AAPU ETF — Direxion Daily AAPL Bull 2X Shares

Direxion Daily AAPL Bull 2X Shares (AAPU)

Updated October 16, 2026.

AAPU is an ETF linked to Apple (AAPL). its distribution rate is 1.62%, its trailing-12-month yield is 6.29%, its expense ratio is 0.96%. Dividend Vision Distribution Safety Score™ is 63/100 (Generally safe). Total return is 146.6% over the past 4.2 years, 34.3 points ahead of AAPL at 112.3%.

Direxion Daily AAPL Bull 2X Shares is an ETF that seeks to deliver twice the daily return of Apple stock through leveraged exposure using swap agreements and options. The fund carries a modest current distribution rate and makes quarterly distributions; it has an expense ratio of 0.96%. This fund is designed for traders or tactical investors seeking amplified short-term exposure to Apple's price movements, not for buy-and-hold income investors, as leverage magnifies both gains and losses and daily rebalancing can cause performance to diverge significantly from twice the underlying stock's return over longer periods.

AAPU performance versus AAPL

Price and return data through 2026-10-16.

Total return is 146.6% over the past 4.2 years, 34.3 points ahead of AAPL at 112.3%. Over the past year its total return — price change plus distributions reinvested — is 66.8%. Its deepest 1-year drawdown was 28.9%.

AAPU key facts

Distribution Safety Score™

63 · Generally safe

Safety-Adjusted Yield

1.02%

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

08/08/2022

Expense ratio

0.96%

Distribution rate

1.62%

Distribution frequency

Quarterly

Trailing yield

6.29%

Last close

$46.74 (as of 2026-10-16)

AUM

$164,997,319

Average volume

911864.0

Dividend

$0.189

Ex-dividend date

09/22/2026

Payment date

09/29/2026

Beta

1.5

How Dividend Vision calculates yield and returns

Distribution rate (1.62%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (6.29%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Direxion; Index: Apple (AAPL); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AAPU risks and drawbacks

AAPU's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 28.9%.

Who may consider AAPU — and who may not

It is a weaker fit for investors who need monthly cash flow (AAPU pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on AAPU

• All tickers starting with A

Tagged: Leverage.

Frequently asked questions

More securities from Direxion.