DV
Dividend Vision

QQQU — Direxion Daily Magnificent 7 Bull 2X Shares

Direxion Daily Magnificent 7 Bull 2X Shares (QQQU)

QQQU pays a 0.16% distribution rate, quarterly, on a 0.98% expense ratio. Its Distribution Safety Score™ is 33 (Elevated risk), giving a Safety-Adjusted Yield of 0.05%. Distributions fell 230.3% over the past year. Total return is 144.2% over the past 2.4 years, 88.8 points ahead of SPY at 55.4%. Its deepest 1-year drawdown was 36.3%.

Direxion Daily Magnificent 7 Bull 2X Shares is an ETF that seeks to deliver twice the daily return of the Magnificent 7 index, which comprises the seven largest NASDAQ-listed companies; it pursues this leveraged exposure through swap agreements, index securities, and related ETFs. The fund carries a modest distribution rate paid quarterly and has an expense ratio of 0.98%, which reflects the cost of maintaining its leveraged structure. This ETF appeals to tactical traders and investors seeking amplified short-term exposure to the largest technology and growth companies, though the daily rebalancing mechanism means returns over longer periods may differ significantly from twice the index's performance.

QQQU key facts

Distribution Safety Score™
33 · Elevated risk
Safety-Adjusted Yield
0.05%
Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
03/06/2024
Expense ratio
0.98%
Distribution rate
0.16%
Distribution frequency
Quarterly
Trailing yield
9.45%
Last close
$56.86
AUM
$75,702,213
Average volume
16700.0
Last dividend
$0.0230
Ex-dividend date
06/23/2026
Payment date
06/30/2026
Beta
2.7871
P/E ratio
27.6504