Name of ETF: Direxion Daily S&P 500 Bull 2X Shares
Benchmark Index: S&P 500 Index
Ticker Symbol: SPUU
Approximate Number of Stocks in this ETF: 500
Types of Companies Included: Companies in the S&P 500. The S&P 500 is comprised of some of the largest U.S. companies and is one of the most recognizable indices in the world.
Daily Target: 2x
Leveraged ETF: This ETF attempts to produce leveraged daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 2x (200%). This means the ETF is seeking a daily target equal to 200% of the benchmark index.
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