Direxion Daily S&P 500 Bull 2X Shares (SPUU) Performance
SPUU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +19.8% since Dec 31, 2025
- 1 year
- +22.5% total return
- 5 years
- +16.8% a year
- 10 years
- +24.3% a year
- Since first price
- +21.2% a year since 2014
SPUU trailing returns vs SPY, QQQ, AGG
| Period | SPUU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.6% | −2.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.0% | +4.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +12.8% | +12.5% | +7.8% | +8.4% | −1.5% |
| YTD | +19.8% | +19.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +22.5% | +20.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +177.3%+40.5%/yr | +168.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +116.9%+16.8%/yr | +101.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +781.9%+24.3%/yr | +505.3% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionMay 28, 2014 | +981.4%+21.2%/yr | +632.6% | — | — | — |
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: SPUU vs SPY
From May 28, 2014: SPUU grew to $108,142, SPY to $48,920.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SPUU returns by calendar year
8 of 11 full years positive. Best 2019 (+66.8%), worst 2022 (−38.7%). 2026 is year to date.
SPUU annual returns table
| Year | SPUU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +19.8% | −18.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +26.6% | −35.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +44.2% | −16.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +47.3% | −20.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −38.7% | −46.6% | −18.2% | −32.6% | −13.0% |
| 2021 | +61.3% | −10.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +21.9% | −59.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +66.8% | −13.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −14.6% | −36.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +44.3% | −4.6% | +21.7% | +32.7% | +3.6% |
| 2016 | +21.2% | −17.8% | +12.0% | +7.1% | +2.4% |
| 2015 | −4.4% | −24.8% | +1.2% | +9.4% | +0.5% |
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.
SPUU largest drawdowns
Now 5.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2020 | −59.3% | Mar 23, 2020 | Sep 2, 2020 | 33 days | 6 months |
| Dec 29, 2021 | −46.6% | Oct 12, 2022 | Feb 22, 2024 | 9 months | 2.1 years |
| Sep 21, 2018 | −36.1% | Dec 24, 2018 | Jun 20, 2019 | 3 months | 9 months |
| Feb 19, 2025 | −35.2% | Apr 8, 2025 | Jul 3, 2025 | 48 days | 4 months |
| May 21, 2015 | −28.9% | Feb 11, 2016 | Jul 20, 2016 | 9 months | 1.2 years |
| Jan 26, 2018 | −20.8% | Apr 2, 2018 | Aug 27, 2018 | 2 months | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SPUU risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2014 |
|---|---|---|---|---|
| Annualized return | +39.2% | +19.5% | +24.1% | +21.3% |
| Volatility (annualized) | 25.4% | 31.5% | 31.5% | 30.2% |
| Sharpe ratio | 1.27 | 0.61 | 0.78 | 0.74 |
| Sortino ratio | 2.64 | 0.98 | 1.21 | 1.16 |
| Best month | +21.4% | +21.4% | +25.5% | +25.5% |
| Worst month | −11.7% | −18.4% | −29.5% | −29.5% |
| Best 12 months | +75.4% | +75.4% | +130.5% | +130.5% |
| Worst 12 months | +8.0% | −38.7% | −38.7% | −38.7% |
| Positive months | 61% | 57% | 67% | 64% |
| Beta vs S&P 500 | 2.04 | 2.01 | 2.05 | — |
| Correlation with S&P 500 | 1.00 | 1.00 | 1.00 | — |
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.
SPUU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 138 | −38.7% | +23.5% | +130.5% | 80% |
| 3-year (a year) | 114 | +2.9% | +20.1% | +48.6% | 100% |
| 5-year (a year) | 90 | +6.9% | +20.8% | +33.3% | 100% |
| 10-year (a year) | 30 | +17.7% | +21.4% | +24.9% | 100% |
Every holding period starting at a month-end since 2014. Returns for 3 years and longer are annualized.
SPUU performance overview
Direxion Daily S&P 500 Bull 2X Shares (SPUU) returned +22.5% over the past year and +24.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2014 it has returned +21.2% a year, turning $10,000 into about $108,142. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −59.3%, from Feb 19, 2020 to Mar 23, 2020, and it took 5 months to get back to the old high. SPUU finished 8 of its 11 full calendar years with a gain; the best year was 2019 (+66.8%) and the worst 2022 (−38.7%). Volatility has been 30.2% a year.
Related: SPUU chart, SPUU dividends. See the SPUU overview for the latest quote and fund facts.
SPUU performance FAQ
What is the SPUU return over the past year?
SPUU returned +22.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 20.6%.
What is the average annual return of SPUU?
SPUU has returned +16.8% a year over 5 years, +24.3% a year over 10 years, +21.2% a year since May 28, 2014 (total return, distributions reinvested).
How much would $10,000 invested in SPUU be worth?
$10,000 invested in SPUU at its first recorded close on May 28, 2014 would be worth about $108,142 on October 23, 2026 with distributions reinvested.
What was the worst year for SPUU?
The worst calendar year was 2022, with a total return of −38.7%. The best was 2019 at +66.8%.
What is the biggest drawdown of SPUU?
The largest peak-to-trough decline was −59.3% between February 19, 2020 and March 23, 2020. It recovered to the old high on September 2, 2020, 5 months after the bottom.
How volatile is SPUU?
Over the past 3 years SPUU had an annualized volatility of 25.4% and a Sharpe ratio of 1.27 (excess return over 1–3 month T-bills per unit of risk).