TMV

Direxion Shares ETF Trust

A specialist maker of exchange-traded funds (ETFs) that let active traders bet on markets moving up, down, or at amplified speed. Its leveraged funds aim to deliver two or three times an index's daily move, while inverse funds aim to profit when markets fall. Founded in 1997 as an investment manager, Direxion launched its first ETFs in 2008 — among the first in the industry to offer three-times leverage. Its name is commonly read as a play on "direction," a nod to helping investors take a directional view of the market.

Daily 20+ Year Treasury Bear 3X Shares