Direxion Daily Energy Bull 2X Shares company info

What does Direxion Daily Energy Bull 2X Shares do?
Direxion Daily Energy Bull 2X Shares (NYSEARCA:ERX) is a leveraged exchange-traded fund (ETF) aiming to provide investors with twice the daily performance of the Energy Select Sector Index. This index tracks the performance of companies from the energy sector, including those involved in the development and production of energy products such as oil, gas, and renewable energy resources. Direxion Daily Energy Bull 2X Shares focuses on maximizing investor returns through strategic investments in high-growth energy companies. The fund's objectives include capitalizing on market trends and leveraging sector movements to offer amplified returns, making it an attractive option for investors seeking exposure to the energy sector's performance with a leveraged investment strategy. Direxion Daily Energy Bull 2X Shares is primarily traded on the NYSE Arca, making it accessible to a wide range of investors interested in energy market dynamics.
Direxion Daily Energy Bull 2X Shares company media
Company Snapshot

Is Direxion Daily Energy Bull 2X Shares a public or private company?

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Ownership
Public

How many people does Direxion Daily Energy Bull 2X Shares employ?

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Employees
56

What sector is Direxion Daily Energy Bull 2X Shares in?

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Sector
ETF

Where is the head office for Direxion Daily Energy Bull 2X Shares?

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Head Office
New York, United States

What year was Direxion Daily Energy Bull 2X Shares founded?

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Year Founded
1997
What does Direxion Daily Energy Bull 2X Shares specialise in?
/Leveraged ETF /Investment Services /Crude Oil /Natural Gas /Energy Equities /Portfolio Management

What are the products and/or services of Direxion Daily Energy Bull 2X Shares?

Overview of Direxion Daily Energy Bull 2X Shares offerings
Leveraged exposure to energy sector, aiming to double the daily performance of an energy sector index.
Inverse and leveraged inverse ETFs for bear market strategies within the energy sector.
Strategically timed leverage rebalancing to optimize returns for investors.
Educational resources and tools to help investors understand the risks and opportunities of leveraged investing.
Innovation in financial products to meet evolving investor demands within the energy market.
Partnerships with index providers to ensure accurate benchmark tracking and performance.