What is the ISIN of Direxion Daily LLY Bull 2X ETF?

The ISIN of Direxion Daily LLY Bull 2X ETF is US25461A3124.

What does leveraged daily exposure mean for Direxion Daily LLY Bull 2X ETF?

Direxion Daily LLY Bull 2X ETF aims to deliver 2 times the daily return of LLY (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

What is volatility decay and how does it affect Direxion Daily LLY Bull 2X ETF?

Volatility decay (also called compounding drag) occurs because Direxion Daily LLY Bull 2X ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

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Direxion Daily LLY Bull 2X ETF (ELIL) Price

Direxion Daily LLY Bull 2X ETF Price

— EUR

TER1.07 %

AUM18.24 M USD

CurrencyUSD

Funds Launch3/26/2025

Direxion Daily LLY Bull 2X ETF Price

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Underlying

LLY

LLY2X Long Daily

LLY

Direxion Daily LLY Bull 2X ETF provides 2X daily exposure to LLY.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.