Direxion Daily S&P 500® Bull 2X Shares company info

What does Direxion Daily S&P 500® Bull 2X Shares do?
Direxion Daily S&P 500® Bull 2X Shares (NYSE:SPUU) focuses on providing investment results that correspond to two times (2x) the daily performance of the S&P 500® Index. Being listed solely on the NYSE Arca, it enables traders and investors a leveraged exposure to the performance of the S&P 500®, aiming to amplify their potential returns on a daily basis. The operations involve managing the fund's assets to closely mirror the double performance of the S&P 500® Index, primarily engaging in financial derivatives and swap agreements. The objective is to cater to investors looking for short-term gains from the U.S. equity market movements without direct investment in the index stocks. Direxion Daily S&P 500® Bull 2X Shares seeks to be a pivotal tool for sophisticated investors in their strategic trading decisions, albeit with an understanding of the risks involved with leveraged investments.
Direxion Daily S&P 500® Bull 2X Shares company media
Company Snapshot

Is Direxion Daily S&P 500® Bull 2X Shares a public or private company?

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Ownership
Public

How many people does Direxion Daily S&P 500® Bull 2X Shares employ?

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Employees
56

What sector is Direxion Daily S&P 500® Bull 2X Shares in?

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Sector
ETF

Where is the head office for Direxion Daily S&P 500® Bull 2X Shares?

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Head Office
New York, United States

What year was Direxion Daily S&P 500® Bull 2X Shares founded?

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Year Founded
2014
What does Direxion Daily S&P 500® Bull 2X Shares specialise in?
/Leveraged ETF /S&P 500 /Daily Rebalance /Investment Management /Financial Services /Equity Exposure

What are the products and/or services of Direxion Daily S&P 500® Bull 2X Shares?

Overview of Direxion Daily S&P 500® Bull 2X Shares offerings
Leveraged ETFs aiming to provide 200% daily investment results, before fees and expenses, relative to the performance of the S&P 500® Index.
Inverse ETFs designed to offer inverse exposure to the S&P 500® Index, enabling investors to capitalize on declines in the index.
Sector-focused leveraged and inverse ETFs that target specific industries within the S&P 500®, allowing for targeted bullish or bearish strategies.
International leveraged and inverse ETFs providing exposure to global markets, mirroring the strategy applied to the S&P 500® for investors seeking opportunities abroad.
Commodity-based leveraged ETFs that offer amplified exposure to commodities, aligning with the company's strategy of providing high-impact investment options.
Volatility-focused products designed to offer leveraged or inverse exposure to volatility indices, catering to investors looking to hedge or speculate based on market volatility.