Direxion Daily SHOP Bull 2X ETF (SHPU) Performance
SHPU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −26.5% since Dec 31, 2025
- 1 year
- −34.4% total return
- Since first price
- −28.2% since 2025
SHPU trailing returns vs SPY, QQQ, AGG
| Period | SHPU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +37.4% | +37.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +101.0% | +100.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +44.5% | +43.0% | +7.8% | +8.4% | −1.5% |
| YTD | −26.5% | −27.6% | +12.3% | +15.1% | −1.0% |
| 1 year | −34.4% | −46.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionAug 6, 2025 | −28.2% | −41.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SHPU vs SPY
From Aug 6, 2025: SHPU grew to $7,178, SPY to $12,173.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SHPU returns by calendar year
2026 is year to date.
SHPU annual returns table
| Year | SHPU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −26.5% | −74.0% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SHPU largest drawdowns
Now 42.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 28, 2025 | −78.0% | May 13, 2026 | not yet | 6 months | 12 months so far |
| Aug 6, 2025 | −22.8% | Aug 21, 2025 | Sep 22, 2025 | 15 days | 47 days |
| Sep 22, 2025 | −20.9% | Sep 26, 2025 | Oct 3, 2025 | 4 days | 11 days |
| Oct 8, 2025 | −18.3% | Oct 10, 2025 | Oct 24, 2025 | 2 days | 16 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SHPU risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −29.1% |
| Volatility (annualized) | 79.0% |
| Sharpe ratio | -0.13 |
| Sortino ratio | -0.22 |
| Best month | +52.3% |
| Worst month | −36.1% |
| Best 12 months | −29.4% |
| Worst 12 months | −36.4% |
| Positive months | 46% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SHPU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 3 | −39.3% | −36.4% | −29.4% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
SHPU performance overview
Direxion Daily SHOP Bull 2X ETF (SHPU) returned −34.4% over the past year, with distributions reinvested. Since its first recorded price on Aug 6, 2025 it has returned −28.2%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −78.0%, from Oct 28, 2025 to May 13, 2026; the fund has not yet regained that high. Volatility has been 79.0% a year.
Related: SHPU chart, SHPU dividends. See the SHPU overview for the latest quote and fund facts.
SHPU performance FAQ
What is the SHPU return over the past year?
SHPU returned −34.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 46.2%.
How much would $10,000 invested in SHPU be worth?
$10,000 invested in SHPU at its first recorded close on August 6, 2025 would be worth about $7,178 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of SHPU?
The largest peak-to-trough decline was −78.0% between October 28, 2025 and May 13, 2026. It has not yet recovered to that high; it is 42.8% below its peak.
How volatile is SHPU?
Over the past history SHPU had an annualized volatility of 79.0% and a Sharpe ratio of -0.13 (excess return over 1–3 month T-bills per unit of risk).