Direxion Daily BABA Bull 2X ETFDirexion Daily BABA Bull 2X ETFDirexion Daily BABA Bull 2X ETF

Direxion Daily BABA Bull 2X ETF

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Key stats


Assets under management (AUM)
‪6.82 M‬USD
Fund flows (1Y)
‪4.07 M‬USD
Dividend yield (indicated)
1.41%
Discount/Premium to NAV
−0.1%
Shares outstanding
‪525.00 K‬
Expense ratio
0.97%

Details


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Home page
Inception date
Feb 11, 2026
Structure
Open-Ended Fund
Index tracked
Alibaba Group Holding Limited
Replication method
Synthetic
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
ALPS Distributors, Inc.
ISIN
US25461H6559
CUSIP
25461H655
FIGI
BBG01ZT4CMW4
Identifiers
ISIN US25461H6559
CFI code
CEOJLS
BABU is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of the Alibaba Group Holding Ltd. stock (BABA). Alibaba Group Holding Ltd. engages in providing technology infrastructure and marketing reach. It operates through the following business segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others segments. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research before initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending, and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.

Classification


Asset Class
Equity
Category
Sector
Focus
Consumer discretionary
Niche
Broadline retail
Strategy
Vanilla
Geography
China
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
StocksBonds, Cash & Other
Retail Trade
Cash
Breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy

Frequently asked questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BABU trades at 13.79 USD today, its price has risen 6.24% in the past 24 hours. Track more dynamics on BABU price chart.
BABU net asset value is 13.78 today — it's risen 44.23% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BABU assets under management is ‪6.82 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BABU fund flows account for ‪4.07 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BABU invests in cash. See more details in our Profile section.
BABU expense ratio is 0.97%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, BABU is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, BABU pays dividends to its holders with the dividend yield of 1.41%.
BABU trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BABU shares are issued by Rafferty Asset Management LLC
BABU follows the Alibaba Group Holding Limited. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 11, 2026.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.