- Issuer
- Direxion
- Inception Date
- Feb 10, 2026
- Region
- North America (United States)
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- Marvell Technology, Inc. (MRVL)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $269M
Share Price Chart
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Performance
MRVU Performance Chart
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Returns By Period
Direxion Daily MRVL Bull 2X ETF
- 1D
- -1.99%
- 1M
- 105.26%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
MRVU Monthly Returns History
Based on dividend-adjusted daily data since Feb 11, 2026, MRVU's average daily return is +3.28%, while the average monthly return is +68.34%. At this rate, an investment would double in approximately 0.1 years.
Historically, 80% of months were positive and 20% were negative. The best month was Apr 2026 with a return of +167.6%, while the worst month was Feb 2026 at -0.4%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 1 months.
On a daily basis, MRVU closed higher 61% of trading days. The best single day was Jun 2, 2026 with a return of +65.1%, while the worst single day was Jun 5, 2026 at -33.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.44% | 37.54% | 167.56% | 47.16% | 89.88% | 923.73% |
Benchmark Metrics
Direxion Daily MRVL Bull 2X ETF has an annualized alpha of 97396.85%, beta of 5.91, and R2 of 0.21 versus S&P 500 Index. Calculated based on daily prices since February 11, 2026.
- This ETF captured 256907.68% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -17122.57%) - a profile typical of hedging or uncorrelated assets.
- R2 of 0.21 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
- 97,396.85%
- Beta
- 5.91
- R²
- 0.21
- Upside Capture
- 256,907.68%
- Downside Capture
- -17,122.57%
Expense Ratio
MRVU has a high expense ratio of 0.97%, indicating above-average management fees.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Direxion Daily MRVL Bull 2X ETF (MRVU) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MRVU | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 12.44 | — |
Dividends
Dividend History
Direxion Daily MRVL Bull 2X ETF provided a 0.02% dividend yield over the last twelve months, with an annual payout of $0.05 per share.
| Period | TTM |
|---|---|
| Dividend | $0.05 |
Dividend yield | 0.02% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily MRVL Bull 2X ETF. 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 | $0.05 | $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 MRVL Bull 2X 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 MRVL Bull 2X ETF was 40.38%, occurring on Jun 10, 2026. The portfolio has not yet recovered.
The current Direxion Daily MRVL Bull 2X ETF drawdown is 14.89%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -40.38%Jun 2026 | 5d | — | 18d 2hJun 2026 - now |
2026 bear market2026 | -21.03%Mar 2026 | 4d | 2d | 6dMar 2026 - Apr 2026 |
2026 correction2026 | -15.21%Mar 2026 | 21d | 1d | 22dFeb 2026 - Mar 2026 |
2026 correction2026 | -14.70%May 2026 | 3d | 2d | 5dMay 2026 - May 2026 |
2026 correction2026 | -14.65%Apr 2026 | 4d | 7d | 11dApr 2026 - May 2026 |
Drawdown Indicators
| MRVU | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.38% | -56.78% | +16.40% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
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 | -14.89% | -1.80% | -13.09% |
Average DrawdownAverage peak-to-trough decline | -6.76% | -10.71% | +3.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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