# AMZU (Direxion Daily AMZN Bull 2X ETF)

Direxion · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: AMZU returned +8.3% where its own daily promise gave +11.2%, 2.8 points short.

## Key facts

- AMZU, what AMZN did: +7.6%, as of Sep 11, 2026.
- AMZU, what +2 times a day gives: +11.2%, as of Sep 11, 2026.
- AMZU, what the fund returned: +8.3%, as of Sep 11, 2026.
- AMZU, the fund itself cost: −2.8 pts, as of Sep 11, 2026.
- AMZU, net assets: $428m (source, as filed for Apr 30, 2026).
- AMZU, expense ratio: 0.99% (485BPOS XBRL, Feb 26, 2026).

## AMZU over each window to Sep 11, 2026

| Window | Fund | AMZN | +2x the move | Difference | AMZN moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −9.0% | −3.9% | −7.9% | −1.1 pts | 25% |
| 3 months | +8.3% | +7.6% | +15.3% | −7.0 pts | 44% |
| 6 months | +36.2% | +23.6% | +47.3% | −11.1 pts | 37% |
| 1 year | +0.1% | +11.7% | +23.3% | −23.2 pts | 34% |
| 3 years | +62.7% | +81.8% | +163.6% | −100.9 pts | 32% |
| Since launch | +63.9% | +98.3% | +196.6% | −132.7 pts | 34% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of AMZN, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.09 times, against +2 stated | ETFIQ |
| Underlying | AMZN | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $428m | source, as filed for Apr 30, 2026 |
| Expense ratio | 0.99% | 485BPOS XBRL, Feb 26, 2026 |
| Launched | Sep 7, 2022 | ETFIQ |
| Underlying volatility over the window | 44% annualized | ETFIQ |

## Questions

### Did AMZU return +2 times AMZN?

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.

### Why does AMZU not return +2 times over a year?

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.

### Which +2x AMZN ETF tracked its stated multiple most closely?

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.


## Cite this page

ETFIQ, AMZU, data as of Sep 11, 2026. https://etfiq.com/funds/AMZU
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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