Direxion Daily ADBE Bull 2X ETF
ADBU
New York Stock Exchange Arca24.15
USD
-1.21
- -
ISIN
US25461H6229
CUSIP
25461H622
Return %
Stock
S&P500
1Y
-2.05
18.99
3Y
-2.05
64.75
5Y
-2.05
71.84
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 1301 Avenue of the Americas, 28th Floor New York City NY United States of America 10019
- IPO Date
- Mar 25, 2026
- Website
- direxion.com
- Similar Companies
- Business
- Direxion Daily ADBE Bull 2X ETF (Ticker: ADBU) is a leveraged exchange‑traded fund issued by Direxion Shares ETF Trust that seeks daily investment results, before fees and expenses, of 200% of the performance of the common shares of Adobe Inc. (ticker: ADBE). The fund is structured as a passively managed, single‑stock, leveraged equity ETF that provides investors with synthetic exposure to the price return of Adobe Inc. common stock via an unfunded swap or similar derivative overlay, rather than direct ownership of the underlying equity. The ETF’s primary product is a listed share class traded on U.S. exchanges, designed to deliver amplified upside participation in Adobe Inc.’s daily price movements, with a distributing dividend policy that passes income to shareholders on a periodic basis. The fund’s core services include offering leveraged single‑stock exposure within the broader equity‑ETF ecosystem, targeting active and sophisticated investors seeking short‑term, directional bets on Adobe Inc.; it is marketed as a high‑risk, high‑volatility instrument suitable for day‑trading or short‑duration tactical allocation rather than long‑term buy‑and‑hold strategies. Product features include a targeted 2x daily leverage factor, an expense ratio of 0.99% and a net expense ratio of 0.97%, daily rebalancing to maintain the 200% exposure target, and an intraday indicative value (ADBU.IV) used by market participants to approximate the fund’s net asset value. The ETF operates exclusively in the United States, with its shares listed on U.S. national exchanges and assets under management of approximately €2.1 million as of late March 2026, reflecting its nascent status within Direxion’s single‑stock leveraged‑ETF lineup. Direxion Daily ADBE Bull 2X ETF is part of the Direxion Shares ETF Trust family, which is sponsored and managed by Direxion, a U.S.‑based provider of leveraged and inverse ETFs headquartered in the United States and founded in 1997; the ADBU fund itself was launched on March 25, 2026, marking Direxion’s expansion into single‑stock, 2x‑leveraged ETFs alongside its broader suite of sector‑ and index‑based leveraged products. Among the latest major changes, Direxion introduced ADBU as a new single‑stock leveraged ETF within the past year, providing a 2x bull product specifically tied to Adobe Inc. and broadening its lineup of high‑beta, technology‑oriented ETFs; the fund’s launch represents a strategic shift to deepen Direxion’s presence in single‑stock and technology‑leveraged strategies, complementing existing leveraged‑equity and sector‑specific offerings such as 2x and 3x funds on other large‑cap technology names and indices. The fund’s structure incorporates an indirect replication method via derivatives, continuous daily rebalancing of leverage, and a focus on short‑term, high‑volatility exposure, distinguishing it from traditional, non‑leveraged, long‑only equity ETFs and underscoring Direxion’s emphasis on sophisticated, short‑duration trading tools for institutional and retail investors in the U.S. market.
Direxion Launches 2X ETFs for ADBU, PYPU, TXN, & UNH