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 Charts And Performance

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 10/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SPUU -2.48% -3.99% 37.97% 7.99% 22.21% 48.23% --
SPUU (NAV) -2.15% -2.45% 39.07% 16.36% 24.20% 19.48% --
S&P 500 -0.86% -0.49% 20.38% 11.12% 13.87% 11.55% --
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%
$10.17M
0.06%

SPUU Portfolio Data

1.63%
12/23/19

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 10/14/19
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

9,383
$519.62K
7,993
$451.45K
0.06%
$0.04
-0.04%
0.99% / -1.75%
None
0.00%
50,000
0.16
0.04%
--
0
$56.68
N/A