# ELIL (Direxion Daily LLY Bull 2X ETF)

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

Three months to Sep 30, 2026: ELIL returned −9.3% where its own daily promise gave −7.5%, 1.8 points short.

## Key facts

- ELIL, what LLY did: −2.8%, as of Sep 30, 2026.
- ELIL, what 2 times a day gives: −7.5%, as of Sep 30, 2026.
- ELIL, what the fund returned: −9.3%, as of Sep 30, 2026.
- ELIL, the fund itself cost: −1.8 pts, as of Sep 30, 2026.
- ELIL, net assets: $17m (issuer page, as of Sep 30, 2026).
- ELIL, expense ratio: 1.07% (485BPOS XBRL, Feb 26, 2026).

## ELIL over each window to Sep 30, 2026

| Window | Fund | LLY | +2x the move | Difference | LLY moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −0.9% | 0.0% | +0.1% | −1.0 pts | 18% |
| 3 months | −9.3% | −2.8% | −5.5% | −3.8 pts | 30% |
| 6 months | +34.2% | +21.6% | +43.2% | −9.1 pts | 34% |
| 1 year | +88.8% | +52.6% | +105.2% | −16.4 pts | 35% |
| Since launch | +35.2% | +41.4% | +82.8% | −47.7 pts | 40% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of LLY, reset daily | ETFIQ |
| Multiple a holder actually got over the window | LLY moved −2.8% over this window, too little to read a multiple from | ETFIQ |
| Underlying | LLY | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $17m | issuer page, as of Sep 30, 2026 |
| Expense ratio | 1.07% | 485BPOS XBRL, Feb 26, 2026 |
| Launched | Mar 26, 2025 | ETFIQ |
| Underlying volatility over the window | 30% annualized | ETFIQ |

## Questions

### Did ELIL return +2 times LLY?

Over the window to Sep 30, 2026, LLY moved −2.8% and ELIL returned −9.3%. 2 times that move is −5.5%, so the fund came out 3.8 points short of it.

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

Because it resets daily. ELIL 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 LLY ETF tracked its stated multiple most closely?

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

HTML: https://etfiq.com/funds/elil  ·  JSON: https://etfiq.com/funds/elil.json