Direxion Daily AAPL Bull 2X Shares

Direxion Daily AAPL Bull 2X Shares is a leveraged exchange-traded fund designed to deliver twice the daily performance of Apple Inc. common stock before fees and expenses. The fund uses a combination of Apple shares and derivatives such as swap agreements and options to create its 2X daily exposure, making it a tactical product for market participants seeking magnified short-term participation in Apple’s price moves. It is structured as a non-diversified ETF and is managed by Direxion within its single-stock leveraged and inverse ETF lineup. The fund’s role in the market is to provide a listed, tradable vehicle for accessing Apple-linked exposure without directly holding the stock, while maintaining a focus on daily results rather than long-term performance. Founded in 2022 and based in the United States, Direxion Daily AAPL Bull 2X Shares is positioned within the equity and leveraged ETF segment, where it serves users who want targeted exposure to one of the market’s most closely watched technology companies.