Key stats
About DIREXION SHARES ETF TRUST DAILY S&P 500 BULL 2X (NEW)
Home page
Inception date
May 28, 2014
Structure
Open-Ended Fund
Replication method
Synthetic
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
SPUU offers a bullish bet on the large-cap segment of the US equity market. With the use of swaps and derivatives, the fund aims to provide 2x levered exposure to the S&P 500, an index of committee-selected US large-cap companies which covers approximately 80% of the US investable universe. The index constituents are market-cap-weighted and rebalanced on a quarterly basis. As a geared product with daily resets, SPUU is designed as a short-term tactical instrument and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks91.35%
Electronic Technology19.62%
Technology Services18.62%
Finance12.04%
Retail Trade7.83%
Health Technology7.48%
Consumer Non-Durables3.39%
Producer Manufacturing2.97%
Commercial Services2.76%
Consumer Services2.73%
Consumer Durables2.46%
Utilities2.33%
Energy Minerals2.27%
Health Services1.58%
Process Industries1.41%
Transportation1.30%
Communications0.80%
Industrial Services0.73%
Distribution Services0.57%
Non-Energy Minerals0.39%
Miscellaneous0.04%
Bonds, Cash & Other8.65%
Cash8.65%
Stock breakdown by region
North America99.95%
Europe0.05%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history