Direxion Daily Magnificent 7 Bull 2X Shares (QQQU)
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Learn moreETF Summary
The index is designed to track the performance of the seven largest NASDAQ listed companies, as identified by Indxx. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. The fund is non-diversified.
ETF Overview
| Category | Trading--Leveraged Equity |
|---|---|
| Fund Family | Direxion Funds |
| Net Assets | 77.47M |
| YTD Daily Total Return | 3.49% |
| Yield | 0.09% |
| Legal Type | Exchange Traded Fund |
ETF Operations
| Attributes | QQQU | Category Average |
|---|---|---|
|
Annual Report Expense Ratio (net)
|
0.98% | 0.00% |
|
Holdings Turnover
|
223.00% | -- |
|
Total Net Assets
|
3,182,010.00 | 3,182,010.00 |
Morningstar Style Box

