Direxion Daily SHOP Bull 2X ETFDirexion Daily SHOP Bull 2X ETFDirexion Daily SHOP Bull 2X ETF

Direxion Daily SHOP Bull 2X ETF

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Key stats


Assets under management (AUM)
‪5.67 M‬USD
Fund flows (1Y)
‪6.42 M‬USD
Dividend yield (indicated)
3.80%
Discount/Premium to NAV
−0.05%
Shares outstanding
‪300.00 K‬
Expense ratio
0.97%

About Direxion Daily SHOP Bull 2X ETF


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Home page
Inception date
Aug 6, 2025
Structure
Open-Ended Fund
Index tracked
Shopify, Inc. Class A
Replication method
Synthetic
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
ALPS Distributors, Inc.
Identifiers
3
ISIN US25461A2217
SHPU provides 2x daily leveraged exposure to Shopify Inc. (SHOP), primarily using swaps and options. For liquidity, it may also hold high-quality, short-term debt instruments or money market funds. The fund rebalances daily to maintain its leveraged target. If SHOP moves more than 50% adversely in a day, investors could lose all their money, but the fund seeks to prevent gains or losses over 90% in a single day. Returns over periods longer than one day will differ from 2X the return of Shopify due to compounding and volatility. The Fund does not generally take defensive positions.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Internet services & infrastructure
Strategy
Vanilla
Geography
Canada
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
StocksBonds, Cash & Other
Cash
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SHPU trades at 13.85 USD today, its price has fallen −9.12% in the past 24 hours. Track more dynamics on SHPU price chart.
SHPU net asset value is 13.86 today — it's fallen 50.07% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SHPU assets under management is ‪5.67 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SHPU price has fallen by −51.91% over the last month, and its yearly performance shows a −57.08% decrease. See more dynamics on SHPU price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −50.07% over the last month, showed a −66.89% decrease in three-month performance and has decreased by −52.45% in a year.
SHPU fund flows account for ‪6.42 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SHPU invests in cash. See more details in our Analysis section.
SHPU expense ratio is 0.97%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, SHPU is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, SHPU pays dividends to its holders with the dividend yield of 3.80%.
SHPU trades at a premium (0.05%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SHPU shares are issued by Rafferty Asset Management LLC
SHPU follows the Shopify, Inc. Class A. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 6, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.