BRKU

Direxion Daily BRKB Bull 2X Shares

$26.05

+0.00%

Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The Direxion Daily BRKB Bull 2X Shares (BRKU) seeks to provide 2x the daily return of the Class B shares of Berkshire Hathaway Inc. (BRKB).

Overview

ETF tracking Direxion Daily BRKB Bull 2X Shares

Category Leveraged

Issuer Other

Inception Date 2024-12-11

Market Cap $76.2M

Average Volume N/A

Dividend Yield 1.52%

52-Week Range $22.14 - $32.34

VWAP $26.24

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Direxion Daily BRKB Bull 2X Shares (BRKU) seeks to provide 2x the daily return of the Class B shares of Berkshire Hathaway Inc. (BRKB).

🎯 Investment Strategy

BRKU is a leveraged ETF that uses derivatives and other financial instruments to amplify the daily performance of the BRKB stock. 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 Berkshire Hathaway Class B shares
Utilizes leverage and derivatives to achieve its objective
Resets exposure daily, not designed for long-term holding
Very low assets under management and expense ratio

⚠️ Primary Risks

Significant daily volatility and potential for large losses
Leverage risk - amplifies both gains and losses
Compounding effect can lead to returns that do not match the underlying asset over longer periods
Lack of performance history and low trading volume

👤 Best For

BRKU is a highly speculative investment product intended for experienced, risk-tolerant traders who understand the risks of leveraged ETFs and are able to monitor their positions frequently. It is not suitable for long-term, buy-and-hold investors.