# ASMU (Direxion Daily ASML Bull 2X ETF)

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

Three months to Sep 30, 2026: ASMU returned −10.1% where its own daily promise gave −7.3%, 2.8 points short.

## Key facts

- ASMU, what ASML did: −1.6%, as of Sep 30, 2026.
- ASMU, what 2 times a day gives: −7.3%, as of Sep 30, 2026.
- ASMU, what the fund returned: −10.1%, as of Sep 30, 2026.
- ASMU, the fund itself cost: −2.8 pts, as of Sep 30, 2026.
- ASMU, net assets: $11m (issuer page, as of Sep 30, 2026).
- ASMU, expense ratio: 0.97% (485BPOS XBRL, Feb 26, 2026).

## ASMU over each window to Sep 30, 2026

| Window | Fund | ASML | +2x the move | Difference | ASML moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +11.5% | +6.8% | +13.6% | −2.1 pts | 41% |
| 3 months | −10.1% | −1.6% | −3.1% | −7.0 pts | 42% |
| 6 months | +48.7% | +33.7% | +67.4% | −18.7 pts | 51% |
| Since launch | +27.4% | +26.6% | +53.3% | −25.9 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 | ASML moved −1.6% over this window, too little to read a multiple from | ETFIQ |
| Underlying | ASML | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $11m | issuer page, as of Sep 30, 2026 |
| Expense ratio | 0.97% | 485BPOS XBRL, Feb 26, 2026 |
| Launched | Feb 11, 2026 | ETFIQ |
| Underlying volatility over the window | 42% annualized | ETFIQ |

## Questions

### Did ASMU return +2 times ASML?

Over the window to Sep 30, 2026, ASML moved −1.6% and ASMU returned −10.1%. 2 times that move is −3.1%, so the fund came out 7.0 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 figure itself.


## Cite this page

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

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