Direxion Daily DA Bull 1.5X Shares company info

What does Direxion Daily DA Bull 1.5X Shares do?
Direxion Daily NVDA Bull 1.5X Shares (NASDAQ:NVDU) is a specialized investment vehicle designed to provide investors with leveraged exposure to NVIDIA Corporation, a prominent player in the technology sector, particularly in graphics processing units (GPUs) for gaming and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market. This financial instrument aims to deliver 150% of the daily performance of NVIDIA, offering an intensified investing experience for those looking to capitalize on the company's daily market movements. The primary objective of Direxion Daily NVDA Bull 1.5X Shares is to cater to investors seeking significant short-term gains from NVIDIA's stock performance, making it an attractive option for traders looking to amplify their exposure to the tech giant's daily market activities.
Direxion Daily DA Bull 1.5X Shares company media
Company Snapshot

Is Direxion Daily DA Bull 1.5X Shares a public or private company?

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Ownership
Public

How many people does Direxion Daily DA Bull 1.5X Shares employ?

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Employees
56

What sector is Direxion Daily DA Bull 1.5X Shares in?

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Sector
ETF

Where is the head office for Direxion Daily DA Bull 1.5X Shares?

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Head Office
New York, United States

What year was Direxion Daily DA Bull 1.5X Shares founded?

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Year Founded
2023
What does Direxion Daily DA Bull 1.5X Shares specialise in?
/Leveraged ETF /Technology Sector /Investment Management /Portfolio Diversification /Risk Management /Equity Exposure

What are the products and/or services of Direxion Daily DA Bull 1.5X Shares?

Overview of Direxion Daily DA Bull 1.5X Shares offerings
Leveraged Exposure to NVDA Stock: NVDU aims to deliver a daily return of 150% of the daily performance of the NVIDIA Corporation (NVDA) common stock.
Focus on Short-Term Gains: This ETF is designed for short-term investors seeking magnified returns that match the daily price movement of NVDA, but with 1.5 times the volatility.
Potential for Amplified Losses: The 1.5x leverage factor also amplifies potential losses. If NVDA's stock price falls, NVDU's losses would be 1.5 times greater than the actual stock price decline.
Daily Reset: Unlike some leveraged ETFs, NVDU resets its leverage ratio daily. This aims to mitigate the compounding effect of leverage over extended periods.
Geared Towards Experienced Investors: Due to the magnified volatility and potential for significant losses, NVDU is generally suited for experienced investors comfortable with higher risk.