[2] The company began using the Direxion name in 2006. A voice response unit allows 24-hour access to account information and NAVs. Direxion. Your Guide to 3x Leveraged Exchange Traded Funds (ETFs), Here's a List of the Many ETFs and ETNs That Trade Options, Consider ProShares Exchange Traded Funds For Your Investments, Top Oil ETFs and ETNs to Consider for Your Portfolio. Leveraged inverse ETFs are designed to provide the opposite of an index's performance on a magnified basis in the course of just one day., A 3X leveraged ETF can deliver 300% higher or lower returns. The first four letters are the ETF's trading symbol. Direxion offers: TYBS - Daily 20+ Year Treasury Bear 1X Shares, CHAD - Daily CSI 300 China A Share Bear 1X Shares, These ETFs add a 35% exposure and Direxion offers:, PPDM - PortfolioPlus Developed Markets ETF, PPEM - PortfolioPlus Emerging Markets ETF. Direxion is a leading ETF provider known mostly for its leveraged and inverse ETFs. You agree that your use of this Website is subject to you reviewing and acknowledging the terms of this disclaimer and the website’s terms of use. Information herein is not intended for Professional Investors in any jurisdiction in which distribution or purchase is not authorized. DAL does not maintain nor is it responsible for the contents of this Website, which has not been approved by the SFC. It has non-leveraged funds in its exchange-traded product line as well. Prior to this role, Mr. Nestor was Head of iShares Product Strategy for BlackRock's U.S. As with any investment, be sure to conduct due diligence before making any ETF transactions. The ETFs do not attempt to, and should not be expected to, provide returns which are a multiple of the return of their respective index for periods other than a single day. & Prod. "Leveraged Inverse ETF List." Send your comments to: [email protected]. [10][11] The company's gold miner bull and bear ETFs are among the most-traded gold-related leveraged ETFs. Founded in Alexandria, Virginia, the company also has offices in New York City, Boston, and Hong Kong. Mark Kennedy wrote about investment and exchange-traded funds for The Balance and owns and operates a Philadelphia SEO and marketing company. Accessed May 20, 2020. The Balance does not provide tax, investment, or financial services and advice. He joined Direxion in 2018. Direxion builds products for investors who want more than the status quo. Direxion is a provider of financial products known for its leveraged ETFs. The Direxion Daily Junior Gold Miners Index Bull (JNUG) and Bear (JDST) 2X Shares seek daily investment results, before fees and expenses, of 200%, or 200% of the inverse (or opposite), of the performance of the MVIS Global Junior Gold Miners Index.