Key stats
About Direxion Daily F Bull 2X ETF
Home page
Inception date
Jul 23, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
ALPS Distributors, Inc.
FRDU provides 2x daily leveraged exposure to Ford Motor Company (F), primarily using swaps and options. For liquidity, it may also hold high-quality, short-term debt instruments or money market funds. The fund rebalances daily to maintain its leveraged target. If Ford moves more than 50% adversely in a day, investors could lose all their money, but the fund seeks to prevent gains or losses over 90% in a single day. Returns over periods longer than one day will differ from 2X the return of Ford due to compounding and volatility. The Fund does not generally take defensive positions.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FRDU assets under management is 2.50 M USD.
No, FRDU doesn't pay dividends to its holders.
FRDU shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Jul 23, 2025, and its management style is Passive.
FRDU expense ratio is 0.97% meaning you'd have to pay 0.97% of your investment to help manage the fund.
FRDU follows the Ford Motor Company - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FRDU trades at a premium (0.18%) meaning the ETF is trading at a higher price than the calculated NAV.