The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of BABA and financial instruments, such as swap agreements and options, that, in combination, provide 2X daily leveraged exposure to BABA, consistent with the fund"s investment objective. The fund is non-diversified.
Frequently asked questions
What is Direxion Daily BABA Bull 2X ETF (BABU) current stock price?
As of the latest data, Direxion Daily BABA Bull 2X ETF stock price is $12.19, with a previous close of $12.01. Direxion Daily BABA Bull 2X ETF gained $0.18 in the last trading session, representing a 1.5% increase.
Does Direxion Daily BABA Bull 2X ETF (BABU) pay dividends?
Yes. Direxion Daily BABA Bull 2X ETF pays quarterly dividends with an annualized yield of 1.61% and an estimated annual payout of $0.20 per share.
When is the next ex-dividend date for Direxion Daily BABA Bull 2X ETF (BABU)?
The next ex-dividend date is scheduled for September 23, 2026.