Founded in 1997, Direxion Shares, distributed by Rafferty Asset Management LLC, take ETFs to the power of x, quite literally. They specialize in leveraged exchange-traded funds and in 2008 became the first to provide 3x leveraged ETF products, which are designed to track daily investment results of 300% of the performance of their benchmarks.
Direxion Quick Facts
- Headquarters: Boston, MA
- U.S. Listed ETFs: 77
- Expense Ratio Range: 0.35% – 1.05%
- Avg. Expense Ratio: 0.84%
- Direxion maintains ETFs in the following ETFdb Categories: All Cap Equities, Asia Pacific Equities, Inverse Bonds, Inverse Equities, Large Cap Blend Equities, Large Cap Growth Equities, Latin America Equities, Leveraged Bonds, Leveraged Equities, Leveraged Real Estate, MLPs, Small Cap Blend Equities
As of 12/07/2016