Direxion Daily BA Bull 2X ETF
BOEU
NASDAQ Global Select- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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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
- Apr 23, 2025
- Website
- direxion.com
- Similar Companies
- Business
- Direxion Daily BA Bull 2X Shares (BOEU) is an exchange-traded fund that seeks daily investment results, before fees and expenses, of 200% of the performance of the common shares of The Boeing Company (NYSE: BA); it provides leveraged exposure to Boeing's stock price movements through derivatives such as swaps and options, targeting experienced investors seeking amplified returns or hedging strategies. Managed by Rafferty Asset Management, LLC as part of Direxion Shares ETF Trust, the fund operates with a net expense ratio of 0.97% (gross 0.99%), excluding certain costs like acquired fund fees, and trades on the Nasdaq under the ticker BOEU. Launched on April 23, 2025, it forms part of Direxion's expanded lineup of single-stock leveraged and inverse ETFs, including the companion Direxion Daily BA Bear 1X Shares (BOED), which seeks 100% inverse daily performance of BA. The ETF concentrates on the industrials sector, specifically aerospace and defense through its exclusive focus on Boeing, a manufacturer of commercial jetliners, defense systems, space technologies, and global services; it does not hold diversified assets but uses financial instruments to achieve 2X daily bull leverage relative to BA's performance, resulting in heightened volatility and compounding effects unsuitable for periods longer than one day. Headquartered in New York at 1301 Avenue of the Americas, Direxion Investments, the fund's issuer founded in 1997, offers a broad range of leveraged and inverse ETFs across U.S. and international markets, with operations in the U.S. and Hong Kong. In April 2025, Direxion launched BOEU alongside BOED and two new ETFs targeting Exxon Mobil's daily performance, expanding its single-stock leveraged product suite to provide tactical trading opportunities in volatile equities. The fund paid its inaugural income dividend of $0.09746 per share on July 1, 2025 (ex-date June 24, 2025), with performance since inception reflecting 59.72% NAV return and 60.36% market close return as of July 25, 2025, amid Boeing's stock fluctuations.