Summary
Direxion Daily Magnificent 7 Bull 2X ETF is an ETF - a fund traded on an exchange like a stock - run by Direxion. Positions inside: 13. The ten largest make up 208% of the fund.
- Yearly costs
- 1.00%
- Fund size
- $78.0M
- Positions
- 13
- Dividend yield
- 8.77%
- Running since
- 2024
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 208% of the fund, so its result rests on a few names.
- 46% of the fund is in one sector (Technology).
- 89% of the fund is in one country (United States).
- Costs of 1.00% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 54% from its high.
- A young fund: it has been running only since 2024.
- A small fund with $78.0M under management; small funds get closed more often.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +1.6%
- 3 months
- +11%
- This year
- +8.6%
- 1 year
- +6.1%
- Avg. market cap
- $3.46T
- P/E
- 28.3x
- Forward P/E
- 25.9x
- P/S
- 8.4x
- P/B
- 9.3x
- P/FCF
- 55.1x
- EV/EBITDA
- 19.2x
- Dividend yield
- 0.26%
- ROIC
- 24.9%
- ROE
- 56.3%
- Gross margin
- 57.9%
- Operating margin
- 33.3%
- Net margin
- 33.9%
- Payout ratio
- 7.4%
- Net debt/EBITDA
- 0.3x
- Beta
- 3.09
Weighted average of the 7 largest companies, which make up 80% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 IFOTQP SWAP ASSET LEG (IFOTQPMLL) 61%
- 2 IFOTQP SWAP ASSET LEG (IFOTQPBCL) 54%
- 3 MSMicrosoft MSFT 12%
- 4 GOLDMAN FINL SQ TRSRY INST 506 12%
- 5 AAApple AAPL 12%
- 6 MEMeta META 12%
- 7 AMAmazon AMZN 11%
- 8 GOAlphabet GOOGL 11%
- 9 TSTesla TSLA 11%
- 10 NVNvidia NVDA 11%
Positions in the fund: 13. The ten largest make up 208% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 46%
- Communication services 29%
- Consumer cyclical 25%
By country
- United States 89%
- Other countries 11%
By company size
- Mega cap 100%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 80% of the fund.
Largest sector: Technology (46%). Largest country: United States (89%). Largest size group: Mega cap (100%).
What does it cost me?
Expensive- A year from $10,000
- $100
- Over 20 years
- $4,622
From every $10,000 invested the fund takes $100 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,622.
How has it done?
Growing over the long run- Over the last year
- +6.1%
- Deepest drop
- -54%
- Yearly volatility
- 45%
Growth over the last year: 6.1%. Deepest drop in these years: 54% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 8.77%
- Payments a year
- 3
- Last payment
- $0.02
Over the last 12 months it paid $5.37 per share, which is 8.77% of today's price. The last payment was $0.02 on Jun 23, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $2.51M
- Shares a day
- 41K
On an average day about $2.51M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 28.3
- Average Bulios Score
- 72 out of 100
Weight by Bulios Fair Price
- Undervalued 0.0%
- Fairly valued 14%
- Overvalued 86%
On average the companies inside trade for 28.3 times their yearly profit. By Fair Price, 86% of the rated weight comes out as overvalued.
Counted from its largest companies (7), which make up 80% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
TM TMGN ETF Opportunities Trust - Tappalpha Cboe Magnificent 10 Growth & Daily Income ETF | United States | 0.88% | $13.1M | - | Pays out | 71% |
HE HEMI Hartford Equity Premium Income ETF | United States | 0.58% | $37.6M | - | Pays out | 69% |
38 381170.KS MiraeAsset TIGER US Tech Top10 INDXX ETF | South Korea | 0.49% | $2.89B | +7.6% | Reinvests | 66% |
MA MAFANG.BO Mirae Asset NYSE FANG+ ETF | India | 0.66% | $7.93M | +64% | Reinvests | 60% |
MA MAFANG.NS Mirae Asset NYSE FANG+ ETF | India | 0.66% | $7.91M | +63% | Reinvests | 60% |
TE TECH.TO Evolve FANGMA Index ETF | Canada | 0.40% | $114.3M | +5.4% | Pays out | 59% |