Direxion Plans 11 New ETFs
Direxion, one of the top issuers of leveraged ETFs, is planning to introduce 11 new leveraged commodities and currency ETFs.
Direxion will introduce the first triple leveraged bullish and bearish plays on COMEX gold and silver futures. Those ETFs will be the Direxion Daily Gold Bull 3x Shares, the Direxion Daily Gold Bear 3x Shares, the Direxion Daily Silver Bull 3x Shares and the Direxion Daily Silver Bear 3x Shares.
The currency ETFs will be the Direxion Daily Japanese Yen Bull 3x Shares, the Direxion Daily Japanese Yen Bear 3x Shares, the Direxion Daily Dollar Bull 3x Shares
Direxion Daily Dollar Bear 3x Shares, the Direxion Daily Euro Bear 3x Shares and the Direxion Daily Euro Bull 3x Shares.
Direxion will also introduce the Direxion S&P 500 Dynamic VEQTOR Fund which is based on an index that tracks S&P 500 equities, the overnight LIBOR rate and short-term VIX futures.
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