Direxion Daily AMZN Bull 2X ETF

Frequently Asked Questions About AMZU

What does AMZU invest in?

The Direxion Daily AMZN Bull 2X ETF and the Direxion Daily AMZN Bear 1X ETF are designed to achieve distinct daily investment returns, calculated before any fees or operating expenses. The Bull 2X ETF aims to deliver daily results equivalent to two times (200%) the performance of Amazon.com, Inc. (NASDAQ: AMZN) common stock. Conversely, the Bear 1X ETF seeks to generate daily returns that mirror the inverse (or opposite) performance of AMZN's shares.

What is the expense ratio of AMZU?

Direxion Daily AMZN Bull 2X ETF (AMZU) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations.

Is AMZU a good long-term hold?

AMZU is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does AMZU's daily reset work?

AMZU rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is AMZU?

Direxion Daily AMZN Bull 2X ETF (AMZU) manages $309.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is AMZU actively managed or an index fund?

AMZU's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.