Direxion Daily BRKB Bull 2X SharesDirexion Daily BRKB Bull 2X SharesDirexion Daily BRKB Bull 2X Shares

Direxion Daily BRKB Bull 2X Shares

No trades
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Key stats


Assets under management (AUM)
‪2.49 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
0.2%

About Direxion Daily BRKB Bull 2X Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Expense ratio
0.97%
Home page
Inception date
Dec 11, 2024
Index tracked
Berkshire Hathaway Inc. Class B - USD - Benchmark TR Gross
Management style
Active
BRKU is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of Berkshire Hathaway (BRKB) stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research before initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.

Classification


Asset Class
Equity
Category
Sector
Focus
Industrials
Niche
Industrial Conglomerates
Strategy
Active
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows