SPUU
DIREXION DAILY S&P 500(R) BULL 2X SHARES
$226.51+0.62% today
15623252-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$29M OVER THIS RANGE
The desk’s read
Money keeps arriving — +$22M of net buying over the past month, about 7.5% of the fund's asset base, while the price has returned +22.5% so far this year.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$289Massets under management
—expense ratio
+$22Mnet flow, trailing month
20Kavg daily volume, 30 days
504holdings · US-domiciled
2024listed February 26, 2024
Performance
| 1 week | -0.8% |
| 1 month | +6.7% |
| 3 months | +7.2% |
| 6 months | +24.1% |
| YTD | +22.5% |
| 1 year | — |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | — |
| 1 month | +$22M |
| 3 months | +$33M |
| YTD | −$8M |
| 1 year | +$29M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
Monthly net flows
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
26%realized volatility, 30 days (annualized)
26%realized volatility, 1 year
-18.3%deepest fall from a peak, 1 year
-2.2%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
1calls today
1puts today
1.00put/call ratio
8Kshares traded
The case against SPUU
Due diligence cuts both ways. These funds sit on the same shelf and beat SPUU on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| SPY SPDR S&P 500 ETF Trust | 0.09% | $818.3B | +$2.8B | 2832× the assets · +$2.8B in over the month | Head-to-head |
| IJH iShares Core S&P Mid-Cap ETF | 0.05% | $128.4B | +$547M | 444× the assets · +$547M in over the month | Head-to-head |
| ITOT iShares Core S&P Total U.S. Stock Market ETF | 0.03% | $97.9B | +$245M | 339× the assets · +$245M in over the month | Head-to-head |
| IVW iShares S&P 500 Growth ETF | 0.18% | $77.4B | +$322M | 268× the assets · +$322M in over the month | Head-to-head |
| IVE iShares S&P 500 Value ETF | 0.18% | $50.4B | +$51M | 175× the assets · +$51M in over the month | Head-to-head |