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Direxion Daily Magnificent 7 Bull 2X Shares ETF
QQQU performance and flow charts
Performance
Flows
Historic performance and flows
Data as of May 20, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +11.18% | +20.90% | +7.56% | +70.10% | ||
| Flows | -$12M | -$11M | -$22M | -$31M | - | - |
Characteristics
The Direxion Daily Magnificent 7 Bull 2X Shares ETF is built to track the Indxx Magnificent 7 Index - USD. This ETF provides synthetic exposure - by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap. This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Leveraged |
| Provider | Direxion |
| N° of holdings | |
| Replication method | Indirect |
| Asset class | Equity |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | March 7, 2024 |
| ESG | No |
More data and info about QQQU on Trackinsight
QQQU's exposure
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +47.04% | +40.20% | ||
Max drawdown | -24.02% | -35.84% | ||
Max drawdown duration | 48d | 190d | N/A | N/A |
Time to recover | 16d | 39d | N/A | N/A |
Replication quality
Data as of May 21, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is QQQU?
QQQU is a Passive ETF that provides exposure to Equity assets. It is managed by Direxion.
What index does QQQU track?
QQQU tracks the Indxx Magnificent 7 Index - USD, aiming to replicate its performance through unfunded swap.
What does QQQU invest in?
This ETF provides leveraged exposure (2x) to Equally Weighted Large Cap US Equities. It is part of the segment: Leveraged Equity.
What is the expense ratio of QQQU?
The total expense ratio (TER) of QQQU is 1.47%, representing the annual fee charged by the fund manager.
When was QQQU launched?
QQQU was launched on March 7, 2024, marking its entry into the ETF market.
Who is the issuer of QQQU?
QQQU is issued by Direxion.
What is the AUM of QQQU?
As of May 20, 2026, QQQU manages $99.75 M, reflecting the total assets held in the fund.
How has QQQU performed recently?
As of May 20, 2026, QQQU delivered a return of 11.18% over the past month (1M performance), 20.9% over the past three months (3M), and 7.56% year-to-date (YTD).
What are the recent fund flows for QQQU?
As of May 20, 2026, QQQU has seen net flows of -$12M in the past month (1M flow) and -$22M year-to-date (YTD).
Does QQQU pay dividends?
As of May 20, 2026, QQQU has a trailing 12-month distribution yield of 8.93%.
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