‘ Direxion ’

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, co-Founder and Chief Investment Officer 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, co-Founder and Chief Investment Officer 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.”


Direxion launches triple leveraged Euro Stoxx 50 ETF

Jul 13th, 2017 | By
Sylvia Jablonski, co-Founder and Chief Investment Officer of Defiance ETFs

Direxion has launched the Direxion Daily Euro Stoxx 50 Bull 3X Shares (EUXL) which provides 300% of the daily performance of the Euro Stoxx 50 Index. Sylvia Jablonski, managing director at Direxion, said: “As political risks dissipate following the results of the French elections, the eurozone economy strengthens and prospects for earnings improve, this ETF may offer active traders exposure to a highly reputable index tracking 50 of the largest and most liquid blue-chip European stocks.”


Quadruple leveraged ETFs to hit US shores

May 5th, 2017 | By
Quadruple leveraged ETFs to hit US shores

The Securities and Exchange Commission has approved a request to list quadruple-leveraged exchange-traded funds in the US.


Direxion rolls out five triple leveraged ETFs

May 4th, 2017 | By
Sylvia Jablonski, co-Founder and Chief Investment Officer of Defiance ETFs

Inverse & leveraged exchange-traded fund provider Direxion has rolled out five leveraged ETFs, providing triple long exposure to various sector plays as well as Mexico’s broad equity market performance. Sylvia Jablonski, managing director at Direxion, commented: “With the new administration in Washington comes new policies that have the potential to affect the capital markets landscape. We aim to provide traders with ways to capitalize on opportunities created by those new policies.”