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So, a fund like the Direxion Daily S&P 500 Bull 3X Shares (SPXL) offers three times the performance of the S&P 500 index for that day. If the index goes up, the ETF should go up three times as much.
1997; 27 years ago (1997) in Alexandria, Virginia, United States. Products. Leveraged, inverse, and thematic exchange-traded funds. Website. direxion.com. Direxion is a provider of financial products known for its leveraged ETFs. Founded in Alexandria, Virginia, the company also has offices in New York City, Boston, and Hong Kong.
The SPDR S&P 500 ETF Trust is an exchange-traded fund which trades on the NYSE Arca under the symbol SPY (NYSE Arca: SPY). The ETF is designed to track the S&P 500 index by holding a portfolio comprising all 500 companies on the index. [ 1 ] It is a part of the SPDR family of ETFs and is managed by State Street Global Advisors. [ 2 ]
An exchange-traded fund (ETF) is a type of investment fund that is also an exchange-traded product, i.e., it is traded on stock exchanges. [ 1 ][ 2 ][ 3 ] ETFs own financial assets such as stocks, bonds, currencies, debts, futures contracts, and/or commodities such as gold bars. Many ETFs provide some level of diversification compared to owning ...
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These ETFs have terrific track records, relatively low fees, and solid growth prospects. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach ...
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