# ASMU (Direxion Daily ASML Bull 2X ETF)

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

Three months to Sep 11, 2026: ASMU returned −23.5% where its own daily promise gave −21.6%, 1.9 points short.

## Key facts

- ASMU, what ASML did: −8.7%, as of Sep 11, 2026.
- ASMU, what +2 times a day gives: −21.6%, as of Sep 11, 2026.
- ASMU, what the fund returned: −23.5%, as of Sep 11, 2026.
- ASMU, the fund itself cost: −1.9 pts, as of Sep 11, 2026.
- ASMU, net assets: $7m (source, as filed for Apr 30, 2026).
- ASMU, expense ratio: 0.97% (485BPOS XBRL, Feb 26, 2026).

## ASMU over each window to Sep 11, 2026

| Window | Fund | ASML | +2x the move | Difference | ASML moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −13.5% | −6.2% | −12.3% | −1.1 pts | 32% |
| 3 months | −23.5% | −8.7% | −17.5% | −6.0 pts | 49% |
| 6 months | +33.1% | +26.6% | +53.3% | −20.1 pts | 52% |
| Since launch | +13.9% | +18.7% | +37.4% | −23.5 pts | 50% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of ASML, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.69 times, against +2 stated | ETFIQ |
| Underlying | ASML | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $7m | source, as filed for Apr 30, 2026 |
| Expense ratio | 0.97% | 485BPOS XBRL, Feb 26, 2026 |
| Launched | Feb 11, 2026 | ETFIQ |
| Underlying volatility over the window | 49% annualized | ETFIQ |

## Questions

### Did ASMU return +2 times ASML?

Over the window to Sep 11, 2026, ASML moved −8.7% and ASMU returned −23.5%. 2 times that move is −17.5%, so the fund came out 6.0 points short of it.

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

Because it resets daily. ASMU 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 ASML ETF tracked its stated multiple most closely?

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

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