Symbols

URAA

Direxion Daily Uranium Industry Bull 2X Shares·ARCA

--(--)

Key Stats

Assets Under Management

38.59MUSD

Fund Flows (1Y)

37.36MUSD

Dividend Yield

8.54%

Discount/Premium to NAV

-0.83%

Shares Outstanding

1.23M

Expense Ratio

1.28%

About Direxion Daily Uranium Industry Bull 2X Shares

Issuer

Rafferty Asset Management, LLC

Brand

Direxion

Home Page

https://www.direxion.com/product/daily-uranium-industry-bull-2x-etf

Inception Date

Jun 26, 2024

Structure

Open-Ended Fund

Index Tracked

Solactive United States Uranium and Nuclear Energy ETF Select Index

Management Style

Passive

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

Foreside Fund Services LLC

URAA aims to deliver 2x the daily returns of its underlying index, which is comprised of the components of URA ETF and URNM ETF, which are US-listed stocks of global uranium and nuclear energy related companies. These companies are those primarily engaged in uranium mining, exploration for uranium, technologies related to the uranium industry and the production of nuclear components, devote at least 50% of their assets to mining, exploration, development, production, and holding of uranium. The index is rebalanced quarterly. As a levered product, URAA is not a buy-and-hold investment and should not be expected to provide index leverage returns greater than a one-day period.