What is Direxion Daily Magnificent 7 Bull 2X ETF's dividend yield?▾
Direxion Daily Magnificent 7 Bull 2X ETF (QQQU) pays a current trailing twelve-month dividend yield of 9.42%, which works out to $5.37 per share annually based on the most recent payout schedule.
When does Direxion Daily Magnificent 7 Bull 2X ETF pay distributions?▾
The most recent ex-dividend date was June 23, 2026. The next scheduled dividend payment date is June 30, 2026.
What does Direxion Daily Magnificent 7 Bull 2X ETF invest in?▾
This Direxion exchange-traded fund, known as the Daily Magnificent 7 Bull 2X and Bear 1X ETF, is designed to produce daily investment returns. Its objective, prior to accounting for fees and expenses, is to reflect either twice (200%) the daily performance of the Indxx Magnificent 7 Index, or, conversely, mirror the exact opposite (100% inverse) of that index's daily movement. However, it's important to note that the successful attainment of these stated investment objectives cannot be guaranteed.