- ISIN
- US25460G7088
- Issuer
- Direxion
- Inception Date
- Apr 23, 2025
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $25M
Share Price Chart
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Performance
BOEU Performance Chart
Direxion Daily BA Bull 2X Shares (BOEU) is down 13.7% since the beginning of the year. BOEU is currently trading at $33 per share.
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Returns By Period
Direxion Daily BA Bull 2X Shares (BOEU) has returned -13.65% so far this year and -20.69% over the past 12 months.
Direxion Daily BA Bull 2X Shares
- 1D
- -6.22%
- 1M
- -10.91%
- YTD
- -13.65%
- 6M
- -1.79%
- 1Y
- -20.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
BOEU Monthly Returns History
Based on dividend-adjusted daily data since Apr 23, 2025, BOEU's average daily return is +0.14%, while the average monthly return is +2.68%. At this rate, an investment would double in approximately 2.2 years.
Historically, 53% of months were positive and 47% were negative. The best month was Apr 2026 with a return of +30.3%, while the worst month was Mar 2026 at -25.5%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, BOEU closed higher 50% of trading days. The best single day was Dec 2, 2025 with a return of +20.4%, while the worst single day was Oct 30, 2025 at -13.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 14.56% | -6.53% | -25.45% | 30.33% | -0.47% | -16.61% | -13.65% | ||||||
| 2025 | 12.50% | 26.50% | 0.74% | 9.66% | 10.52% | -16.57% | -14.43% | -13.17% | 28.69% | 38.59% |
Benchmark Metrics
Direxion Daily BA Bull 2X Shares has an annualized alpha of -27.48%, beta of 2.14, and R2 of 0.18 versus S&P 500 Index. Calculated based on daily prices since April 24, 2025.
- This ETF participated in 328.51% of S&P 500 Index downside but only 120.61% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.18 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -27.48%
- Beta
- 2.14
- R²
- 0.18
- Upside Capture
- 120.61%
- Downside Capture
- 328.51%
Expense Ratio
BOEU has a high expense ratio of 0.97%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
BOEU ranks 6 for risk / return — in the bottom 6% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Direxion Daily BA Bull 2X Shares (BOEU) and compare them to S&P 500 Index.
| BOEU | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.57 | ||
| Sortino ratioReturn per unit of downside risk | -3.15 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.41 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.45 | 2.93 | -3.38 |
| Martin ratioReturn relative to average drawdown | -0.93 | 13.52 | -14.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Direxion Daily BA Bull 2X Shares provided a 2.17% dividend yield over the last twelve months, with an annual payout of $0.71 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.71 | $0.55 |
Dividend yield | 2.17% | 1.44% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily BA Bull 2X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.16 | ||||||
| 2025 | $0.10 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.32 | $0.55 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily BA Bull 2X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Direxion Daily BA Bull 2X Shares was 46.03%, occurring on Nov 24, 2025. Recovery took 37 trading sessions.
The current Direxion Daily BA Bull 2X Shares drawdown is 35.12%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 bear market2025 | -46.03%Nov 2025 | 3mo 28d | 1mo 27d | 5mo 25dJul 2025 - Jan 2026 |
2026 bear market2026 | -45.67%Mar 2026 | 2mo 3d | — | 4mo 9dJan 2026 - now |
2025 selloff2025 | -17.89%Jun 2025 | 8d | 21d | 29dJun 2025 - Jul 2025 |
2025 selloff2025 | -6.43%May 2025 | 6d | 2d | 8dMay 2025 - May 2025 |
2025 selloff2025 | -4.42%Jun 2025 | 1d | 4d | 5dJun 2025 - Jun 2025 |
Drawdown Indicators
| BOEU | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.03% | -56.78% | +10.75% |
Max Drawdown (1Y)Largest decline over 1 year | -46.03% | -9.10% | -36.93% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -35.12% | -0.74% | -34.38% |
Average DrawdownAverage peak-to-trough decline | -17.01% | -10.72% | -6.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.30% | 1.97% | +20.33% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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