MRVU ETF — Holdings & Analysis

With an expense ratio of 0.99%, the fund offers a concentrated bet on a single technology company. The fund's assets under management (AUM) are currently $0.00B. Investors should understand the risks associated with leveraged ETFs, including the potential for amplified losses and the effects of compounding, especially when held for longer periods. Past performance does not guarantee future results.

Direxion Daily MRVL Bull 2X ETF (MRVU) ETF — Price, Holdings & Analysis

The Direxion Daily MRVL Bull 2X ETF (MRVU) is designed for investors seeking leveraged exposure to Marvell Technology, Inc. (MRVL). Launched by Direxion in February 2026, MRVU aims to deliver twice the daily performance of MRVL's common stock. With an expense ratio of 0.99%, the fund offers a concentrated bet on a single technology company. The fund's assets under management (AUM) are currently $0.00B. Investors should understand the risks associated with leveraged ETFs, including the potential for amplified losses and the effects of compounding, especially when held for longer periods. Past performance does not guarantee future results.

ETF Overview

The Direxion Daily MRVL Bull 2X ETF seeks daily investment results, before fees and expenses, of 200% of the performance of the common shares of Marvell Technology, Inc. (NASDAQ: MRVL).

The Direxion Daily MRVL Bull 2X ETF (MRVU) offers a leveraged investment strategy, seeking to magnify the daily performance of Marvell Technology, Inc. (MRVL) by a factor of two. This means that for every percentage point gain in MRVL's stock price on a given day, MRVU aims to increase by two percentage points, before fees and expenses. Conversely, any decrease in MRVL's stock price is also amplified. As a result, MRVU is designed for short-term trading and is not suitable for long-term investment strategies due to the effects of compounding and the potential for significant losses. The ETF's top holding is Marvell Technology Inc (MRVL), representing 13.64% of the fund. This concentrated exposure makes the fund's performance highly dependent on the performance of MRVL. Investors should carefully consider their risk tolerance and investment objectives before investing in MRVU. Past performance does not guarantee future results.

Risk Metrics

Investing in the Direxion Daily MRVL Bull 2X ETF (MRVU) involves significant risks, primarily due to its leveraged nature and concentrated holdings. The fund's objective of doubling the daily performance of Marvell Technology, Inc. (MRVL) amplifies both potential gains and losses. This leverage can lead to rapid erosion of capital, especially in volatile markets or during prolonged periods of negative performance for MRVL. The fund's expense ratio of 0.99% is relatively high, which can further detract from returns, particularly if the fund does not perform as expected. The fund's beta is 0.00, indicating that it's not correlated to the market. The concentration of holdings, with a significant portion of the fund invested in MRVL, exposes investors to company-specific risks. Due to these factors, MRVU is best suited for sophisticated investors with a high-risk tolerance and a short-term investment horizon. Past performance does not guarantee future results.

Expense Ratio

0.99%

What does MRVU hold?

Holding	Weight
Marvell Technology Inc (MRVL)	13.64%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
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iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Direxion World Without Waste ETF (WWOW) (Equity) — 0.50% expense ratio
Direxion MSCI Developed Over Emerging Markets ETF (RWDE) (Equity) — 0.53% expense ratio
Direxion Daily AMD Bull 2X ETF (AMUU) (Equity) — 1.16% expense ratio
Direxion Daily Global Clean Energy Bull 2X Shares (KLNE) (Equity) — 1.33% expense ratio
Direxion Daily Uranium Industry Bull 2X ETF (URAA) (Equity) — 1.46% expense ratio
Direxion Daily Industrials Bull 3X ETF (DUSL) (Equity) — 0.98% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is MRVU and what does it track?

The Direxion Daily MRVL Bull 2X ETF (MRVU) is an exchange-traded fund (ETF) that aims to provide twice the daily investment results of the common shares of Marvell Technology, Inc. (NASDAQ: MRVL).

In other words, it seeks to deliver 200% of MRVL's daily performance, before fees and expenses.

What is the expense ratio for MRVU?

The expense ratio for the Direxion Daily MRVL Bull 2X ETF (MRVU) is 0.99%. This means that for every $1000 invested in the fund, $9.90 goes towards covering the fund's operating expenses.

Expense ratios can impact an investor's overall returns, and it's important to consider this when evaluating an ETF.

What are the top holdings in MRVU?

As a leveraged ETF designed to track the performance of a single stock, the primary holding of the Direxion Daily MRVL Bull 2X ETF (MRVU) is Marvell Technology Inc (MRVL).

According to the latest data, Marvell Technology Inc (MRVL) comprises 13.64% of the fund's total holdings.

Is MRVU a good long-term investment?

The Direxion Daily MRVL Bull 2X ETF (MRVU) is generally not considered a suitable long-term investment. This is primarily due to its leveraged nature, which aims to magnify the daily performance of Marvell Technology, Inc. (MRVL).

While this can lead to significant gains in the short term, it also exposes investors to amplified losses.

How does MRVU compare to similar ETFs?

MRVU is a unique ETF in that it provides 2x leveraged exposure to a single stock, Marvell Technology (MRVL). There are very few ETFs that offer this specific type of exposure.

Most leveraged ETFs focus on broader market indexes or sectors.

Does MRVU pay dividends?

According to the latest available data, the Direxion Daily MRVL Bull 2X ETF (MRVU) has a dividend yield of 0.00%. This indicates that the fund does not currently distribute any dividends to its shareholders.

The lack of dividend payments is common for leveraged ETFs, as their primary objective is to provide magnified exposure to the underlying asset's price movements rather than generating income.