Direxion Daily S&P 500 Bull 2X ETF (SPUU)
Direxion Daily S&P 500 Bull 2X ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $228.39, up 0.51% on the session, giving a market capitalisation of $272.0M. Its beta of 2.01 implies it has historically moved more than the broad market.
This Direxion ETF, known as the Daily S&P 500 Bull 2X Shares, is designed to provide daily returns that are 200% (or double) the performance of the S&P 500 Index. This objective is calculated gross of any fees and expenses. Nevertheless, it is not guaranteed that the fund will consistently achieve its stated daily investment goal.
Direxion Daily S&P 500 Bull 2X ETF is most often compared with the following Financial Services names: