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Dividend Vision

NFXL — Direxion Daily NFLX Bull 2X Shares

Direxion Daily NFLX Bull 2X Shares (NFXL)

NFXL pays a 1.86% distribution rate, quarterly, on a 1.05% expense ratio. Its Distribution Safety Score™ is 17 (High risk), giving a Safety-Adjusted Yield of 0.32%. Distributions fell 111.8% over the past year. Total return is -20.6% over the past 1.9 years, 31.2 points behind NFLX at 10.6%. Its deepest 1-year drawdown was 76.8%.

Direxion Daily NFLX Bull 2X Shares is an ETF that seeks to deliver twice the daily performance of Netflix stock through leveraged exposure using swap agreements and options; it is non-diversified and concentrates its assets in NFLX and related financial instruments. The fund carries a modest current distribution rate paid quarterly and has an expense ratio of 1.05%. This ETF appeals to traders and active investors seeking amplified short-term exposure to Netflix price movements, though the daily rebalancing mechanism and leverage make it suitable primarily for tactical positioning rather than long-term buy-and-hold strategies.

NFXL key facts

Distribution Safety Score™
17 · High risk
Safety-Adjusted Yield
0.32%
Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
10/02/2024
Expense ratio
1.05%
Distribution rate
1.86%
Distribution frequency
Quarterly
Trailing yield
11.93%
Last close
$18.11
AUM
$154,303,684
Average volume
1041600.0
Last dividend
$0.0840
Ex-dividend date
06/23/2026
Payment date
06/30/2026
P/E ratio
26.6763