PALU ETF — Direxion Daily PANW Bull 2X Shares

Direxion Daily PANW Bull 2X Shares (PALU)

Updated October 16, 2026.

PALU is an ETF linked to Palo Alto Networks (PANW). its distribution rate is 0.96%, its trailing-12-month yield is 4.20%, its expense ratio is 1.08%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 109.9% over the past 1.6 years, 25.0 points ahead of PANW at 84.9%.

Direxion Daily PANW Bull 2X Shares is an ETF that seeks to deliver twice the daily performance of Palo Alto Networks stock through leveraged exposure using derivatives and financial instruments. The fund carries a modest current distribution rate and makes quarterly distributions, with an expense ratio of 1.08%; leverage amplifies both gains and losses, making it suitable for experienced traders seeking short-term tactical positions rather than long-term buy-and-hold investors. This non-diversified fund appeals primarily to those with high risk tolerance seeking magnified equity market exposure.

PALU performance versus PANW

Price and return data through 2026-10-16.

Total return is 109.9% over the past 1.6 years, 25.0 points ahead of PANW at 84.9%. Over the past year its total return — price change plus distributions reinvested — is 96.7%. Its deepest 1-year drawdown was 62.2%.

PALU key facts

Distribution Safety Score™

50 · Unproven

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

03/26/2025

Expense ratio

1.08%

Distribution rate

0.96%

Distribution frequency

Quarterly

Trailing yield

4.20%

Last close

$45.18 (as of 2026-10-16)

AUM

$41,349,782

Average volume

120318.0

Dividend

$0.108

Ex-dividend date

09/22/2026

Payment date

09/29/2026

How Dividend Vision calculates yield and returns

Distribution rate (0.96%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.20%) 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: Palo Alto Networks (PANW); 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.

PALU risks and drawbacks

PALU'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 62.2%.

Who may consider PALU — and who may not

It is a weaker fit for investors who need monthly cash flow (PALU pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on PALU

• All tickers starting with P

Tagged: Leverage.

Frequently asked questions

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