Direxion Daily S&P 500 Bull 2X ETF (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 0.60% annually. There are 3 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% | 43.18M | Mar 2026 | SPUU vs NTSD | |
| Corgi BRKB 2x Daily ETF | 0.45% | — | Jul 2026 | SPUU vs BRKL | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.07M | Sep 2021 | SPUU vs IFED | |
| Leverage Shares 2X Long PLUG Daily ETF | 0.75% | — | Jan 2026 | SPUU vs PLUL | |
| Leverage Shares 2X Long ASML Daily ETF | 0.75% | 33.49M | Jan 2025 | SPUU vs ASMG |
Best Risk-Adjusted Alternatives to SPUU
SPUU has a PortfoliosLab risk / return rank of 62. There are 42 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 3.86B | Oct 2024 | SPUU vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 531.06M | Nov 2024 | SPUU vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.69M | Apr 2021 | SPUU vs XTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 282.58M | Feb 2025 | SPUU vs INTW | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.37M | Apr 2021 | SPUU vs QTAP |
Top Performing SPUU Alternatives (YTD)
SPUU is at 24.37% YTD. There are 111 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 845.38%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 845.38% | 101.24M | Feb 2025 | SPUU vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 450.36% | 3.86B | Oct 2024 | SPUU vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 436.01% | 531.06M | Nov 2024 | SPUU vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 347.15% | 63.06M | Nov 2025 | SPUU vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 345.14% | 282.58M | Feb 2025 | SPUU vs INTW |
Lowest Volatility Alternatives to SPUU
SPUU has 26.00% 1-year volatility. There are 25 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.90%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.90% | 22.69M | Apr 2021 | SPUU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.64% | 20.37M | Apr 2021 | SPUU vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.79% | 13.42M | Jul 2021 | SPUU vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.96% | 69.34M | Apr 2021 | SPUU vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 11.92% | 19.11M | Jul 2021 | SPUU vs QTJL |
Lowest Drawdown Alternatives to SPUU
SPUU has a 1-year max drawdown of -18.19%. There are 18 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.69M | Apr 2021 | SPUU vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.81% | 20.37M | Apr 2021 | SPUU vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.42M | Jul 2021 | SPUU vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -8.48% | 19.11M | Jul 2021 | SPUU vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.34M | Apr 2021 | SPUU vs XDSQ |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SOXL, SPXL, TECL and span 9 categories. AUM among these funds goes as high as $20B.
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 ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPUU.
Explore SPUU Diversifiers