Direxion Daily ASML Bull 2X ETF (ASMU)

The Direxion Daily ASML Bull 2X ETF (ASMU) is a leveraged single-stock fund from Direxion. It seeks daily investment results, before fees and expenses, of 200% of the daily performance of ASML Holding N.V. shares.

ASML designs and manufactures photolithography equipment that chipmakers use to pattern integrated circuits, including extreme ultraviolet lithography systems for the most advanced process nodes. The fund obtains its leveraged exposure through swap agreements and may hold ASML shares directly.

The 2x objective applies to a single day. Because leverage resets daily, performance over longer periods can differ significantly from twice ASML's return.