# Direxion Daily Magnificent 7 Bull 2X ETF (QQQU) — Overview

QQQU · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/qqqu

## Price

Last close $63.93 on Oct 15, 2026. 52-week range $38.86 – $66.75.

## Fund profile

QQQU tracks 2x the daily price movements of an equal-weighted index of the seven largest NASDAQ-listed companies.

| Metric | Value |
| --- | --- |
| Issuer | Rafferty Asset Management, LLC |
| Industry | Theme |
| Inception | Mar 7, 2024 |
| Assets under management | $78.3M |
| Expense ratio | 0.98% |
| Net asset value | $63.94 (as of Oct 14, 2026) |
| Distributions | Quarterly |
| Leverage | 2x |

## Frequently Asked Questions

### What is Direxion Daily Magnificent 7 Bull 2X ETF (QQQU)?

QQQU tracks 2x the daily price movements of an equal-weighted index of the seven largest NASDAQ-listed companies.

### What is QQQU's expense ratio?

Direxion Daily Magnificent 7 Bull 2X ETF charges an annual expense ratio of 0.98%. The fund is issued by Rafferty Asset Management, LLC.

### How large is QQQU?

Direxion Daily Magnificent 7 Bull 2X ETF manages $78.3M in assets and has traded since Mar 7, 2024.

### How do I buy shares of Direxion Daily Magnificent 7 Bull 2X ETF (QQQU)?

QQQU trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).