NFXL
Direxion Daily NFLX Bull 2X Shares·NASDAQ
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Key Stats
Assets Under Management
159.72MUSD
Fund Flows (1Y)
169.75MUSD
Dividend Yield
10.54%
Discount/Premium to NAV
-0.23%
Shares Outstanding
6.90M
Expense Ratio
1.06%
About Direxion Daily NFLX Bull 2X Shares
Issuer
Rafferty Asset Management, LLC
Brand
Direxion
Inception Date
Oct 3, 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
ALPS Distributors, Inc.
NFXL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of Netflix 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 prior to 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
Communication Services
Niche
Movies & Entertainment
Strategy
Vanilla
Geography
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Weighting Scheme
Single Asset
Selection Criteria
Single asset
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -21.48% | -48.44% | -22.13% | -49.25% | +1.53% | +1.53% |
NAV Total Return | -20.66% | -50.01% | -24.93% | -50.11% | -6.12% | -6.12% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Communication Services
100.00%
Communication Services
100.00%
Asset
Region
100%
Category
Ratio
North America
100.00%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
NETFLIX INC SWAP
55.58%
GOLDMAN FINL SQ TRSRY INST 506
43.44%
DREYFUS GOVT CASH MAN INS
28.29%
DREYFUS TRSRY SECURITIES CASH MGMT
27.18%
NFLX
Netflix
15.56%
GOLDMAN SACHS FIN GOV 465 INSTITUT
13.31%
Top 10 Weight 183.36%
6 Total Holdings
Is SPY better than NFXL?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-23 | 2025-12-23 | 2025-12-31 | 0.170 |
| 2025-12-10 | 2025-12-10 | 2025-12-17 | 1.360 |
| 2025-09-23 | 2025-09-23 | 2025-09-30 | 0.356 |
| 2025-06-24 | 2025-06-24 | 2025-07-01 | 0.352 |
| 2025-03-25 | 2025-03-25 | 2025-04-01 | 0.203 |
| 2024-12-23 | 2024-12-23 | 2024-12-31 | 0.159 |
| 2024-12-12 | 2024-12-12 | 2024-12-19 | 0.060 |
How Much Does NFXL Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy NFXL?
Fund Flows
