Direxion Daily AMD Bull 2X ETF
AMUU
NASDAQ Global Select- -
USD
- -
- -
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 NY United States of America 10019
- IPO Date
- Apr 3, 2025
- Website
- direxion.com
- Similar Companies
- Business
- Direxion Daily AMD Bull 2X Shares (AMUU) is an exchange-traded fund that seeks daily investment results, before fees and expenses, of 200% of the daily performance of the common shares of Advanced Micro Devices, Inc. (AMD). The fund provides leveraged exposure to AMD's stock price through swap agreements, futures contracts, and other financial instruments managed by Rafferty Asset Management, LLC; it does not invest directly in AMD shares. AMUU primarily serves sophisticated investors seeking amplified short-term returns tied to semiconductor industry performance, with operations listed on U.S. exchanges and available to investors globally through major brokerages. The fund's core offerings include daily leveraged bullish positions on AMD, reset each trading day to target 2x the underlying stock's return; options-based strategies for enhanced leverage; and rebalancing mechanisms to maintain exposure amid volatility. It targets retail and institutional traders focused on technology and chipmaker sectors, operating exclusively in the U.S. market since its inception under Direxion's leveraged ETF platform, headquartered in Rye Brook, New York. In recent developments, Direxion expanded its single-stock leveraged ETF lineup in 2023 to include AMUU amid surging demand for tech-focused products, coinciding with AMD's AI chip advancements; the fund saw increased assets under management following AMD's partnerships with Microsoft and Oracle for data center GPUs in 2024-2025. No major acquisitions or name changes have occurred, but Direxion announced strategic enhancements to its leveraged ETF suite in late 2025, improving liquidity and reducing tracking error through optimized derivatives. These changes position AMUU for sustained growth amid AMD's market share gains in high-performance computing.