Direxion Daily Magnificent 7 Bull 2X ETF (QQQU)
QQQU Price Chart
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QQQU ETF Profile
Key details and information about Direxion Daily Magnificent 7 Bull 2X ETF (QQQU).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
7 Mar 2024
Country
US
Description
This Direxion exchange-traded fund, known as the Daily Magnificent 7 Bull 2X and Bear 1X ETF, is designed to produce daily investment returns. Its objective, prior to accounting for fees and expenses, is to reflect either twice (200%) the daily performance of the Indxx Magnificent 7 Index, or, conversely, mirror the exact opposite (100% inverse) of that index's daily movement. However, it's important to note that the successful attainment of these stated investment objectives cannot be guaranteed.
QQQU ETF Performance
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