Direxion Launches Leveraged Real Estate ETFs

Direxion has launched two leveraged real estate exchange-traded funds, the Direxion Daily Real Estate Bull 3x Shares and the Direxion Daily Real Estate Bear 3x Shares. Both attempt to deliver 300% the daily long and inverse performance of the MSCI U.S. REIT Index.

“The flexibility that our ETFs provide, on both the long and short side, can be especially valuable for sophisticated investors who use tactical strategies in order to navigate today’s volatile market,” said Dan O’Neill, president of Direxion.

For reprint and licensing requests for this article, click here.
Mutual funds Money Management Executive
MORE FROM FINANCIAL PLANNING