# AMZU (Direxion Daily AMZN Bull 2X ETF)

Direxion · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: AMZU returned −0.2% where its own daily promise gave +2.5%, 2.7 points short.

## Key facts

- AMZU, what AMZN did: +3.1%, as of Sep 30, 2026.
- AMZU, what 2 times a day gives: +2.5%, as of Sep 30, 2026.
- AMZU, what the fund returned: −0.2%, as of Sep 30, 2026.
- AMZU, the fund itself cost: −2.7 pts, as of Sep 30, 2026.
- AMZU, net assets: $341m (issuer page, as of Sep 30, 2026).
- AMZU, expense ratio: 0.99% (485BPOS XBRL, Feb 26, 2026).

## AMZU over each window to Sep 30, 2026

| Window | Fund | AMZN | +2x the move | Difference | AMZN moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −9.3% | −4.1% | −8.2% | −1.1 pts | 21% |
| 3 months | −0.2% | +3.1% | +6.2% | −6.3 pts | 41% |
| 6 months | +25.1% | +18.3% | +36.6% | −11.5 pts | 36% |
| 1 year | +3.4% | +13.5% | +26.9% | −23.5 pts | 34% |
| 3 years | +79.2% | +96.0% | +192.0% | −112.8 pts | 32% |
| Since launch | +53.1% | +92.4% | +184.8% | −131.7 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 | AMZN moved +3.1% over this window, too little to read a multiple from | ETFIQ |
| Underlying | AMZN | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $341m | issuer page, as of Sep 30, 2026 |
| Expense ratio | 0.99% | 485BPOS XBRL, Feb 26, 2026 |
| Launched | Sep 7, 2022 | ETFIQ |
| Underlying volatility over the window | 41% annualized | ETFIQ |

## Questions

### Did AMZU return +2 times AMZN?

Over the window to Sep 30, 2026, AMZN moved +3.1% and AMZU returned −0.2%. 2 times that move is +6.2%, so the fund came out 6.3 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 figure itself.


## Cite this page

ETFIQ, AMZU, data as of Sep 30, 2026. https://etfiq.com/funds/amzu
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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