Key stats
About Direxion Daily S&P 500 Bull 2X Shares
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Inception date
May 28, 2014
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
SPUU offers a bullish bet on the large-cap segment of the US equity market. With the use of swaps and derivatives, the fund aims to provide 2x levered exposure to the S&P 500, an index of committee-selected US large-cap companies which covers approximately 80% of the US investable universe. The index constituents are market-cap-weighted and rebalanced on a quarterly basis. As a geared product with daily resets, SPUU is designed as a short-term tactical instrument and not a long-term investment vehicle. As a result, long-term returns could materially differ from those of the underlying index due to daily compounding.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks95.77%
Electronic Technology20.59%
Technology Services20.29%
Finance14.56%
Retail Trade7.61%
Health Technology7.43%
Consumer Non-Durables3.78%
Producer Manufacturing3.19%
Consumer Services2.91%
Utilities2.41%
Energy Minerals2.23%
Consumer Durables1.98%
Transportation1.97%
Process Industries1.45%
Health Services1.39%
Commercial Services1.00%
Communications0.95%
Industrial Services0.90%
Distribution Services0.66%
Non-Energy Minerals0.45%
Miscellaneous0.04%
Bonds, Cash & Other4.23%
Cash4.23%
Stock breakdown by region
North America97.42%
Europe2.58%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPUU invests in stocks. The fund's major sectors are Electronic Technology, with 20.59% stocks, and Technology Services, with 20.29% of the basket. The assets are mostly located in the North America region.
SPUU top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 6.61% and 6.52% of the portfolio correspondingly.
SPUU last dividends amounted to 0.37 USD. The quarter before, the issuer paid 0.11 USD in dividends, which shows a 69.80% increase.
SPUU assets under management is 165.16 M USD. It's risen 18.21% over the last month.
SPUU fund flows account for 15.83 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SPUU pays dividends to its holders with the dividend yield of 0.63%. The last dividend (Apr 1, 2025) amounted to 0.37 USD. The dividends are paid quarterly.
SPUU shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on May 28, 2014, and its management style is Passive.
SPUU expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
SPUU follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPUU invests in stocks.
SPUU price has risen by 12.29% over the last month, and its yearly performance shows a 15.75% increase. See more dynamics on SPUU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.65% over the last month, showed a 2.68% increase in three-month performance and has increased by 17.04% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.65% over the last month, showed a 2.68% increase in three-month performance and has increased by 17.04% in a year.
SPUU trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.