SPUU

Direxion Daily S&P 500 Bull 2X Shares
*Unless otherwise stated, data provided by FactSet.

SPUU Fund Description

SPUU provides daily leveraged exposure to the S&P 500, a market-cap-weighted index of US large- and midcap stocks selected by S&P’s index committee.

SPUU Factset Analytics Insight

As a daily-reset product, SPUU is a short-term tactical instrument only. SPUU uses swaps and other derivatives to provide 2x levered exposure to the S&P 500. The underlying stocks are selected by S&P's index committee to represent the US large-cap space—not necessarily the 500 largest US stocks as is sometimes supposed. Still, the index effectively captures the US large-cap space. Due to the fund's daily rebalancing, holding-period returns longer than a day are unlikely to resemble 2x exposure to the S&P 500. A short holding period means that SPUU's headline expense ratio—which is low for the leveraged ETF space—is less important than trading costs. Those costs are likely to be volatile due to SPUU's limited daily volume, though average spreads tend to be manageable. Trade with care, and use limit orders. With scanty assets under management, SPUU presents elevated closure risk.

SPUU MSCI ESG Analytics Insight

Direxion Daily S&P 500 Bull 2X Shares has an MSCI ESG Fund Rating of A based on a score of 6.61 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion Daily S&P 500 Bull 2X Shares ranks in the 73th percentile within its peer group and in the 71st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

SPUU Charts And Performance

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PERFORMANCE [as of 08/05/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SPUU 13.41% 33.75% -3.80% 23.63% 17.23% 17.59% --
SPUU (NAV) 12.93% 33.87% -3.90% 23.76% 17.16% 17.75% --
S&P 500 6.42% 16.58% 4.16% 19.30% 12.54% 11.90% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SPUU Summary Data

Direxion
05/28/14
Open-Ended Fund
0.64%
$17.77M
0.09%

SPUU Portfolio Data

1.50%
09/22/20

SPUU Index Data

S&P 500
Market Cap
Committee
N/A

SPUU Fund Structure

Yes
No
No Policy
N/A
N/A
High
2
Daily

SPUU Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

SPUU Factset Analytics Block Liquidity

As of 08/06/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SPUU. SPUU is rated a N/A out of 5.

SPUU Tradability

31,765
$1.80M
29,671
$1.69M
0.09%
$0.05
-0.05%
1.17% / -2.39%
None
0.00%
50,000
0.59
0.06%
--
0
$63.55
N/A

SPUU MSCI ESG Ratings

6.61 / 10
70.68
73.21
10.91%
6.11%
158.24