QCMU

Direxion Daily QCOM Bull 2X ETF

$28.56

+0.00%

Market closed. Last update: 11:54 AM ET

📎 Investment Objective

The Direxion Daily QCOM Bull 2X ETF (QCMU) seeks to provide 2x the daily return of the Nasdaq-100 Technology Sector Index, which is heavily weighted towards semiconductor stocks like Qualcomm.

Overview

ETF tracking Direxion Daily QCOM Bull 2X ETF

Category Leveraged

Issuer Other

Inception Date 2025-06-25

Market Cap $3.6M

Average Volume N/A

Dividend Yield 0.76%

52-Week Range $21.32 - $33.73

VWAP $28.38

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Direxion Daily QCOM Bull 2X ETF (QCMU) seeks to provide 2x the daily return of the Nasdaq-100 Technology Sector Index, which is heavily weighted towards semiconductor stocks like Qualcomm.

🎯 Investment Strategy

The fund uses derivatives and leveraged instruments 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 Nasdaq-100 Technology Sector Index
Utilizes derivatives and leveraged instruments to achieve its objective
Resets daily, so longer-term performance may differ from the target multiple
Very small fund with no assets under management

⚠️ Primary Risks

Significant daily volatility and potential for large losses
Leverage risk, as the fund uses derivatives to amplify returns
Potential for divergence from the target multiple over longer time periods
Low trading volume and liquidity risks due to small fund size

👤 Best For

This ETF is intended for experienced, risk-tolerant investors with a very short-term investment horizon who are looking to make speculative bets on the performance of the technology sector. It is not suitable for long-term buy-and-hold investors.