Direxion Daily Technology Top 5 Bull 2X ETF
TTXU
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
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.- Similar Companies
- Business
- Direxion Shares ETF Trust (Direxion Daily Technology Top 5 Bull 2X ETF - TTXU) is a leveraged exchange-traded fund that seeks daily investment results, before fees and expenses, of 200% of the performance of the S&P 500 Information Technology (Sector) Top 5 Equal Capped Index. The fund provides amplified exposure to the top five securities within the S&P 500 Information Technology Sector Index, including U.S.-listed companies such as Apple Inc., Broadcom Inc., Microsoft Corp., NVIDIA Corp., and Oracle Corp., each capped at equal weightings of 20%; sector allocations emphasize semiconductors and semiconductor equipment (40%), software (40%), and technology hardware, storage, and peripherals (20%). It employs derivatives including swaps and futures to achieve its leveraged objectives and is designed for sophisticated investors monitoring positions daily, given the effects of compounding and volatility over periods longer than one day. The Direxion Daily Technology Top 5 Bull 2X ETF launched on October 1, 2025, as part of Direxion's new Titans Leveraged & Inverse ETFs suite, which also includes the inverse counterpart Direxion Daily Technology Top 5 Bear 2X ETF (TTXD) and the Direxion Daily Semiconductors Top 5 Bull 2X ETF (TSXU). This strategic expansion targets active traders seeking precise, dual-sided 2X exposure to leading companies in key U.S. sectors like technology and semiconductors. The funds maintain a net expense ratio of 0.97% under an operating expense limitation agreement through September 1, 2026, with Rafferty Asset Management, LLC serving as adviser. Direxion Shares ETF Trust operates within the investment management industry, focusing on leveraged and inverse ETFs for tactical trading strategies; shares are listed on U.S. exchanges, held in book-entry form, and primarily created or redeemed in-kind through creation units of 20,000 to 100,000 shares. The trust, headquartered at 1301 Avenue of the Americas, 28th Floor, New York, NY, is managed under the Direxion brand, a provider of such specialized ETFs since its inception in the broader trust structure. Target customers include experienced institutional and retail traders pursuing short-term, conviction-based positions in the U.S. equity markets.