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FNGG — Direxion Daily Select Large Caps & FANGs Bull 2X Shares

Direxion Daily Select Large Caps & FANGs Bull 2X Shares (FNGG)

FNGG pays a 1.02% distribution rate, quarterly, on a 0.97% expense ratio. Its Distribution Safety Score™ is 72 (Generally safe), giving a Safety-Adjusted Yield of 0.73%. Distributions fell 107.8% over the past year. Total return is 23.6% over the past 4.9 years, 69.3 points behind SPY at 92.9%. Its deepest 1-year drawdown was 43.0%.

Direxion Daily Select Large Caps & FANGs Bull 2X Shares is an ETF that provides two times daily leveraged exposure to an equal-dollar weighted index of ten highly-traded growth stocks in technology and tech-enabled companies, using swap agreements, index securities, and tracking ETFs to achieve its objective. The fund carries a modest current distribution rate with quarterly distributions and has an expense ratio of 0.97%. This leveraged equity fund appeals to tactical traders and growth-oriented investors seeking amplified daily exposure to large-cap technology stocks, though the leverage structure introduces correspondingly higher volatility and risk.

FNGG key facts

Distribution Safety Score™
72 · Generally safe
Safety-Adjusted Yield
0.73%
Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
09/29/2021
Expense ratio
0.97%
Distribution rate
1.02%
Distribution frequency
Quarterly
Trailing yield
9.22%
Last close
$264.72
AUM
$137,853,886
Average volume
1336.0
Last dividend
$0.6740
Ex-dividend date
06/23/2026
Payment date
06/30/2026
Beta
3.01
P/E ratio
31.1742