Symbols

SHPU

Direxion Daily SHOP Bull 2X ETF·NASDAQ

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Key Stats

Assets Under Management

8.01MUSD

Fund Flows (1Y)

3.66MUSD

Dividend Yield

21.08%

Discount/Premium to NAV

-0.18%

Shares Outstanding

275.00K

Expense Ratio

0.97%

About Direxion Daily SHOP Bull 2X ETF

Issuer

Rafferty Asset Management, LLC

Brand

Direxion

Home Page

https://www.direxion.com/product/daily-shop-bull-and-bear-leveraged-single-stock-etfs

Inception Date

Aug 6, 2025

Structure

Open-Ended Fund

Index Tracked

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.

SHPU seeks 200% daily leveraged investment results and thus will have an increase of volatility relative to the underlying SHOP performance itself. Longer holding periods, higher volatility of SHOP and leverage increase the impact of compounding on an investor's returns. During periods of higher SHOP volatility, the volatility of SHOP may affect the fund's performance.