Key stats
About Direxion Daily SHOP Bull 2X ETF
Home page
Inception date
Aug 6, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
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.
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
Cash
Stocks5.24%
Commercial Services5.24%
Bonds, Cash & Other94.76%
Cash94.76%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SHPU last dividends amounted to 0.18 USD. The year before, the issuer paid 5.56 USD in dividends, which shows a 3.00 K% decrease.
SHPU assets under management is 5.93 M USD. It's fallen 23.73% over the last month.
SHPU fund flows account for 8.47 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.
Yes, SHPU pays dividends to its holders with the dividend yield of 4.33%. The last dividend (Dec 31, 2025) amounted to 0.18 USD. The dividends are paid annually.
SHPU shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Aug 6, 2025, and its management style is Passive.
SHPU expense ratio is 0.97% meaning you'd have to pay 0.97% of your investment to help manage the fund.
SHPU follows the Shopify, Inc. Class A. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SHPU invests in cash.
SHPU price has fallen by −56.72% over the last month, and its yearly performance shows a −58.59% decrease. See more dynamics on SHPU price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −56.82% over the last month, showed a −63.82% decrease in three-month performance and has decreased by −54.19% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −56.82% over the last month, showed a −63.82% decrease in three-month performance and has decreased by −54.19% in a year.
SHPU trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.