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Direxion Daily Crypto Industry Bull 2X Shares ETF ...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
25461A593
Issuer
Direxion
Inception Date
Jul 17, 2024
Region
North America (U.S.)
Leveraged
2x
Index Tracked
Solactive Distributed Ledger & Decentralized Payment Tech Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Direxion Daily Crypto Industry Bull 2X Shares ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Direxion Daily Crypto Industry Bull 2X Shares ETF (LMBO) has returned -24.37% so far this year and 43.06% over the past 12 months.


Direxion Daily Crypto Industry Bull 2X Shares ETF

1D
1.61%
1M
-9.04%
YTD
-24.37%
6M
-57.56%
1Y
43.06%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
0.11%
1M
-2.33%
YTD
-3.84%
6M
-1.98%
1Y
29.73%
3Y*
16.86%
5Y*
10.37%
10Y*
12.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jul 17, 2024, LMBO's average daily return is +0.07%, while the average monthly return is +0.47%. At this rate, your investment would double in approximately 12.3 years.

Historically, 59% of months were positive and 41% were negative. The best month was Nov 2024 with a return of +39.1%, while the worst month was Nov 2025 at -31.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 2 months.

On a daily basis, LMBO closed higher 51% of trading days. The best single day was Apr 9, 2025 with a return of +28.5%, while the worst single day was Feb 5, 2026 at -16.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.52%-19.63%-10.18%0.25%-24.37%
202516.19%-24.06%-28.29%4.57%23.95%34.64%6.15%8.23%25.99%17.35%-31.65%-24.71%-3.47%
2024-13.57%-4.53%4.01%5.82%39.14%-23.87%-3.79%

Benchmark Metrics

Direxion Daily Crypto Industry Bull 2X Shares ETF has an annualized alpha of -22.84%, beta of 3.83, and R² of 0.57 versus S&P 500 Index. Calculated based on daily prices since July 18, 2024.

  • This ETF captured 511.84% of S&P 500 Index gains and 389.29% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • This ETF had an annualized alpha of -22.84% versus S&P 500 Index — delivering less than market exposure alone would predict.
  • Beta of 3.83 means this ETF moves significantly more than S&P 500 Index — expect amplified gains in rallies and amplified losses in downturns.

Alpha
-22.84%
Beta
3.83
0.57
Upside Capture
511.84%
Downside Capture
389.29%

Expense Ratio

LMBO has a high expense ratio of 0.98%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

LMBO ranks 17 for risk / return — in the bottom 17% 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.


LMBO Risk / Return Rank: 1717
Overall Rank
LMBO Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
LMBO Sortino Ratio Rank: 2424
Sortino Ratio Rank
LMBO Omega Ratio Rank: 2121
Omega Ratio Rank
LMBO Calmar Ratio Rank: 1313
Calmar Ratio Rank
LMBO Martin Ratio Rank: 1212
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Direxion Daily Crypto Industry Bull 2X Shares ETF (LMBO) and compare them to a chosen benchmark (S&P 500 Index).


LMBOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.08

0.88

-0.80

Sortino ratio

Return per unit of downside risk

0.78

1.37

-0.59

Omega ratio

Gain probability vs. loss probability

1.09

1.21

-0.11

Calmar ratio

Return relative to maximum drawdown

0.17

1.39

-1.22

Martin ratio

Return relative to average drawdown

0.35

6.43

-6.08

Explore LMBO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Direxion Daily Crypto Industry Bull 2X Shares ETF provided a 6.05% dividend yield over the last twelve months, with an annual payout of $0.97 per share.


0.00%1.00%2.00%3.00%4.00%5.00%$0.00$0.20$0.40$0.60$0.80$1.0020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$0.97$1.00$0.05

Dividend yield

6.05%4.71%0.24%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Daily Crypto Industry Bull 2X Shares ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.01$0.00$0.01
2025$0.00$0.00$0.04$0.00$0.00$0.02$0.00$0.00$0.00$0.00$0.00$0.94$1.00
2024$0.05$0.00$0.00$0.00$0.05

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 Crypto Industry Bull 2X Shares ETF. 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 Crypto Industry Bull 2X Shares ETF was 67.62%, occurring on Mar 30, 2026. The portfolio has not yet recovered.

The current Direxion Daily Crypto Industry Bull 2X Shares ETF drawdown is 63.61%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-67.62%Oct 16, 2025113Mar 30, 2026
-65.11%Nov 12, 2024100Apr 8, 2025108Sep 12, 2025208
-34%Jul 18, 202415Aug 7, 202451Oct 18, 202466
-14.47%Oct 29, 20245Nov 4, 20242Nov 6, 20247
-8.89%Oct 10, 20251Oct 10, 20252Oct 14, 20253

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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