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AAPU ETF Profile


Family: Direxion Shares
Name: Direxion Daily AAPL Bull 2X Shares
Inception Date: 9-Aug-2022
Termination Date:
Investment Objective: The Direxion Daily AAPL Bull 2X Shares (AAPU) seeks 200% daily leveraged investment results and thus will have an increase of volatility relative to the underlying AAPL performance itself. As a result, the fund may be riskier than alternatives that do not use leverage because the fund's objective is to magnify the daily performance of the common shares of Apple Inc. (NASDAQ AAPL). The return for investors that invest for periods longer or shorter than a trading day should not be expected to be 200% of the performance of AAPL for the period. The return of the fund for a period longer than a trading day will be the result of each trading day's compounded return over the period, which will very likely differ from 200% of the return of AAPL for that period. Longer holding periods, higher volatility of AAPL and leverage increase the impact of compounding on an investor's returns. During periods of higher AAPL volatility, the volatility of AAPL may affect the fund's performance.
Prospectus
Top 10 Holdings
Derivatives offset -170.8838%
APPLE INC SWAP 40.2688%
DREYFUS GOVT CASH MAN INS 39.3726%
APPLE INC SWAP 37.3789%
APPLE INC SWAP 33.9775%
APPLE INC Swap 32.4451%
APPLE INC SWAP 26.8136%
GOLDMAN FINL SQ TRSRY INST 506 24.9116%
DREYFUS TRSRY SECURITIES CASH MGMT X9USDDTP3 14.6965%
APPLE INC AAPL 11.0827%
Top 10 Holdings Weight: 90.1%
Number of Holdings: 11
Shares Outstanding: 3,925,001
Total Net Assets: 119,634,000
NAV: 30.47
Net Expense Ratio: 0.95%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy:
Currency:
Commodity:
Sector: Technology
Industry:
Dividend Type:
Tax Exempt State:
Maturity Duration:
Market Cap: Large Cap
Credit Quality:
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Reit Type:
Leverage Direction/Factor: Leveraged (2x)
Is Currency Hedged: No
US or Ex-US: Domestic