NVDU — Direxion Daily NVDA Bull 2X Shares
Direxion Daily NVDA Bull 2X Shares (ticker: NVDU) is a equity ETF issued by Rafferty Asset Management tracking ACTIVE - No Index. It was launched on 2023-09-13.
About NVDU
The Direxion Daily NVDA Bull 2X Shares (NVDU) is an actively managed leveraged equity ETF. It aims to achieve 200% of the daily performance of NVIDIA Corporation (NVDA) stock.
Investors might consider NVDU to seek amplified daily returns tied to the performance of NVIDIA. This ETF is suitable for investors with a very high-risk tolerance who actively manage their portfolios.
- NVDU provides 2x leveraged exposure to NVIDIA Corporation (NVDA) daily performance.
- The fund is actively managed and does not track a specific index.
- It holds 11 positions, with top holdings including NVIDIA CORP SWAP and DREYFUS GOVT CASH MAN INS.
- The ETF's expense ratio is 0.97%.
- NVDU was incepted on September 13, 2023.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -7.30% |
| 1 Week | 1.08% |
| 1 Month | 14.27% |
| 3 Months | 33.12% |
| 6 Months | 21.08% |
| YTD | 19.29% |
| 1 Year | 75.99% |
| 3 Years | — |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | NVDA UW EQUITY SWAP | NVDAGS | — |
| 2 | NVDA UW EQUITY SWAP | NVDAGS | — |
| 3 | NVDA UW EQUITY SWAP | NVDAGS | — |
| 4 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 5 | NVDA UW EQUITY SWAP | NVDAGS | — |
| 6 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
| 7 | NVDA UW EQUITY SWAP | NVDAGS | — |
| 8 | NVDA UW EQUITY SWAP | NVDAGS | — |
| 9 | NVDA UW EQUITY SWAP | NVDAGS | — |
| 10 | DREYFUS TRSRY SECURITIES CASH MGMT | X9USDDTP3 | — |
Fund Profile
| Issuer | Rafferty Asset Management |
|---|---|
| Brand | Direxion |
| Asset Class | equity |
| Strategy | Vanilla |
| Structure | ETF |
| Category | Leveraged Equities |
| Segment | Leveraged Equity: U.S. Semiconductors |
| Sector | Semiconductors |
| Region | North America |
| Index Tracked | ACTIVE - No Index |
| Inception Date | 2023-09-13 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | NVDU |
|---|---|
| Full Name | Direxion Daily NVDA Bull 2X Shares |
| Issuer | Rafferty Asset Management |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $754.18M |
| Inception | 2023-09-13 |
| Index Tracked | ACTIVE - No Index |
Frequently Asked Questions
What does NVDU track?
NVDU (Direxion Daily NVDA Bull 2X Shares) tracks ACTIVE - No Index, a equity benchmark.
What is the expense ratio of NVDU?
NVDU has an expense ratio of 0.01% per year.
What is the AUM of NVDU?
NVDU has approximately $754.18M in assets under management.
Does NVDU pay a dividend?
NVDU distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues NVDU?
NVDU is issued by Rafferty Asset Management under the Direxion brand, launched on 2023-09-13.
Open the interactive NVDU dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.