‘ Direxion ’

Direxion to increase leverage on PortfolioPlus ETFs

Jan 5th, 2019 | By
Cathay launches leveraged DJIA ETF in Taiwan

US-based inverse and leveraged ETF specialist Direxion has announced it will raise the daily leverage factor on its suite of ‘PortfolioPlus’ ETFs – a range of lightly leveraged funds providing exposure to the US large, mid, and small cap markets, as well as international developed and emerging market stocks.

Direxion unveils triple leveraged & inverse ETFs for US consumer sectors

Dec 4th, 2018 | By
GraniteShares cross-lists tactical US tech basket ETPs on Xetra

Direxion has added four funds to its line-up of leveraged and inverse sector ETFs. The funds provide triple leveraged exposure or triple inverse leveraged exposure to the daily return of the consumer staples and consumer discretionary sectors of the US equity market.

Direxion launches 3x leveraged robotics, automation and AI ETF

Apr 23rd, 2018 | By
Sylvia Jablonski, CEO of Defiance ETFs.

Direxion has launched the Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 3X Shares (UBOT US) on NYSE Arca, providing triple leveraged exposure to an equity index composed of firms operating in the robotics and automation industry. Sylvia Jablonski, managing director at Direxion, commented, “The launch of UBOT allows traders to take a bold position in companies that are at the forefront of technology.”

Insufficient assets prompts Direxion to close its billionaire-mimicking ETF

Mar 2nd, 2018 | By

Direxion Investments is to close its billionaire-mimicking ETF, the Direxion iBillionaire Index ETF (IBLN US).

Direxion introduces lightly leveraged “Portfolio+” ETF suite

Feb 19th, 2018 | By
ETFs profit as global markets rebound in April

US-based leveraged and inverse ETF specialist Direxion has debuted a new range of ETFs, under a new brand called “Portfolio+ ETFs”. The ETFs provide lightly leveraged exposure to their underlying indices. Andy O’Rourke, Managing Director at Direxion, said, “Over time, a small amount of added exposure can make a significant difference. At the right price point, just a 25% boost allows advisors who already manage a diversified strategy to seek out additional risk-adjusted returns in a manageable way. “

Direxion makes changes to two leveraged ETFs

Jan 31st, 2018 | By
A name change at Direxion Trust ETF

The board of trustees of the Direxion Shares ETF Trust has approved changes to the names, tickers and investment adviser of the Direxion Daily S&P 500 Bull 1.25X Shares and the Direxion Daily Small Cap Bull 1.25X Shares, effective from 15 February 2018.

Direxion launches 3x leveraged pharmaceuticals ETF

Nov 15th, 2017 | By
ETF Securities cross-lists 'disruptive technology' ETFs onto Borsa Italiana

Direxion, the US-based leveraged and inverse ETF specialist, has launched the Direxion Daily Pharmaceutical Bull 3X Shares (PILL US). The ETF seeks to achieve 300% of the daily performance of the Dynamic Pharmaceutical Intellidex Index, an index composed of 30 US pharmaceutical companies identified by NYSE’s Intellidex methodology as having the greatest potential for capital appreciation.

Direxion to change index for leveraged small-cap ETF

Oct 3rd, 2017 | By
Sylvia Jablonski, CEO of Defiance ETFs.

New York-based ETF provider Direxion is changing the underlying index of the Direxion Daily Small Cap Bull 1.25X Shares (NYSE Arca: LLSC). As of 1 December 2017, the fund will switch from using the Russell 2000 Index to the S&P Small Cap 600 Index.

Direxion to close 12 inverse & leveraged sector ETFs

Sep 4th, 2017 | By
Horizons to close its actively managed US dividend ETF

Inverse and leveraged ETF provider Direxion has announced its decision to close and liquidate twelve funds, each providing investors with a targeted sector play. All but one of the funds scheduled for closure offer inverse exposure to their underlying index, indicating the effect the ongoing equities bull market has had on demand for bearish products.

Direxion launches triple leveraged emerging market bonds ETF

Aug 17th, 2017 | By
Sylvia Jablonski, CEO of Defiance ETFs.

Inverse and leveraged ETF provider Direxion has launched the Direxion Daily Emerging Markets Bond Bull 3X Shares (NYSE Arca: EMBU), providing triple-leveraged exposure to the performance of US dollar-denominated bonds issued by 55 emerging market countries. Sylvia Jablonski, managing director at Direxion, commented: “Emerging market bonds can offer the opportunity to gain higher yield and return, which has been the case recently.”