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Dividend Vision

QCMU — Direxion Daily QCOM Bull 2X ETF

Direxion Daily QCOM Bull 2X ETF (QCMU)

QCMU pays a 2.49% distribution rate, quarterly, on a 1.07% expense ratio. Its Distribution Safety Score™ is 5 (High risk). Distributions fell 67.6% over the past year. Total return is -22.2% over the past 1.1 years, 30.8 points behind QCOM at 8.6%. Its deepest 1-year drawdown was 68.7%.

This ETF seeks to deliver twice the daily return of Qualcomm stock through leveraged exposure using swaps, options, and direct holdings, making it a non-diversified, high-risk trading vehicle rather than a long-term investment fund. The fund carries a modest current distribution rate paid quarterly and has an expense ratio of 1.07%, which reflects the costs of maintaining its leveraged strategy. It appeals primarily to experienced traders seeking short-term, amplified equity exposure rather than buy-and-hold income investors, given the compounding effects of daily leverage resets over longer periods.

QCMU key facts

Distribution Safety Score™
5 · High risk
Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
06/24/2025
Expense ratio
1.07%
Distribution rate
2.49%
Distribution frequency
Quarterly
Trailing yield
3.53%
Last close
$18.95
AUM
$22,293,435
Average volume
69109.0
Last dividend
$0.1180
Ex-dividend date
06/23/2026
Payment date
06/30/2026
Beta
3.9077
P/E ratio
20.7418