Traders looking for amplified exposure to individual stocks now have four more leveraged options.
Direxion has introduced four single stock leveraged exchange-traded funds (ETFs) offering 2x daily bullish exposure to ASML Holding, Alibaba Group, Marvell Technology and SoFi Technologies. The launch expands the firm’s single stock leveraged and inverse ETF range to 55 funds The funds are the Direxion Daily ASML Bull 2X ETF (ticker ASMU), Direxion Daily BABA Bull 2X ETF (BABU), Direxion Daily MRVL Bull 2X ETF (MRVU) and Direxion Daily SOFI Bull 2X ETF (SOFA). The launch expands the fi