- ISIN
- US25459Y1652
- CUSIP
- 25459Y165
- Issuer
- Direxion
- Inception Date
- May 28, 2014
- Region
- North America (U.S.)
- Category
- Leveraged Equities, S&P 500
- Leveraged
- 2x
- Index Tracked
- S&P 500 Index (200%)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $241M
Share Price Chart
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Performance
SPUU Performance Chart
Direxion Daily S&P 500 Bull 2x Shares (SPUU) is up 21.4% since the beginning of the year. SPUU is currently trading at $223 per share. Investors who bought $1,000 worth of SPUU shares 5 years ago would now be looking at an investment worth $2,582.
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Returns By Period
Direxion Daily S&P 500 Bull 2x Shares (SPUU) has returned 21.37% so far this year and 57.39% over the past 12 months. Looking at the last ten years, SPUU has achieved an annualized return of 24.93%, outperforming the S&P 500 Index benchmark, which averaged 13.75% per year.
Direxion Daily S&P 500 Bull 2x Shares
- 1D
- 0.09%
- 1M
- 10.49%
- YTD
- 21.37%
- 6M
- 21.39%
- 1Y
- 57.39%
- 3Y*
- 38.80%
- 5Y*
- 20.89%
- 10Y*
- 24.93%
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
SPUU Monthly Returns History
Based on dividend-adjusted daily data since Jun 6, 2014, SPUU's average daily return is +0.10%, while the average monthly return is +2.05%. At this rate, an investment would double in approximately 2.8 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +25.6%, while the worst month was Mar 2020 at -29.5%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 3 months.
On a daily basis, SPUU closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +18.7%, while the worst single day was Mar 16, 2020 at -22.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.37% | -2.15% | -10.17% | 21.40% | 10.35% | 0.68% | 21.37% | ||||||
| 2025 | 4.42% | -2.82% | -11.72% | -3.89% | 12.19% | 10.05% | 4.09% | 3.34% | 6.96% | 4.27% | -0.30% | -0.44% | 26.55% |
| 2024 | 2.88% | 9.65% | 6.10% | -8.27% | 9.23% | 6.81% | 1.46% | 3.86% | 3.61% | -2.36% | 11.88% | -5.58% | 44.25% |
| 2023 | 12.25% | -5.55% | 6.68% | 2.60% | 0.39% | 12.71% | 6.07% | -3.76% | -10.11% | -4.85% | 18.18% | 8.70% | 47.28% |
| 2022 | -10.61% | -6.33% | 7.61% | -17.88% | -0.49% | -16.51% | 18.61% | -8.58% | -18.36% | 15.82% | 10.16% | -11.75% | -38.72% |
| 2021 | -1.55% | 5.03% | 8.38% | 10.53% | 1.28% | 4.62% | 4.50% | 6.06% | -9.44% | 14.33% | -1.72% | 8.95% | 61.27% |
Benchmark Metrics
Direxion Daily S&P 500 Bull 2x Shares has an annualized alpha of 0.80%, beta of 1.95, and R2 of 0.97 versus S&P 500 Index. Calculated based on daily prices since June 09, 2014.
- This ETF captured 241.24% of S&P 500 Index gains and 170.78% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- Beta of 1.95 means this ETF moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.
- Alpha
- 0.80%
- Beta
- 1.95
- R²
- 0.97
- Upside Capture
- 241.24%
- Downside Capture
- 170.78%
Expense Ratio
SPUU has an expense ratio of 0.64%, placing it in the medium range.
Return for Risk
Risk / Return Rank
SPUU ranks 67 for risk / return — better than 67% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Direxion Daily S&P 500 Bull 2x Shares (SPUU) and compare them to S&P 500 Index.
| SPUU | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.42 | 2.39 | +0.03 |
Sortino ratioReturn per unit of downside risk | 3.03 | 3.25 | -0.22 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.43 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 3.17 | 3.11 | +0.06 |
Martin ratioReturn relative to average drawdown | 13.98 | 14.38 | -0.40 |
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 S&P 500 Bull 2x Shares provided a 1.32% dividend yield over the last twelve months, with an annual payout of $2.95 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.95 | $3.00 | $0.82 | $0.85 | $0.62 | $3.54 | $5.98 | $1.19 | $2.23 | $3.45 | $3.00 | $1.46 |
Dividend yield | 1.32% | 1.63% | 0.55% | 0.83% | 0.88% | 3.04% | 8.03% | 1.80% | 5.50% | 6.96% | 8.08% | 4.42% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily S&P 500 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 | $0.32 | $0.00 | $0.00 | $0.00 | $0.32 | ||||||
| 2025 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $2.01 | $3.00 |
| 2024 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.82 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.31 | $0.85 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.62 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.21 | $3.54 |
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 S&P 500 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 S&P 500 Bull 2x Shares was 59.35%, occurring on Mar 23, 2020. Recovery took 114 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -59.35%Mar 2020 | 1mo 2d | 5mo 13d | 6mo 15dFeb 2020 - Sep 2020 |
Bear market2022 | -46.59%Oct 2022 | 9mo 16d | 1y 4mo | 2y 1moDec 2021 - Feb 2024 |
Rate-hike selloffLate 2018 | -36.10%Dec 2018 | 3mo 1d | 5mo 28d | 8mo 29dSep 2018 - Jun 2019 |
2025 selloff2025 | -35.18%Apr 2025 | 1mo 17d | 2mo 26d | 4mo 13dFeb 2025 - Jul 2025 |
2016 bear market2016 | -26.52%Feb 2016 | 8mo 25d | 5mo 1d | 1y 1moMay 2015 - Jul 2016 |
Drawdown Indicators
| SPUU | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.35% | -56.78% | -2.57% |
Max Drawdown (1Y)Largest decline over 1 year | -18.19% | -9.10% | -9.09% |
Max Drawdown (3Y)Largest decline over 3 years | -35.18% | -18.90% | -16.28% |
Max Drawdown (5Y)Largest decline over 5 years | -46.59% | -25.43% | -21.16% |
Max Drawdown (10Y)Largest decline over 10 years | -59.35% | -33.92% | -25.43% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -9.51% | -10.72% | +1.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.12% | 1.97% | +2.15% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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