LOFF ETF — Direxion Daily SpaceX Bull 2X ETF
Direxion Daily SpaceX Bull 2X ETF (LOFF)
LOFF is an ETF linked to SpaceX (SPCX). As of September 3, 2026, its distribution rate is 3.45%, its trailing-12-month yield is 0.06%, its expense ratio is 0.97%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Total return is -51.2% over the past 0.2 years, 29.0 points behind SPCX at -22.2%.
At the current 3.45% distribution rate, a $10,000 investment would generate approximately $345 per year, or $28.75 per month on an equivalent basis.
The Direxion Daily SpaceX Bull 2X ETF invests, under normal circumstances, at least 80% of its net assets in shares of SpaceX and in financial instruments such as swap agreements and options that, in combination, are designed to provide 2X daily leveraged exposure to SpaceX. The fund is non-diversified.
LOFF dividend yield and income
Data as of September 3, 2026.
The distribution rate (3.45%) is the latest posted forward yield. Trailing-12-month yield (0.06%) is the last year of payments divided by the current price. The last dividend was $0.01. The last ex-dividend date was 06/23/2026. It was paid on 06/30/2026. At 3.45%, $10,000 would generate about $345 a year ($28.75 monthly-equivalent).
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-06-23 | $0.01 | — |
| 2026 YTD total (partial launch year) | $0.01 | — |
LOFF dividend growth
| Window | Change |
|---|---|
| 3Y | 0.0% |
| 5Y | 0.0% |
LOFF holdings and sector exposure
Holdings are not available for this snapshot.
Economic / reference exposure: SPCX (physical holdings below may be collateral and options, not the reference asset itself).
LOFF performance versus SPCX
Data as of September 3, 2026.
Total return is -51.2% over the past 0.2 years, 29.0 points behind SPCX at -22.2%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (0.2 years) | -51.2% | — |
LOFF key facts
Data as of September 3, 2026.
- Distribution Safety Score™
- 50 · Caution
- Issuer
- Direxion
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 06/15/2026
- Expense ratio
- 0.97%
- Distribution rate
- 3.45%
- Trailing yield
- 0.06%
- Last close
- $16.98
- AUM
- $36,133,226
- Average volume
- 3831049.0
- Last dividend
- $0.01
- Last ex-dividend date
- 06/23/2026
- Last payment date
- 06/30/2026
How Dividend Vision calculates yield and returns
Distribution rate (3.45%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.06%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. 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. Figures below use Dividend Vision data as of September 3, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of September 3, 2026.
Primary sources: Direxion; Index: SpaceX (SPCX); 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.
LOFF risks and drawbacks
LOFF's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPCX over the available window.
Who may consider LOFF — and who may not
LOFF may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPCX total return. This is educational context, not a recommendation to buy or sell.
Compare LOFF
LOFF vs similar funds:
Frequently asked questions
What is LOFF linked to?
LOFF is linked to SpaceX (SPCX), not a broad market index.
What is LOFF's expense ratio?
LOFF's expense ratio is 0.97%.
What is LOFF's dividend yield?
LOFF currently yields 3.45%, with a 0.97% expense ratio.
When does LOFF pay a dividend?
The last dividend was $0.01. The last ex-dividend date was 06/23/2026. It was paid on 06/30/2026.
How has LOFF performed?
Total return is -51.2% over the past 0.2 years, 29.0 points behind SPCX at -22.2%.
Is LOFF a good investment?
LOFF's Dividend Vision Distribution Safety Score is 50 (Caution). That is a risk signal, not investment advice. It currently yields 3.45%. Compare peers below rather than treating any single figure as a buy or sell.
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