BOEU

Direxion Daily BA Bull 2X Shares

$31.83

+0.00%

Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The Direxion Daily BA Bull 2X Shares ETF (BOEU) seeks to provide 2x the daily return of the Dow Jones U.S. Aerospace & Defense Index, before fees and expenses.

Overview

ETF tracking Direxion Daily BA Bull 2X Shares

Category Leveraged

Issuer Other

Inception Date 2025-04-23

Market Cap $12.7M

Average Volume N/A

Dividend Yield 0.74%

52-Week Range $28.04 - $50.12

VWAP $32.04

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Direxion Daily BA Bull 2X Shares ETF (BOEU) seeks to provide 2x the daily return of the Dow Jones U.S. Aerospace & Defense Index, before fees and expenses.

🎯 Investment Strategy

The fund uses derivatives and leveraged investment techniques to amplify the daily performance of the underlying index. It does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

Provides 2x the daily return of the Dow Jones U.S. Aerospace & Defense Index
Utilizes derivatives and leveraged investment strategies
Resets daily, so performance may not match 2x the index over longer periods
Very small asset size and limited trading history

⚠️ Primary Risks

Significant daily volatility and potential for losses greater than the index
Leverage risk, as the fund uses derivatives to amplify returns
Compounding effect can lead to returns diverging from the index over time
Lack of trading history and very small asset size increase liquidity risks

👤 Best For

This ETF is designed for experienced, risk-tolerant investors with a very short investment horizon who seek to magnify the daily performance of the aerospace and defense sector. It is not suitable for long-term buy-and-hold investors.