Fund Detail

The Daily Bull and Bear 3x ETFs seek daily investment results, before fees and expenses, of 300% or -300% of the price performance of their Index. There is no guarantee the fund will meet its stated investment objective.

Click the fund name for complete details.

Symbol Fund Index/Benchmark Daily Target Bloomberg Index Symbol
Non-Leveraged ETFs
Leveraged and Inverse ETFs
Domestic Equity
3x ETFs
SPXL Daily S&P 500® Bull 3x Shares S&P 500® Index 300% SPX
SPXS Daily S&P 500® Bear 3x Shares S&P 500® Index -300% SPX
MIDU Daily Mid Cap Bull 3x Shares S&P Mid Cap 400® Index 300% MID
MIDZ Daily Mid Cap Bear 3x Shares S&P Mid Cap 400® Index -300% MID
Sector Equity
3x ETFs
ERX Daily Energy Bull 3x Shares Energy Select Sector Index 300% IXE
ERY Daily Energy Bear 3x Shares Energy Select Sector Index -300% IXE
TECL Daily Technology Bull 3X Shares Technology Select Sector Index 300% IXT
TECS Daily Technology Bear 3X Shares Technology Select Sector Index -300% IXT

Educate Me

Direxion Shares are leveraged Exchange-Traded Funds (ETFs) designed to seek daily investment results, before fees and expenses, of 300% of the performance (or 300% of the inverse of the performance, in the case of a bear fund), of the benchmark index that they track. There is no guarantee that the funds will achieve their objective.

These funds are intended for use only by sophisticated investors who:

These funds are NOT intended for use by conservative investors who:

Direxion seeks to provide educational materials on the Leveraged ETFs in order to help investors gain greater understanding of how these complicated products work.

Direxionshares University >

Get CFP® and Other Continuing Education (CE) Credit

Upon course completion, investment professionals may access a certificate of completion that confirms the 1.0 credit-hour granted, and is signed by a CE administrator from Greene Consulting Associates. This formal record of completion can be submitted manually or electronically, to your professional accreditation body.

Understanding Leveraged Exchange-Traded Funds >

This brochure provides insight into Direxion Shares’ fund composition and management process and discusses the risks associated with them.

Volatility Matters >

This piece illustrates how different volatility levels of a fund's benchmark index can impact the returns of leveraged ETFs for periods greater than a day.

Why Direxion Matters

You're in, and you're out. You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.

Whether you’re a bull or a bear, Direxion Shares is with you. Our leveraged ETFs are powerful tools built to help you:

The Leveraged ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged investment results and intend to actively monitor and manage their investments. Leverage ETFs are not designed to track the underlying index over a longer period of time.

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