MSFU

Direxion Shares ETF Trust Direxion Daily MSFT Bull 2X Shares

$49.69
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Direxion Daily MSFT Bull 2X Shares (MSFU) seeks to provide 2x the daily return of the Microsoft Corporation (MSFT) stock.

Overview

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

Category Leveraged
Issuer Other
Inception Date 2022-09-07
Market Cap $186.3M
Average Volume N/A
Dividend Yield 5.17%
52-Week Range $26.65 - $56.94
VWAP $48.72

Performance

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Investment Summary

📎 Investment Objective

The Direxion Daily MSFT Bull 2X Shares (MSFU) seeks to provide 2x the daily return of the Microsoft Corporation (MSFT) stock.

🎯 Investment Strategy

MSFU is a leveraged ETF that uses derivatives and other financial instruments to amplify the daily performance of the underlying MSFT stock. The fund does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

  • Provides 2x the daily return of Microsoft Corporation stock
  • Utilizes leverage and derivatives to amplify performance
  • Resets exposure daily, not suitable for long-term holding
  • Very low assets under management and expense ratio

⚠️ Primary Risks

  • Significant daily volatility and potential for large losses
  • Leverage magnifies both gains and losses
  • Tracking error and compounding effects can lead to divergence from 2x target over time
  • Lack of liquidity and trading volume in the fund

👤 Best For

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