
Direxion Daily SHOP Bull 2X ETF (SHPU) ETF Ticker
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About Direxion Daily SHOP Bull 2X ETF
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.
SHPU etf facts
| Ticker symbol | SHPU |
| Exchange | NASDAQ |
| Sector | Financial Services |
| Industry | Asset Management |
| Market cap | $10.8M |
| Headquarters | New York, NY, US |
| IPO date | 2025-08-06 |
| Website | www.direxion.com |
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What is the ticker symbol for Direxion Daily SHOP Bull 2X ETF?
The ticker symbol for Direxion Daily SHOP Bull 2X ETF is SHPU, listed on the NASDAQ.
What is SHPU?
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%…