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Dividend Vision

PYPU ETF β€” Direxion Daily PYPL Bull 2X Shares

Direxion Daily PYPL Bull 2X Shares (PYPU)

Updated October 16, 2026.

Verdict as of October 16, 2026

PYPU's distribution is rated unproven by the Dividend Vision Distribution Safety Scoreβ„’ (50/100, low confidence). It pays quarterly and its distribution rate is 3.64%. The latest total cash payment per current share, $0.314 with an ex-date of September 22, 2026, was 88.0% higher than the previous $0.167. These payments are unclassified; this does not establish a base-dividend change.

Sources: Direxion, Section 19a-1 notices, scoring methodology.

PYPU is an ETF linked to PayPal Holdings (PYPL). its distribution rate is 3.64%, its trailing-12-month yield is 1.39%, its expense ratio is 0.97%. Dividend Vision Distribution Safety Scoreβ„’ is 50/100 (Unproven). Total return is 36.8% over the past 0.6 years, 9.6 points ahead of PYPL at 27.2%.

This ETF seeks to deliver two times the daily performance of PayPal Holdings through leveraged exposure using derivatives and financial instruments; it is designed for short-term tactical trading rather than long-term holding. The fund carries a modest expense ratio and a current distribution rate, though distributions are not on a regular scheduleβ€”the most recent payout was special or one-time in nature and may not recur. This security appeals to active traders seeking amplified equity exposure to PayPal on a daily basis, not to buy-and-hold income investors.

PYPU dividend yield and income

Price as of 2026-10-16.

The distribution rate (3.64%) uses calculation basis unavailable. Trailing-12-month yield (1.39%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.314. The ex-dividend date is 09/22/2026. The payment date is 09/29/2026.

2 recorded distributions
Ex-dateAmountChange from previous payment
2026-09-22$0.31488.0%
Unclassified cash
2026-06-23$0.167β€”
2026 YTD total (partial launch year)$0.481β€”

PYPU holdings and sector exposure

Holdings are not available for this snapshot.

Economic / reference exposure: PYPL (physical holdings below may be collateral and options, not the reference asset itself).

PYPU performance versus PYPL

Price and return data through 2026-10-16.

Total return is 36.8% over the past 0.6 years, 9.6 points ahead of PYPL at 27.2%.

WindowTotal returnCAGR
1M13.9%β€”
3M-6.7%β€”
6M12.5%β€”
YTD36.8%β€”
Since inception (0.6 years)36.8%β€”

PYPU key facts

Distribution Safety Scoreβ„’
50 Β· Unproven
Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
03/24/2026
Expense ratio
0.97%
Distribution rate
3.64%
Distribution frequency
Quarterly
Trailing yield
1.39%
Last close
$34.54 (as of 2026-10-16)
AUM
$1,508,686
Average volume
1141.0
Dividend
$0.314
Ex-dividend date
09/22/2026
Payment date
09/29/2026

How Dividend Vision calculates yield and returns

Distribution rate (3.64%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.39%) 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 Β· Distribution rate methodology Β· Distribution Safety Score methodology

Sources and review

Primary sources: Direxion; Index: PayPal Holdings (PYPL); 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.

PYPU risks and drawbacks

PYPU's current distribution rate is moderate, not a high-yield payout β€” the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund.

Who may consider PYPU β€” and who may not

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

More on PYPU

Tagged: Leverage.

Frequently asked questions

Does PYPU pay monthly?

No. PYPU currently pays quarterly, not monthly.

What is PYPU linked to?

PYPU is linked to PayPal Holdings (PYPL), not a broad market index.

What is PYPU's expense ratio?

PYPU's expense ratio is 0.97%.

What is PYPU's dividend yield?

PYPU's distribution rate is 3.64%, paid quarterly, with a 0.97% expense ratio β€” calculation basis unavailable.

When does PYPU pay a dividend?

PYPU pays quarterly. The dividend amount is $0.314. The ex-dividend date is 09/22/2026. The payment date is 09/29/2026.

How has PYPU performed?

Total return is 36.8% over the past 0.6 years, 9.6 points ahead of PYPL at 27.2%.

Is PYPU a good investment?

PYPU's Dividend Vision Distribution Safety Score is 50 (Unproven). That is a risk signal, not investment advice. Its distribution rate is 3.64% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.