Direxion Daily AMZN Bull 2X ETF (AMZU) NASDAQ
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Address
1301 Avenue of the Americas, 28th Floor
New York, NY 10019
United States of America (the)
Phone
1-866-476-7523
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
September 07, 2022
The Direxion Daily AMZN Bull 2X ETF and the Direxion Daily AMZN Bear 1X ETF are designed to achieve distinct daily investment returns, calculated before any fees or operating expenses. The Bull 2X ETF aims to deliver daily results equivalent to two times (200%) the performance of Amazon.com, Inc. (NASDAQ: AMZN) common stock. Conversely, the Bear 1X ETF seeks to generate daily returns that mirror the inverse (or opposite) performance of AMZN's shares.