Direxion Daily S&P 500 Bull 2x Shares (SPUU) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SPUU. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPUU
SPUU charges 0.64% annually. There are 2 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 28.74M | Mar 2026 | SPUU vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | SPUU vs IFED | |
| Leverage Shares 2X Long ARM Daily ETF | 0.75% | 75.08M | Jan 2025 | SPUU vs ARMG | |
| Leverage Shares 2X Long TSM Daily ETF | 0.75% | 23.74M | Jan 2025 | SPUU vs TSMG | |
| Leverage Shares 2X Long BMNR Daily ETF | 0.75% | 24.83M | Oct 2025 | SPUU vs BMNG |
Best Risk-Adjusted Alternatives to SPUU
SPUU has a PortfoliosLab risk / return rank of 68. There are 40 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 3.44B | Oct 2024 | SPUU vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | SPUU vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | SPUU vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | SPUU vs XTAP | |
| Direxion Daily South Korea Bull 3X Shares | 98 | 1.73B | Apr 2013 | SPUU vs KORU |
Top Performing SPUU Alternatives (YTD)
SPUU is at 21.37% YTD. There are 126 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 929.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 929.51% | 3.44B | Oct 2024 | SPUU vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 907.48% | 1.11B | Nov 2024 | SPUU vs MULL | |
| Leverage Shares 2X Long ARM Daily ETF | 888.42% | 75.08M | Jan 2025 | SPUU vs ARMG | |
| GraniteShares 2x Long DELL Daily ETF | 816.87% | 101.08M | Feb 2025 | SPUU vs DLLL | |
| GraniteShares 2x Long MRVL Daily ETF | 779.83% | 568.50M | Mar 2025 | SPUU vs MVLL |
Lowest Volatility Alternatives to SPUU
SPUU has 23.87% 1-year volatility. There are 19 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.69%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.69% | 22.62M | Apr 2021 | SPUU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.57% | 19.26M | Apr 2021 | SPUU vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.32M | Jul 2021 | SPUU vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.02% | 22.12M | Jul 2021 | SPUU vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.56% | 68.42M | Apr 2021 | SPUU vs XDSQ |
Lowest Drawdown Alternatives to SPUU
SPUU has a 1-year max drawdown of -18.19%. There are 19 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.42%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.42% | 22.62M | Apr 2021 | SPUU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | SPUU vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | SPUU vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | SPUU vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | SPUU vs XDSQ |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TMF and span 6 categories. AUM among these funds goes as high as $23B.
Often Compared With SPUU
Investors most often compare SPUU with SSO, SPY, VOO. These 19 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare SPUU with Any Fund or Stock
Compare SPUU with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPUU with funds that move differently
Direxion Daily S&P 500 Bull 2x Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPUU.
Explore SPUU Diversifiers