Direxion Daily S&P 500 Bull 2X SharesSPUU
SPUU
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
28% more funds holding
Funds holding: 18 [Q3] → 23 (+5) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
2.36% less ownership
Funds ownership: 58.38% [Q3] → 56.02% (-2.36%) [Q4]
6% less capital invested
Capital invested by funds: $90.6M [Q3] → $85.4M (-$5.14M) [Q4]
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Research analyst outlook
We haven’t received any recent analyst ratings for SPUU.
Financial journalist opinion
Neutral
MarketBeat
1 month ago
2 S&P 500 ETFs for Growth and Leverage in a Hot Market
To put it mildly, it's been a very good couple of years for the S&P. Following a tepid 2022, the banner S&P 500 index has accelerated growth from 2023 into 2024.
Negative
Seeking Alpha
2 months ago
SPUU Ongoing Decay And Leveraged ETFs Monthly Watchlist
Direxion Daily S&P 500® Bull 2X Shares ETF magnifies returns in uptrends, but suffers from drift due to beta-slippage. Drift analysis reveals that leveraged ETFs in high-volatility industries experience significant decay, while steady trends can result in positive drift. SPUU has been profitable since inception, but shows concerning long-term performance and high draw-downs, making it suitable only for seasoned investors.
Positive
Seeking Alpha
5 months ago
SPUU: Volatility With Results And Strong Momentum Can Be Opportunities
The S&P 500 is highly concentrated in its top 10 companies, with five releasing results this week, boosting confidence. The put/call ratio of 1.43x, below the historical average, indicates strong market confidence, supporting a short-term investment strategy. Despite the risks of leveraged ETFs, the potential for a 24% target appreciation makes this an attractive opportunity for daring investors.
Negative
Seeking Alpha
8 months ago
SPUU Is Still In Negative Drift Mode: August Leveraged ETFs Dashboard
Leveraged ETFs have an unpredictable, path-dependent drift. This article series reports a monthly drift dashboard with 22 of them. Leveraged ETFs in semiconductors show the largest decay in July.
Positive
InvestorPlace
10 months ago
3 Leveraged ETFs That Aggressive Investors Should Be Buying Now
If you're interested in private equity, there might be a cheaper solution through these three leveraged ETFs to buy. What does that have to do with private equity?
Negative
Seeking Alpha
11 months ago
SPUU Erosion Is Advancing: May Drift Dashboard
Leveraged ETFs have a path-dependent drift: here is a dashboard with 22 of them. Leveraged ETFs in semiconductors, biotechnology and silver show the largest drifts. The Direxion Daily S&P 500® Bull 2X Shares ETF has suffered from decay recently, and its drift has deteriorated recently.
Positive
Zacks Investment Research
1 year ago
Leveraged ETFs to Ride on S&P's New 5,200 Milestone
The S&P 500 Index closed above 5,200 for the first time ever, following the Fed's signal to cut interest rates. This will mark the end of the most aggressive Fed hiking cycle and fuel corporate profits.
Positive
Seeking Alpha
1 year ago
January FOMC Meeting Review: The 'Fed-Amental' Attribution Error
The Federal Reserve kept rates steady and maintained a hawkish stance toward inflation while acknowledging an outstanding economy and progress in vanquishing inflationary pressure. Expectations for rate cuts in March were dampened by a change in statement language and Powell's comments in the press conference.
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