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QQQU ETF Profile


Family: Direxion Shares
Name: Direxion Daily Magnificent 7 Bull 2X ETF
Inception Date: 7-Mar-2024
Termination Date:
Investment Objective: The Fund seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Indxx Magnificent 7 Index (the "Index"). The Index is designed to track the performance of seven of the leading NASDAQ listed companies, as identified by Indxx (the "Index Provider"). The Index is equally weighted and reconstituted and rebalanced quarterly. The Fund, under normal circumstances, invests at least 80% of the Fund's net assets (plus borrowing for investment purposes) in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 2X daily leveraged exposure to the Index, or to exchange-traded funds ("ETFs") that track the Index, consistent with the Fund's investment objective.
Prospectus
Top 10 Holdings
Derivatives offset -123.3583%
INDXX FRONT OF THE Q INDEX SWAP 52.2481%
INDXX FRONT OF THE Q INDEX SWAP 43.6648%
DREYFUS GOVT CASH MAN INS 31.2971%
INDXX FRONT OF THE Q INDEX SWAP 27.4454%
MICROSOFT CORP MSFT 9.9205%
AMAZON.COM INC AMZN 9.1168%
GOLDMAN SACHS FIN GOV 465 INSTITUT X9USDGLDS 8.2467%
ALPHABET INC-CL A GOOGL 7.9817%
META PLATFORMS INC-CLASS A META 7.8223%
Top 10 Holdings Weight: 74.4%
Number of Holdings: 15
Shares Outstanding: 1,325,001
Total Net Assets: 75,710,560
NAV: 57.08
Net Expense Ratio: 0.98%
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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Leverage Direction/Factor: Leveraged (2x)
Is Currency Hedged: No
US or Ex-US: Domestic
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