Direxion Daily ORCL Bull 2X ETF
ORCU
NASDAQ Global Market- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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.- 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
- Nov 19, 2025
- Website
- direxion.com
- Similar Companies
- Business
- Direxion Daily ORCL Bull 2X ETF (ORCU) is an exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of the common stock of Oracle Corporation (NYSE: ORCL); the fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of ORCL, and ETFs that track ORCL, providing leveraged exposure for short-term traders. Launched on November 19, 2025, ORCU operates within the leveraged and inverse single-stock ETF segment of the exchange-traded products industry, targeting sophisticated investors seeking amplified daily returns from individual equity movements; it lists on the Nasdaq exchange with approximately 350,000 shares outstanding and total net assets around $4.1 million as of recent trading data. Headquartered through its sponsor Direxion Shares ETF Trust in Rye Brook, New York, the fund emphasizes high-volatility strategies where longer holding periods amplify compounding effects due to leverage. In November 2025, Direxion launched ORCU alongside its complementary inverse counterpart, Direxion Daily ORCL Bear 1X ETF (ORCS), as part of a broader suite of four new single-stock leveraged products also including those tied to Coinbase (COIN) and Robinhood (HOOD), underscoring the firm's aggressive expansion into AI infrastructure and crypto-related trading tools. This launch aligns with Direxion's ongoing strategy of rapid product innovation, evidenced by prior 2025 introductions such as ETFs for Ford, Cisco, Qualcomm, Boeing, Exxon Mobil, and AMD, alongside a September 2024 distribution partnership with SS&C ALPS Distributors to enhance FINRA compliance and fund reach. No major acquisitions, funding rounds, or reorganizations specific to ORCU have been reported since inception, though Direxion maintains approximately $48.6 billion in total assets under management across its leveraged ETF portfolio as of late 2024.