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LMTL ETF — Direxion Daily LMT Bull 2X ETF
Direxion Daily LMT Bull 2X ETF (LMTL)
Updated October 16, 2026.
Verdict as of October 16, 2026
LMTL's distribution is rated unproven by the Dividend Vision Distribution Safety Score™ (50/100, medium confidence). It pays quarterly and its distribution rate is 3.23%. The latest total cash payment per current share, $0.273 with an ex-date of September 22, 2026, was 19.7% higher than the previous $0.228. These payments are unclassified; this does not establish a base-dividend change.
Sources: Direxion, Section 19a-1 notices, scoring methodology.
LMTL is an ETF linked to Lockheed Martin (LMT). its distribution rate is 3.23%, its trailing-12-month yield is 4.51%, its expense ratio is 1.07%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 38.5% over the past 1.2 years, 7.3 points ahead of LMT at 31.2%.
Direxion Daily LMT Bull 2X ETF is a leveraged ETF that seeks to deliver twice the daily performance of Lockheed Martin stock through a combination of LMT securities, swaps, and options; it is non-diversified and carries a 1.07% expense ratio. The fund distributes quarterly at a modest current distribution rate. This ETF appeals to tactical traders seeking short-term leveraged equity exposure rather than long-term buy-and-hold investors, as the 2X daily leverage resets each day and can produce returns that diverge significantly from twice the longer-term performance of the underlying stock.
LMTL dividend yield and income
Price as of 2026-10-16.
The distribution rate (3.23%) uses calculation basis unavailable. Trailing-12-month yield (4.51%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.273. The ex-dividend date is 09/22/2026. The payment date is 09/29/2026.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-09-22 | $0.273 | 19.7% Unclassified cash |
| 2026-06-23 | $0.228 | 32.6% Unclassified cash |
| 2026-03-24 | $0.172 | N/A |
| 2025-12-23 | $0.204 | N/A |
| 2025-12-10 | $0.649 | 524.0% Unclassified cash |
| 2025-09-23 | $0.104 | — |
| 2025 total (partial launch year) | $0.957 | — |
| 2026 YTD total | $0.673 | — |
LMTL holdings and sector exposure
Holdings are not available for this snapshot.
Economic / reference exposure: LMT (physical holdings below may be collateral and options, not the reference asset itself).
LMTL performance versus LMT
Price and return data through 2026-10-16.
Total return is 38.5% over the past 1.2 years, 7.3 points ahead of LMT at 31.2%. Its deepest 1-year drawdown was 50.1%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | 3.8% | — |
| 3M | 10.9% | — |
| 6M | -23.6% | — |
| YTD | 14.8% | — |
| 1Y | 9.0% | — |
| Since inception (1.2 years) | 38.5% | 31.40% |
LMTL key facts
- Distribution Safety Score™
- 50 · Unproven
- Issuer
- Direxion
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 08/05/2025
- Expense ratio
- 1.07%
- Distribution rate
- 3.23%
- Distribution frequency
- Quarterly
- Trailing yield
- 4.51%
- Last close
- $33.84 (as of 2026-10-16)
- AUM
- $5,092,373
- Average volume
- 36497.0
- Dividend
- $0.273
- Ex-dividend date
- 09/22/2026
- Payment date
- 09/29/2026
How Dividend Vision calculates yield and returns
Distribution rate (3.23%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.51%) 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: Lockheed Martin (LMT); 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.
LMTL risks and drawbacks
LMTL'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 50.1%.
Who may consider LMTL — and who may not
LMTL may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (LMTL pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.
More on LMTL
Frequently asked questions
Does LMTL pay monthly?
No. LMTL currently pays quarterly, not monthly.
What is LMTL linked to?
LMTL is linked to Lockheed Martin (LMT), not a broad market index.
What is LMTL's expense ratio?
LMTL's expense ratio is 1.07%.
What is LMTL's dividend yield?
LMTL's distribution rate is 3.23%, paid quarterly, with a 1.07% expense ratio — calculation basis unavailable.
When does LMTL pay a dividend?
LMTL pays quarterly. The dividend amount is $0.273. The ex-dividend date is 09/22/2026. The payment date is 09/29/2026.
How has LMTL performed?
Total return is 38.5% over the past 1.2 years, 7.3 points ahead of LMT at 31.2%. Its deepest 1-year drawdown was 50.1%.
Is LMTL a good investment?
LMTL's Dividend Vision Distribution Safety Score is 50 (Unproven). That is a risk signal, not investment advice. Its distribution rate is 3.23% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.
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Holdings as-of date unavailable.
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