What is Direxion Daily SHOP Bull 2X ETF's dividend yield?▾
Direxion Daily SHOP Bull 2X ETF (SHPU) pays a current trailing twelve-month dividend yield of 46.01%, which works out to $5.99 per share annually based on the most recent payout schedule.
When does Direxion Daily SHOP 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 SHOP Bull 2X ETF invest in?▾
SHPU provides 2x daily leveraged exposure to Shopify Inc. (SHOP), primarily using swaps and options. For liquidity, it may also hold high-quality, short-term debt instruments or money market funds. The fund rebalances daily to maintain its leveraged target. If SHOP moves more than 50% adversely in a day, investors could lose all their money, but the fund seeks to prevent gains or losses over 90% in a single day. Returns over periods longer than one day will differ from 2X the return of Shopify due to compounding and volatility. The Fund does not generally take defensive positions.