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YTD
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ALL
AUM
$290332145
P/E ratio
23.6
Dividend yield
1.2823%
Expense ratio
0.6%
Beta
2.012515
Previous close
$227.90
Today's open
$227.38
Day's range
$225.85 - $227.61
52 week range
$154.85 - $232.39
Equities
Multi Alternative
8.8%
6.89%
AAPL
Apple Inc.
6.1%
4.91%
AMZN
Amazon.Com Inc
3.64%
GOOGL
Alphabet Inc.Class A
2.97%
AVGO
Broadcom Inc
2.66%
More Signs Of Growth Across AI And Europe
Europe shows tentative signs of improvement, but the recovery remains uneven. AI investment is increasingly influencing U.S. capital spending and trade.
Seeking Alpha • Aug 29, 2026

CIO Weekly: SpaceX-Led IPO Boom Forces Governance Into Focus
The $85 billion listing last month of SpaceX, Elon Musk's aerospace, satellite communications and artificial intelligence company, was an important market event. The company's dual-class share structure, conferring disproportionate voting power on its founder, could be expected to serve as a template for the next wave of high-profile IPOs, with OpenAI and Anthropic expected to follow suit in the coming quarters.
Seeking Alpha • Jul 13, 2026

The Russell 2000 Just Did Something for the First Time Since 1991. Here's Why Investors Should Pay Attention.
The Russell 2000 has now lagged the broader market for many years. Small-cap stocks tend to perform well during periods of lower interest rates and economic expansion.
The Motley Fool • Jul 6, 2026

Ceasefire Hopes Lift Risk Appetite: Leveraged ETFs for Tactical Play
Optimistic ceasefire developments have driven equities higher and shifted markets into a risk-on mode. Investors can consider leveraged ETFs to amplify upside exposure.
Zacks Investment Research • Jun 12, 2026

Leveraged ETF Watchlist And SPUU's Ongoing Drift
The Direxion Daily S&P 500 Bull 2X Shares ETF aims to deliver twice the daily return of the S&P 500 Index. SPUU and other leveraged ETFs experience "drift" or decay, especially in volatile or sideways markets, eroding long-term returns. Historical data shows SPUU outperforms in bull markets but suffers significant capital erosion during choppy periods due to negative drift.
Seeking Alpha • Nov 2, 2025

Erosion Goes On For SPUU
The Direxion Daily S&P 500 Bull 2X Shares ETF offers profitable swing trading in bull markets, but its 2X leverage causes performance drift and decay, especially in volatile or sideways markets. Leveraged ETF decay is mainly due to beta-slippage, with higher leverage and volatility increasing the negative drift over time. SPUU's historical and simulated returns show that long-term outperformance over SPY is minimal, with significant drawdowns and persistent negative drift.
Seeking Alpha • Aug 1, 2025

Leveraged ETFs Report And Focus On SPUU: Not A Long-Term Investment
Leveraged ETFs like Direxion Daily S&P 500 Bull 2X Shares ETF (SPUU) can be profitable in trending markets but suffer from beta-slippage. This article reports the drifts of 22 leveraged ETFs. Those in semiconductors show particularly large decays. SPUU's 12-month drift has been almost continuously negative since January 2022, highlighting its risk as a long-term holding.
Seeking Alpha • May 2, 2025

2 S&P 500 ETFs for Growth and Leverage in a Hot Market
To put it mildly, it's been a very good couple of years for the S&P. Following a tepid 2022, the banner S&P 500 index has accelerated growth from 2023 into 2024.
MarketBeat • Feb 21, 2025

SPUU Ongoing Decay And Leveraged ETFs Monthly Watchlist
Direxion Daily S&P 500® Bull 2X Shares ETF magnifies returns in uptrends, but suffers from drift due to beta-slippage. Drift analysis reveals that leveraged ETFs in high-volatility industries experience significant decay, while steady trends can result in positive drift. SPUU has been profitable since inception, but shows concerning long-term performance and high draw-downs, making it suitable only for seasoned investors.
Seeking Alpha • Feb 3, 2025

SPUU: Volatility With Results And Strong Momentum Can Be Opportunities
The S&P 500 is highly concentrated in its top 10 companies, with five releasing results this week, boosting confidence. The put/call ratio of 1.43x, below the historical average, indicates strong market confidence, supporting a short-term investment strategy. Despite the risks of leveraged ETFs, the potential for a 24% target appreciation makes this an attractive opportunity for daring investors.
Seeking Alpha • Oct 30, 2024

¹ Disclosures

Open an M1 investment account to buy and sell Direxion Daily S&P 500 Bull 2X Shares commission-free¹. Build wealth for the long term using automated trading and transfers.