Direxion Daily GOOGL Bull 2X ETF (GGLL) NASDAQ

Currency In USD

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Direxion Daily GOOGL Bull 2X ETF

Address

1301 Avenue of the Americas, 28th Floor

New York City, 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

Key Executives

N/A
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Description

The Direxion Daily GOOGL Bull 2X ETF and its counterpart, the Direxion Daily GOOGL Bear 1X ETF, are designed to generate specific daily returns tied to the performance of Alphabet Inc.'s Class A shares (NASDAQ: GOOGL). Before accounting for fees and expenses, the Bull 2X ETF endeavors to provide daily investment results equivalent to 200% (or double) the daily movement of GOOGL stock, while the Bear 1X ETF aims for daily returns mirroring 100% of the inverse (or opposite) performance of Alphabet's Class A shares.

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