Direxion Daily Magnificent 7 Bull 2X Shares (QQQU)
The ETF aims to provide 2X daily leveraged exposure to the index tracking the seven largest NASDAQ listed companies, primarily investing at least 80% of its net assets in related financial instruments.
ETF Info
25461A650
Mar 6, 2024
2x
The Indxx Magnificent 7 Index (200%)
Large-Cap
Growth
Expense Ratio
QQQU has a high expense ratio of 1.07%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Daily Magnificent 7 Bull 2X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Direxion Daily Magnificent 7 Bull 2X Shares had a return of -36.51% year-to-date (YTD) and 22.14% in the last 12 months.
QQQU
-36.51%
-20.27%
-19.81%
22.14%
N/A
N/A
^GSPC (Benchmark)
-6.06%
-3.27%
-4.87%
9.44%
14.30%
10.11%
Monthly Returns
The table below presents the monthly returns of QQQU, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.31% | -16.53% | -21.00% | -6.80% | -36.51% | ||||||||
| 2024 | 0.60% | -4.92% | 16.06% | 17.87% | -2.24% | -2.85% | 12.67% | -0.85% | 17.71% | 11.29% | 81.85% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of QQQU is 62, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Direxion Daily Magnificent 7 Bull 2X Shares provided a 4.49% dividend yield over the last twelve months, with an annual payout of $1.32 per share.
| Period | TTM | 2024 |
|---|---|---|
| Dividend | $1.32 | $1.28 |
Dividend yield | 4.49% | 2.74% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily Magnificent 7 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.05 | $0.00 | $0.05 | ||||||||
| 2024 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $1.12 | $1.28 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily Magnificent 7 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 Magnificent 7 Bull 2X Shares was 53.70%, occurring on Apr 21, 2025. The portfolio has not yet recovered.
The current Direxion Daily Magnificent 7 Bull 2X Shares drawdown is 44.29%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -53.7% | Dec 18, 2024 | 83 | Apr 21, 2025 | — | — | — |
| -33.84% | Jul 11, 2024 | 20 | Aug 7, 2024 | 65 | Nov 7, 2024 | 85 |
| -17.28% | Apr 12, 2024 | 6 | Apr 19, 2024 | 18 | May 15, 2024 | 24 |
| -7.14% | Nov 12, 2024 | 4 | Nov 15, 2024 | 10 | Dec 2, 2024 | 14 |
| -5.66% | Mar 8, 2024 | 2 | Mar 11, 2024 | 7 | Mar 20, 2024 | 9 |
Volatility
Volatility Chart
The current Direxion Daily Magnificent 7 Bull 2X Shares volatility is 37.83%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.