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 |
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.
Direxion seeks to provide educational materials on the Leveraged ETFs in order to help investors gain greater understanding of how these complicated products work.
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.
This brochure provides insight into Direxion Shares’ fund composition and management process and discusses the risks associated with them.
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.
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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