Alternative Investments: Direxion Launches Inverse ETFs To Bet Against Amazon, Google, And Microsoft

September 8, 2022 | Alternative Investments, News

The Direxion ETFs allow active traders to obtain inverse exposure to the daily performance of the common stocks of Amazon, Google or Microsoft.

Direxion, provider of tradeable and thematic ETFs, announced the launch of an additional six single stock leveraged and inverse ETFs, listing on the NASDAQ. These new ETFs follow on the firm’s previously introduced four single stock leveraged and inverse ETFs, namely TSLL, TSLS, AAPU, and AAPD. (Yahoo Finance)

The new ETFs are as follows:

Direxion Daily AMZN Bull 1.5X Shares


Direxion Daily AMZN Bear 1X Shares


Direxion Daily GOOGL Bull 1.5X Shares


Direxion Daily GOOGL Bear 1X Shares


Direxion Daily MSFT Bull 1.5X Shares


Direxion Daily MSFT Bear 1X Shares


“Amazon, Google and Microsoft are three of the world’s largest stocks, are heavily traded, and are widely recognized,” said Managing Director and Head of Product, David Mazza. “The ability to express short-term views on single stocks using a Bull or Bear fund is an excellent way for traders to respond tactically to potential company events and market moves.”

The features of these single stock ETFS are:

· Built for active traders

· Meant to be used for short-term trading purposes

· Should not be viewed as buy and hold investments

· Rather they are trading tools for traders with a high risk tolerance

· Unlike traditional ETFs, or even other levered and/or inverse ETFs, these ETFs track the price of a single stock rather than an index

· They therefore eliminate the benefits of diversification

· The ETFs do not invest directly in Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOGL) or Microsoft (NASDAQ: MSFT)

· Intended only for investors with an in-depth understanding of the risks associated with seeking leveraged or inverse investment results

· Meant for traders who plan to actively monitor and manage their positions

· There is no guarantee these ETFs will meet their objective

Related Story: Direxion Launches Four Single Stock Leveraged ETFs Including Inverse 1X Apple And Tesla

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News©ParisTsitsosforLivinFarms-scaled.jpg
Venture Capital: LIVIN Farms, A Provider Of Bugs On Subscription, Raises €6M Series A

LIVIN Farms, an industrial technology provider in the alternative protein industry, has developed HIVE PRO, a fully automated process that allows waste management companies and large scale food producers to…
Digital Assets: Sam Bankman-Fried’s FTX US Wins Auction For Voyager Digital’s Bankruptcy Assets With $1.4B Bid
September 28, 2022     Digital Assets, News

West Realm Shires Inc., dba FTX US, has won the bankruptcy auction for the assets of Voyager Digital with a bid of about $1.422 billion. It was held to be…
Artificial Intelligence: Clearview Nabs Patent For Technology That Creates Bias-Free Algorithms

Clearview AI announced its win of the “Scalable Training Data Preparation Pipeline And Efficient Distributed Trainer For Deep Neural Networks In Facial Recognition” patent (U.S. Patent No. 11,443,553) issued by…
Alternative Investments/ESG: The Newday Sustainable Development Equity ETF

Newday offers portfolios addressing the world’s most pressing environmental and social issues including climate action, ocean health, clean water, diversity, equity and inclusion, wildlife conservation and animal welfare, and stakeholder…