$Direxion Daily NVDA Bull 2X Shares (NVDU.US)$ Dividends are subject to taxation, but the acquisition cost of stocks does not change, so there will be a book loss due to the drop in stock price caused by dividends. The mechanism of taxation on dividends and taxation on stock disposal gains is almost the same, so there is an understanding that there is no substantial loss due to tax allocation, is this correct?
However, if dividends are reinvested, trading fees will be incurred, so that portion can be considered a loss.