SPUU

Direxion Daily S&P 500 Bull 2x Shares

SPUU provides 2x daily leveraged exposure to the S&P 500, a market-cap-weighted index of US large-cap stocks selected by S&Ps index committee.

Risk Management

DERIVATIVES

Rules-Based

MANAGEMENT STYLE

188.4 M

ASSETS UNDER MGMT

64 bp

EXPENSES
Fund Basics
Fund sponsorRafferty Asset Management
CategoryRisk Management
Asset classDerivatives
Websitelink...
Inception dateMay 28, 2014
Assets (mns)$174
Expense ratio64 bp
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Derivatives-basedYes
Options availableYes
Currency hedgedNo
Fund of fundsNo
Asset Allocation
Historical Performance
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Standardized Performance (as of 06/30/2025)
 YTD1 YR2 YR3 YR5 YR10 YR20 YRIncep.
Price Returns 5.7% 18.9% 30.0% 29.8% 23.3% 16.0% -- 16.1%
Dividend Yield 0.3% 0.5% 0.9% 1.2% 3.4% 4.4% -- 3.9%
Total Returns 6.0% 19.4% 31.0% 30.9% 26.7% 20.4% -- 20.0%
Ann. Volatility 48.1% 39.2% 31.7% 34.1% 34.5% 36.8% -- 35.6%
Market Correlations
versus...BetaR-squared
S&P 5001.9899%
MSCI EAFE1.3851%
MSCI Emg Mkts0.9525%
Liquidity Measures
Avg. volume (000)26
ADV traded (mns)$4
Turnover2.2%
Avg. Bid/Ask (% of price)0.08%
Technical Indicators
Recent close$159.20
30d moving avg.$150.71
Annualized volatility31.9%
Relative strength (RSI)62
Short interest1.7%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Expense Analysis

Peer Group Rules-Based
Risk Management Derivatives ETFs
# of ETFs 5
Avg. Expense Ratio 75.2 bp
Std. Deviation 11.7 bp
SPUU (64 bp) Percentile rank 19
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)		 Avg. Bid/Ask (bp)
(B)		 TCO (bp)
(A)+(B)
SPUU 64.0 7.5 71.5
Peer Avg. 94.4 33.5 127.9
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .