Direxion Daily Magnificent 7 Bull 2X ETF (QQQU) Research
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.
Market snapshot
- Symbol
- QQQU
- Price
- $53.63
- Day change
- +3.29%
- Market cap
- $71.7M
- 52-week range
- 38.42-66.97
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
Peer companies
- Alger AI Enablers & Adopters ETF (ALAI)
- BNY Mellon Concentrated Growth ETF (BKCG)
- AdvisorShares Dorsey Wright FSM U.S. Core ETF (DWUS)
- Alger Mid Cap 40 ETF (FRTY)
- TCW Compounders ETF (GRW)
- iShares Large Cap Moderate Quarterly Laddered ETF (IVVM)
- ARK Israel Innovative Technology ETF (IZRL)
- Innovator Deepwater Frontier Tech ETF (LOUP)
Open Direxion Daily Magnificent 7 Bull 2X ETF (QQQU) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.