Kurolo

Understand the exposure

A daily target.
A different long-term path.

Explore six sourced examples of single-stock leveraged and inverse ETFs. Start with what each fund seeks to do for one day, then see how compounding changes the journey.

+2× daily

Leveraged long

Seeks twice the stock's daily move before fees and expenses. It amplifies a loss as well as a gain.

−1× daily

Inverse

Seeks the opposite of the daily move. A negative multiple describes direction; it does not promise a hedge over a longer period.

1 stock

Concentrated exposure

An ETF wrapper does not add a basket of companies here. These products can lose their entire value and carry additional risks.

Translate one hypothetical day

Move the stock. Each card shows its ideal daily objective, before fees, expenses, and tracking differences. This is arithmetic, not actual fund performance.

+1.0%
−10%0%+10%

Fund objective examples

Identity, objective, and published expenses checked October 20, 2026. Six Direxion examples; a starter collection, not the full market or a ranking.

6 examples

NVDU

Direxion · underlying NVDA

+2×daily

Direxion Daily NVDA Bull 2X ETF

Seeks twice NVIDIA's daily move before fees and expenses. Its objective is a target and may not be achieved.

If the stock moves +1.0%

+2.0%

Ideal one-day target · hypothetical · before costs

Annual expense ratio, gross / net0.92% / 0.92%

Published ratios are not all-in costs. Financing, trading, and other costs may apply; see the issuer's documents and waiver terms.

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NVDD

Direxion · underlying NVDA

−1×daily

Direxion Daily NVDA Bear 1X ETF

Seeks the opposite of NVIDIA's daily move before fees and expenses. Its objective is a target and may not be achieved.

If the stock moves +1.0%

-1.0%

Ideal one-day target · hypothetical · before costs

Annual expense ratio, gross / net1.01% / 1.01%

Published ratios are not all-in costs. Financing, trading, and other costs may apply; see the issuer's documents and waiver terms.

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TSLL

Direxion · underlying TSLA

+2×daily

Direxion Daily TSLA Bull 2X ETF

Seeks twice Tesla's daily move before fees and expenses. Its objective is a target and may not be achieved.

If the stock moves +1.0%

+2.0%

Ideal one-day target · hypothetical · before costs

Annual expense ratio, gross / net0.95% / 0.83%

Published ratios are not all-in costs. Financing, trading, and other costs may apply; see the issuer's documents and waiver terms.

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TSLS

Direxion · underlying TSLA

−1×daily

Direxion Daily TSLA Bear 1X ETF

Seeks the opposite of Tesla's daily move before fees and expenses. Its objective is a target and may not be achieved.

If the stock moves +1.0%

-1.0%

Ideal one-day target · hypothetical · before costs

Annual expense ratio, gross / net0.95% / 0.95%

Published ratios are not all-in costs. Financing, trading, and other costs may apply; see the issuer's documents and waiver terms.

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AAPU

Direxion · underlying AAPL

+2×daily

Direxion Daily AAPL Bull 2X ETF

Seeks twice Apple's daily move before fees and expenses. Its objective is a target and may not be achieved.

If the stock moves +1.0%

+2.0%

Ideal one-day target · hypothetical · before costs

Annual expense ratio, gross / net0.96% / 0.96%

Published ratios are not all-in costs. Financing, trading, and other costs may apply; see the issuer's documents and waiver terms.

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AAPD

Direxion · underlying AAPL

−1×daily

Direxion Daily AAPL Bear 1X ETF

Seeks the opposite of Apple's daily move before fees and expenses. Its objective is a target and may not be achieved.

If the stock moves +1.0%

-1.0%

Ideal one-day target · hypothetical · before costs

Annual expense ratio, gross / net0.96% / 0.96%

Published ratios are not all-in costs. Financing, trading, and other costs may apply; see the issuer's documents and waiver terms.

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Primary-source reading · SEC

What changes when the exposure lasts more than a day?

These funds concentrate exposure in one stock, target short periods, and can behave very differently from the stock over longer holding periods.

Read the SEC's July 8, 2022 statement ↗
Try a round-trip price path →
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