INDL ETF — Direxion Daily MSCI India Bull 2x Shares

Direxion Daily MSCI India Bull 2x Shares (INDL)

Updated October 16, 2026.

INDL is an ETF that tracks the MSCI India. its distribution rate is 0.87%, its trailing-12-month yield is 1.26%, its expense ratio is 1.23%. Dividend Vision Distribution Safety Score™ is 0/100 (High risk). Total return is -70.7% over the past 16.6 years, 858.8 points behind SPY at 788.1%.

Direxion Daily MSCI India Bull 2x Shares is an ETF that seeks to deliver twice the daily performance of the MSCI India index, which tracks large- and mid-cap Indian equities, using leveraged financial instruments including swaps and ETFs. The fund carries a modest distribution rate with quarterly distributions and has an expense ratio of 1.23%. This leveraged ETF appeals primarily to active traders and experienced investors seeking amplified short-term exposure to Indian equity markets, rather than buy-and-hold income investors, as the daily reset mechanics mean returns over longer periods may diverge significantly from two times the index's return.

INDL performance versus SPY

Price and return data through 2026-10-16.

Total return is -70.7% over the past 16.6 years, 858.8 points behind SPY at 788.1%. Over the past year its total return — price change plus distributions reinvested — is -28.3%. Its deepest 1-year drawdown was 37.1%.

INDL key facts

Distribution Safety Score™

0 · High risk

Safety-Adjusted Yield

0.00%

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

03/11/2010

Expense ratio

1.23%

Distribution rate

0.87%

Distribution frequency

Quarterly

Trailing yield

1.26%

Last close

$41.10 (as of 2026-10-16)

AUM

$54,006,517

Average volume

22508.0

Dividend

$0.089

Ex-dividend date

09/22/2026

Payment date

09/29/2026

Beta

0.86

How Dividend Vision calculates yield and returns

Distribution rate (0.87%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.26%) 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: MSCI India; 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.

INDL risks and drawbacks

INDL'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. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 37.1%.

Who may consider INDL — and who may not

It is a weaker fit for investors who need monthly cash flow (INDL pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on INDL

• All tickers starting with I

Tagged: Leverage.

Frequently asked questions

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