Direxion is a leading provider of exchange-traded funds that is known mostly for its leveraged and inverse ETFs. It has non-leveraged funds in its exchange-traded product line as well. The firm offers numerous ETFs, and like any successful fund provider, Direxion has quite a few ETFs in development as well.
Here is a list of all of Direxion's ETFs that trade on exchanges as of August 2021. Keep in mind that the company's offerings can change periodically. The four letters before the fund name are the ETF's trading symbol.
- Direxion offers leveraged and inverse ETFs that make it easier for traders to make specific leveraged and/or bearish plays on an index.
- Investing in leveraged ETFs can result in outsized gains or losses.
- Direxion's Daily ETFs are intended to be purchased only for short-term periods.
Leveraged and Inverse ETFs
Leveraged ETFs aim to deliver a multiple of the return of an index on a given trading day. Inverse ETFs are designed to provide the opposite of an index's performance. Leveraged inverse ETFs are a combination of both: their goal is to produce a multiple of the inverse of an index and would be purchased by someone seeking outsized returns from a drop in an index.
Investing in leveraged ETFs can result in outsized losses in the event the market moves in the opposite direction of your bet.
The names of leveraged inverse ETFs from Direxion contain the word "Bear" because buying them acts as a bet on the market going down. The names of non-inverse leveraged ETFs from Direxion contain the word "Bull" because buying them acts as a bet on the market going up.
Direxion says its Daily ETFs should be used only for short-term trading.
Daily Bull and Bear 3X ETFs
A 3X leveraged ETF is designed to return 300% higher or lower daily returns than its index, before fees and expenses. Direxion offers these 3X ETFs in several categories:
DFEN - Daily Aerospace & Defense Bull 3X Shares
WANT - Daily Consumer Discretionary Bull 3X Shares
WEBS - Daily Dow Jones Internet Bear 3X Shares
WEBL - Daily Dow Jones Internet Bull 3X Shares
FAZ - Daily Financial Bear 3X Shares
FAS - Daily Financial Bull 3X Shares
CURE - Daily Healthcare Bull 3X Shares
NAIL - Daily Homebuilders & Supplies Bull 3X Shares
DUSL - Daily Industrials Bull 3X Shares
DRV - Daily MSCI Real Estate Bear 3X Shares
DRN - Daily MSCI Real Estate Bull 3X Shares
PILL - Daily Pharmaceutical & Medical Bull 3X Shares
DPST - Daily Regional Banks Bull 3X Shares
RETL - Daily Retail Bull 3X Shares
HIBS - Daily S&P 500 High Beta Bear 3X Shares
HIBL - Daily S&P 500 High Beta Bull 3X Shares
LABD - Daily S&P Biotech Bear 3X Shares
LABU - Daily S&P Biotech Bull 3X Shares
SOXS - Daily Semiconductor Bear 3X Shares
SOXL - Daily Semiconductor Bull 3X Shares
TECS - Daily Technology Bear 3X Shares
TECL - Daily Technology Bull 3X Shares
TPOR - Daily Transportation Bull 3X Shares
UTSL - Daily Utilities Bull 3X Shares
TMV - Daily 20+ Year Treasury Bear 3X Shares
TMF - Daily 20+ Year Treasury Bull 3X Shares
TYO - Daily 7-10 Year Treasury Bear 3X Shares
TYD - Daily 7-10 Year Treasury Bull 3X Shares
MIDU - Daily Mid Cap Bull 3X Shares
SPXS - Daily S&P 500 Bear 3X Shares
SPXL - Daily S&P 500 Bull 3X Shares
TZA - Daily Small Cap Bear 3X Shares
TNA - Daily Small Cap Bull 3X Shares
YANG - Daily FTSE China Bear 3X Shares
YINN - Daily FTSE China Bull 3X Shares
EURL - Daily FTSE Europe Bull 3X Shares
EDZ - Daily MSCI Emerging Markets Bear 3X Shares
EDC - Daily MSCI Emerging Markets Bull 3X Shares
MEXX - Daily MSCI Mexico Bull 3X Shares
KORU - Daily MSCI South Korea Bull 3X Shares
Daily Bull and Bear 2X ETFs
A 2X leveraged ETF is designed to return 200% higher or lower daily returns than its index, before fees and expenses. Direxion offers these 2X ETFs:
TENG - Daily 5G Communications Bull 2X Shares
CHAU - Daily CSI 300 China A Share Bull 2X Shares
CWEB - Daily CSI China Internet Index Bull 2X Shares
CLDS - Daily Cloud Computing Bear 2X Shares
CLDL - Daily Cloud Computing Bull 2X Shares
ERY - Daily Energy Bear 2X Shares
ERX - Daily Energy Bull 2X Shares
DUST - Daily Gold Miners Index Bear 2X Shares
NUGT - Daily Gold Miners Index Bull 2X Shares
JDST - Daily Junior Gold Miners Index Bear 2X Shares
JNUG - Daily Junior Gold Miners Index Bull 2X Shares
LBJ - Daily Latin America Bull 2X Shares
BRZU - Daily MSCI Brazil Bull 2X Shares
INDL - Daily MSCI India Bull 2X Shares
UBOT - Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares
RUSL - Daily Russia Bull 2X Shares
SPUU - Daily S&P 500 Bull 2X Shares
DRIP - Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares
GUSH - Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
OOTO - Daily Travel & Vacation Bull 2X Shares
KLNE - Drexion Daily Global Clean Energy Bull 2X Shares
Daily Bear 1X ETFs
A 1X ETF is intended to deliver the daily return of its index. Direxion offers two 1X ETFs, both of which are bearish:
CHAD - Daily CSI 300 China A Share Bear 1X Shares
SPDN - Daily S&P 500 Bear 1X Shares
Strategic and Thematic ETFs
Direxion's Strategic ETFs track an index that consists of stocks that fit a particular investment strategy. For instance, the Direxion Fallen Knives ETF is designed to track the performance of the Indxx US Fallen Knives Index. That index consists of stocks whose values have dropped by at least 15% during the prior year but are deemed to have the potential to recover from that fall.
The firm's Thematic ETFs track an index that consists of stocks that fit a particular investment theme. For instance, the Direxion Work From Home ETF aims to track the performance of the Solactive Remote Work Index. That index consists of the stocks of 40 companies that provide products and services that help people work from home.
COM - Direxion Auspice Broad Commodity Strategy ETF
DYHG - Direxion Dynamic Hedge ETF
NIFE - Direxion Fallen Knives ETF
FLYT - Direxion Flight to Safety Strategy ETF
HIPR - Direxion High Growth ETF
LOPX - Direxion Low Priced Stock ETF
ESNG - Direxion MSCI USA ESG - Leaders vs. Laggards ETF
QQQE - Direxion NASDAQ-100 Equal Weighted Index Shares
RWGV - Direxion Russell 1000 Growth Over Value ETF
RWVG - Direxion Russell 1000 Value Over Growth ETF
QMJ - Direxion S&P 500® High minus Low Quality ETF
CCON - Direxion Connected Consumer ETF
HJEN - Direxion Hydrogen ETF
MOON - Direxion Moonshot Innovators ETF
WFH - Direxion Work From Home ETF
WWOW - Direxion World Without Waste ETF
As with any investment, be sure to conduct due diligence before making any ETF transactions. No investment is without risk, and ETFs are no exception. Be sure to consult a financial professional such as a broker or your financial advisor if you have any concerns or questions about ETF investing.