{
 "ticker": "XOMX",
 "name": "Direxion Daily XOM Bull 2X ETF",
 "issuer": "Direxion",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/XOMX",
 "html": "https://etfiq.com/funds/XOMX",
 "markdown": "https://etfiq.com/funds/XOMX.md",
 "as_of": "2026-09-11",
 "verdict": "Three months to Sep 11, 2026: XOMX returned +24.7% where its own daily promise gave +27.1%, 2.4 points short.",
 "key_facts": [
  {
   "key": "what_xom_did",
   "label": "What XOM did",
   "value": "+13.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "XOMX, what XOM did: +13.6%, as of Sep 11, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What +2 times a day gives",
   "value": "+27.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "XOMX, what +2 times a day gives: +27.1%, as of Sep 11, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+24.7%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "XOMX, what the fund returned: +24.7%, as of Sep 11, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22122.4 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "XOMX, the fund itself cost: \u22122.4 pts, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$8m",
   "source": "source, as filed for Apr 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "XOMX, net assets: $8m (source, as filed for Apr 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.07%",
   "source": "485BPOS XBRL, Feb 26, 2026",
   "as_of": "2026-09-11",
   "sentence": "XOMX, expense ratio: 1.07% (485BPOS XBRL, Feb 26, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of XOM, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+1.81 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "XOM",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$8m",
   "source": "source, as filed for Apr 30, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.07%",
   "source": "485BPOS XBRL, Feb 26, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Apr 23, 2025",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "26% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+8.1%",
   "XOM": "+4.6%",
   "+2x the move": "+9.1%",
   "Difference": "\u22121.0 pts",
   "XOM moved about": "22%"
  },
  {
   "window": "3 months",
   "Fund": "+24.7%",
   "XOM": "+13.6%",
   "+2x the move": "+27.3%",
   "Difference": "\u22122.5 pts",
   "XOM moved about": "26%"
  },
  {
   "window": "6 months",
   "Fund": "+5.9%",
   "XOM": "+7.7%",
   "+2x the move": "+15.4%",
   "Difference": "\u22129.5 pts",
   "XOM moved about": "28%"
  },
  {
   "window": "1 year",
   "Fund": "+97.0%",
   "XOM": "+52.3%",
   "+2x the move": "+104.5%",
   "Difference": "\u22127.6 pts",
   "XOM moved about": "26%"
  },
  {
   "window": "Since launch",
   "Fund": "+110.1%",
   "XOM": "+62.0%",
   "+2x the move": "+124.0%",
   "Difference": "\u221213.9 pts",
   "XOM moved about": "24%"
  }
 ],
 "questions": [
  {
   "q": "Did XOMX return +2 times XOM?",
   "a": "Over the window to Sep 11, 2026, XOM moved +13.6% and XOMX returned +24.7%. 2 times that move is +27.3%, so the fund came out 2.5 points short of it."
  },
  {
   "q": "Why does XOMX not return +2 times over a year?",
   "a": "Because it resets daily. XOMX 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."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}