{
 "ticker": "AMZU",
 "name": "Direxion Daily AMZN Bull 2X ETF",
 "issuer": "Direxion",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/AMZU",
 "html": "https://etfiq.com/funds/AMZU",
 "markdown": "https://etfiq.com/funds/AMZU.md",
 "as_of": "2026-09-11",
 "verdict": "Three months to Sep 11, 2026: AMZU returned +8.3% where its own daily promise gave +11.2%, 2.8 points short.",
 "key_facts": [
  {
   "key": "what_amzn_did",
   "label": "What AMZN did",
   "value": "+7.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "AMZU, what AMZN did: +7.6%, as of Sep 11, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What +2 times a day gives",
   "value": "+11.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "AMZU, what +2 times a day gives: +11.2%, as of Sep 11, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+8.3%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "AMZU, what the fund returned: +8.3%, as of Sep 11, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22122.8 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "AMZU, the fund itself cost: \u22122.8 pts, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$428m",
   "source": "source, as filed for Apr 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "AMZU, net assets: $428m (source, as filed for Apr 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.99%",
   "source": "485BPOS XBRL, Feb 26, 2026",
   "as_of": "2026-09-11",
   "sentence": "AMZU, expense ratio: 0.99% (485BPOS XBRL, Feb 26, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of AMZN, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+1.09 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "AMZN",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$428m",
   "source": "source, as filed for Apr 30, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.99%",
   "source": "485BPOS XBRL, Feb 26, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Sep 7, 2022",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "44% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u22129.0%",
   "AMZN": "\u22123.9%",
   "+2x the move": "\u22127.9%",
   "Difference": "\u22121.1 pts",
   "AMZN moved about": "25%"
  },
  {
   "window": "3 months",
   "Fund": "+8.3%",
   "AMZN": "+7.6%",
   "+2x the move": "+15.3%",
   "Difference": "\u22127.0 pts",
   "AMZN moved about": "44%"
  },
  {
   "window": "6 months",
   "Fund": "+36.2%",
   "AMZN": "+23.6%",
   "+2x the move": "+47.3%",
   "Difference": "\u221211.1 pts",
   "AMZN moved about": "37%"
  },
  {
   "window": "1 year",
   "Fund": "+0.1%",
   "AMZN": "+11.7%",
   "+2x the move": "+23.3%",
   "Difference": "\u221223.2 pts",
   "AMZN moved about": "34%"
  },
  {
   "window": "3 years",
   "Fund": "+62.7%",
   "AMZN": "+81.8%",
   "+2x the move": "+163.6%",
   "Difference": "\u2212100.9 pts",
   "AMZN moved about": "32%"
  },
  {
   "window": "Since launch",
   "Fund": "+63.9%",
   "AMZN": "+98.3%",
   "+2x the move": "+196.6%",
   "Difference": "\u2212132.7 pts",
   "AMZN moved about": "34%"
  }
 ],
 "questions": [
  {
   "q": "Did AMZU return +2 times AMZN?",
   "a": "Over the window to Sep 11, 2026, AMZN moved +7.6% and AMZU returned +8.3%. 2 times that move is +15.3%, so the fund came out 7.0 points short of it."
  },
  {
   "q": "Why does AMZU not return +2 times over a year?",
   "a": "Because it resets daily. AMZU aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get."
  },
  {
   "q": "Which +2x AMZN ETF tracked its stated multiple most closely?",
   "a": "4 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}