plus swaps. No guesswork about the exposure.direxion.com
  • Listed in 2014, making it one of the longer-running 2x S&P 500 funds, and it rates among the stronger builds in a small peer group.direxion.com

USGX No data

Worth knowing

  • SPUU The daily reset is the whole story: over stretches longer than a day, results can drift from 2x the index's cumulative move, and choppy markets widen that gap.direxion.com
  • Thinly traded next to the biggest names in the aisle, which can show up as wider bid-ask spreads.
  • Leverage is symmetric. A 1% down day in the S&P 500 lands as roughly 2% here, before fees.

USGX No data

Full SPUU profile⁠

Full USGX profile⁠

SPUU vs USGX Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

SPUU vs USGX Cost

Overpaying SPUU vs USGX

$2,776

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

  • SPUU 0.60%

    $11,817

  • USGX 0.45%

    $9,041

$10,000
30 years

Cost over time

  • SPUU 0.60%
  • USGX 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530SPUU $11,817USGX $9,041

Year by year

YearSPUUUSGXOverpaying
10$1,076$812$264
20$4,116$3,128$988
30$11,817$9,041$2,776

Expense ratio

  • 0.60%SPUU
  • 0.45%USGX, cheaper
  • Middle half of 2x/3x Long S&P 500 funds
  • Median 0.84%

USGX 2nd cheapest of 7 funds

SPUU 3rd cheapest of 7 funds

SPUU vs USGX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
SPUU 1.34%
USGX No data
Payout (12M)
SPUU $2.90
USGX None
Last payment
SPUU $0.26
USGX No data
Ex-dividend
SPUU Sep 22, 2026
USGX No data
Paid on
SPUU Sep 29, 2026
USGX No data
Frequency
SPUU Quarterly
USGX No data

Distribution history

Per share, 2017 to 2026, same scale for both

SPUUQuarterly · 31 paymentsAll SPUU payments⁠
One bar per payment. 31 payments from 2017 to 2026 YTD. Jun 20, 2017 $2.94; Sep 19, 2017 $0.08; Dec 19, 2017 $0.43; Jun 19, 2018 $0.22; Sep 25, 2018 $1.59; Dec 27, 2018 $0.42; Mar 19, 2019 $0.04; Jun 25, 2019 $0.47; Dec 23, 2019 $0.49; Jun 23, 2020 $0.27; Dec 10, 2020 $5.36; Dec 22, 2020 $0.36; Jun 22, 2021 $0.33; Dec 9, 2021 $2.27; Dec 21, 2021 $0.94; Dec 20, 2022 $0.62; Jun 21, 2023 $0.35; Sep 19, 2023 $0.19; Dec 21, 2023 $0.31; Mar 19, 2024 $0.28; Jun 25, 2024 $0.31; Sep 24, 2024 $0.11; Dec 23, 2024 $0.11; Mar 25, 2025 $0.37; Jun 24, 2025 $0.38; Sep 23, 2025 $0.24; Dec 10, 2025 $1.91; Dec 23, 2025 $0.10; Mar 24, 2026 $0.32; Jun 23, 2026 $0.31; Sep 22, 2026 $0.26. Use the arrow keys to read each point.$0$52017202020232026YTD
USGXAll USGX payments⁠

No distribution history available.

SPUU vs USGX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SPUU 25.1%USGX No data
Return per unit of riskSharpe ratio, 3 years
SPUU 1.32USGX No data
Worst fallMax drawdown, 5 years
SPUU −46.6%USGX No data
Market sensitivityBeta, 5 years
SPUU 2.01USGX 1.76

Popular comparisons

  • SPUUBvsSSOB

    Direxion Daily S&P 500 Bull 2X ETF · ProShares Ultra S&P500

    Expense ratio
    0.60% · 0.84%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • USGXCvsSSOB

    Corgi U.S. Growth 2x Daily ETF · ProShares Ultra S&P500

    Expense ratio
    0.45% · 0.84%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SPUUBvsSPXLB

    Direxion Daily S&P 500 Bull 2X ETF · Direxion Daily S&P 500 Bull 3X Shares

    Expense ratio
    0.60% · 0.84%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • USGXCvsSPXLB

    Corgi U.S. Growth 2x Daily ETF · Direxion Daily S&P 500 Bull 3X Shares

    Expense ratio
    0.45% · 0.84%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SPUUBvsUPROC

    Direxion Daily S&P 500 Bull 2X ETF · ProShares UltraPro S&P500

    Expense ratio
    0.60% · 0.88%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • USGXCvsUPROC

    Corgi U.S. Growth 2x Daily ETF · ProShares UltraPro S&P500

    Expense ratio
    0.45% · 0.88%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.