ELIL

Direxion Shares ETF Trust Direxion Daily LLY Bull 2X ETF

$22.50

+0.00%

Market closed. Last update: 2:15 AM ET

📎 Investment Objective

The Direxion Daily LLY Bull 2X Shares ETF (ELIL) seeks to provide 2x the daily investment results of the common stock of Eli Lilly and Company (LLY).

Overview

ETF tracking Direxion Shares ETF Trust Direxion Daily LLY Bull 2X ETF

Category Leveraged

Issuer Other

Inception Date 2025-03-26

Market Cap $13.5M

Average Volume N/A

Dividend Yield 13.72%

52-Week Range $11.54 - $34.27

VWAP $22.95

Performance

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Investment Summary

📎 Investment Objective

The Direxion Daily LLY Bull 2X Shares ETF (ELIL) seeks to provide 2x the daily investment results of the common stock of Eli Lilly and Company (LLY).

🎯 Investment Strategy

The fund uses swap agreements and other derivatives to provide leveraged exposure to the performance of LLY. It does not actually invest directly in the underlying stock.

✨ Key Features

Provides 2x the daily performance of Eli Lilly and Company stock
Utilizes derivatives and leverage to amplify returns
Resets exposure daily, so longer-term performance may differ from 2x the underlying
Very small asset size and new fund with limited track record

⚠️ Primary Risks

Significant leverage risk, which can magnify losses
Potential for divergence from 2x the daily return of the underlying stock
Counterparty risk related to the swap agreements and other derivatives
Lack of diversification as a single-stock leveraged fund

👤 Best For

This ETF is intended for experienced, risk-tolerant investors who understand the risks of leveraged funds and are seeking short-term, speculative exposure to Eli Lilly's stock performance. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.