(AAPU) Direxion Daily AAPL Bull - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NASDAQ (USA) | Market Cap: 149m USD | Total Return: 90.7% in 12m
TER: 1.04%
Avg Turnover: 39.0M USD
Peers RS (IBD): 53.3
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Direxion Daily AAPL Bull 1.5X Shares (AAPU), traded on NASDAQ, is a non-diversified ETF from Direxion Shares ETF Trust that, under normal circumstances, invests at least 80% of its net assets in Apple Inc. (AAPL) securities and financial instruments like swaps and options to deliver 2X daily leveraged exposure to AAPLs performance, less fees and expenses.[1][3]
This **Trading--Leveraged Equity** ETF, launched in the USA in August 2022, targets single-stock exposure and is designed for daily trading rather than long-term holding due to leverage effects and compounding.[1][3]
Apple Inc., the underlying company, designs, manufactures, and markets smartphones, personal computers, tablets, wearables, accessories, and related services worldwide.[3]
For deeper insights into AAPUs performance metrics, check ValueRay as part of your due diligence.
- Apple Inc. stock performance directly impacts fund value
- Fund leverage amplifies Apple stock price movements
- Investor sentiment towards Apple drives fund inflows/outflows
- Macroeconomic factors influence Apples consumer demand
Over the past week, the price has changed by +2.35%, over one month by -1.87%, over three months by -3.67% and over the past year by +90.68%.
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