BRKU
Direxion Daily BRKB Bull 2X Shares·NASDAQ
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Key Stats
Assets Under Management
62.84MUSD
Fund Flows (1Y)
61.51MUSD
Dividend Yield
2.47%
Discount/Premium to NAV
-0.08%
Shares Outstanding
2.60M
Expense Ratio
0.97%
About Direxion Daily BRKB Bull 2X Shares
Issuer
Rafferty Asset Management, LLC
Brand
Direxion
Inception Date
Dec 11, 2024
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Rafferty Asset Management LLC
Distributor
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BRKU is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of Berkshire Hathaway (BRKB) stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research before initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.
Classification
Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Multi-Sector Holdings
Strategy
Vanilla
Geography
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Weighting Scheme
Single Asset
Selection Criteria
Single asset
Analysis
Sector
Financial Services
100.00%
Financial Services
100.00%
Asset
Holdings
Symbol
Ratio
BRK/B BULL / BEAR SWAP
127.42%
DREYFUS TRSRY SECURITIES CASH MGMT
44.25%
BRK/B BULL / BEAR SWAP-1
37.36%
DREYFUS GOVT CASH MAN INS
20.43%
BRK.B
Berkshire Hathaway B
17.55%
BRK/B BULL / BEAR SWAP-2
15.48%
Symbol
Ratio
GOLDMAN SACHS FIN GOV 465 INSTITUT
11.15%
GOLDMAN FINL SQ TRSRY INST 506
6.24%
BRK/B BULL / BEAR SWAP-3
2.19%
Top 10 Weight 282.07%
9 Total Holdings
See all holdings
Related Funds
Seasonals
Volume Profile
Trade Flow Insight
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