Direxion Daily ADBE Bull 2X ETF (ADBU)

The Direxion Daily ADBE Bull 2X ETF is a single-stock leveraged fund from Direxion that seeks daily investment results equal to 200% of the daily percentage change in the share price of Adobe Inc., the San Jose, California-based maker of creative, document and digital marketing software, including Photoshop, Acrobat and Creative Cloud.

The fund gains its leveraged exposure primarily through swap agreements on Adobe stock and rebalances each trading day to maintain the 2x target. Because the objective applies to single days, performance over longer holding periods can diverge meaningfully from twice Adobe's cumulative return, particularly in volatile markets.

The ETF trades on NYSE Arca under the ticker ADBU.