Direxion Daily MU Bull 2X ETF (MUU)

The Direxion Daily MU Bull 2X ETF is a leveraged exchange-traded fund from Direxion that seeks daily investment results equal to 200% of the daily performance of the common stock of Micron Technology (MU).

The objective applies to a single trading day only. The fund typically uses swap agreements and similar derivatives to obtain its leveraged exposure, and because it resets its leverage every day, its returns over periods longer than one day can differ significantly from twice the underlying stock's return over the same period. The fund is listed on NASDAQ.