MSFU ETF — Direxion Daily MSFT Bull 2X Shares

Direxion Daily MSFT Bull 2X Shares (MSFU)

Updated October 16, 2026.

MSFU is an ETF linked to Microsoft (MSFT). its distribution rate is 2.92%, its trailing-12-month yield is 7.56%, its expense ratio is 0.98%. Dividend Vision Distribution Safety Score™ is 54/100 (Caution). Total return is 94.7% over the past 4.1 years, 17.1 points behind MSFT at 111.8%.

Direxion Daily MSFT Bull 2X Shares is an ETF that seeks daily investment results equal to twice the daily performance of Microsoft stock through swap agreements with financial institutions. The fund carries a modest distribution rate and distributes quarterly, with an expense ratio of 0.98%; it is leveraged and non-diversified, making it designed for tactical, short-term trading rather than buy-and-hold investing. This ETF may appeal to active traders seeking amplified exposure to Microsoft's daily price movements, though the leverage and daily rebalancing approach introduce significant complexity and risk unsuitable for most long-term income investors.

MSFU performance versus MSFT

Price and return data through 2026-10-16.

Total return is 94.7% over the past 4.1 years, 17.1 points behind MSFT at 111.8%. Over the past year its total return — price change plus distributions reinvested — is -11.1%. Its deepest 1-year drawdown was 62.3%.

MSFU key facts

Distribution Safety Score™

54 · Caution

Safety-Adjusted Yield

1.58%

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

09/06/2022

Expense ratio

0.98%

Distribution rate

2.92%

Distribution frequency

Quarterly

Trailing yield

7.56%

Last close

$41.56 (as of 2026-10-16)

AUM

$543,850,723

Average volume

2412584.0

Dividend

$0.303

Ex-dividend date

09/22/2026

Payment date

09/29/2026

Beta

2.38

How Dividend Vision calculates yield and returns

Distribution rate (2.92%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (7.56%) 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 or company page; Index: Microsoft (MSFT); 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.

MSFU risks and drawbacks

MSFU'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 MSFT over the available window. The deepest 1-year drawdown on record here is 62.3%.

Who may consider MSFU — and who may not

MSFU may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (MSFU pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching MSFT total return. This is educational context, not a recommendation to buy or sell.

More on MSFU

• All tickers starting with M

Tagged: Leverage, Single, Technology.

Frequently asked questions

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