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ISIN
US25459Y1652
CUSIP
25459Y165
Issuer
Direxion
Inception Date
May 28, 2014
Region
North America (U.S.)
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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S&P 500 Index

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.37%-2.15%-10.17%21.40%10.35%0.68%21.37%
20254.42%-2.82%-11.72%-3.89%12.19%10.05%4.09%3.34%6.96%4.27%-0.30%-0.44%26.55%
20242.88%9.65%6.10%-8.27%9.23%6.81%1.46%3.86%3.61%-2.36%11.88%-5.58%44.25%
202312.25%-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
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.


SPUU Risk / Return Rank: 6767
Overall Rank
SPUU Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
SPUU Sortino Ratio Rank: 6464
Sortino Ratio Rank
SPUU Omega Ratio Rank: 6464
Omega Ratio Rank
SPUU Calmar Ratio Rank: 6262
Calmar Ratio Rank
SPUU Martin Ratio Rank: 7373
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 S&P 500 Bull 2x Shares (SPUU) and compare them to S&P 500 Index.


SPUUBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.42

2.39

+0.03

Sortino ratio

Return per unit of downside risk

3.03

3.25

-0.22

Omega ratio

Gain probability vs. loss probability

1.40

1.43

-0.03

Calmar ratio

Return relative to maximum drawdown

3.17

3.11

+0.06

Martin ratio

Return relative to average drawdown

13.98

14.38

-0.40

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.


0.00%2.00%4.00%6.00%8.00%$0.00$1.00$2.00$3.00$4.00$5.00$6.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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 2d5mo 13d
6mo 15dFeb 2020 - Sep 2020
Bear market2022
-46.59%Oct 2022
9mo 16d1y 4mo
2y 1moDec 2021 - Feb 2024
Rate-hike selloffLate 2018
-36.10%Dec 2018
3mo 1d5mo 28d
8mo 29dSep 2018 - Jun 2019
2025 selloff2025
-35.18%Apr 2025
1mo 17d2mo 26d
4mo 13dFeb 2025 - Jul 2025
2016 bear market2016
-26.52%Feb 2016
8mo 25d5mo 1d
1y 1moMay 2015 - Jul 2016

Drawdown Indicators


SPUUBenchmarkDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-9.51%

-10.72%

+1.21%

Ulcer Index

Depth 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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Portfolio Analyzer

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