Direxion Daily GOOGL Bear 1X ETF (GGLS) 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 16, 2022
These Direxion funds, the Daily GOOGL Bull 2X ETF and the Daily GOOGL Bear 1X ETF, are structured to achieve distinct daily investment outcomes, not including costs and charges. The Bull ETF endeavors to yield twice the daily performance of Alphabet Inc.'s (NASDAQ: GOOGL) Class A shares, whereas the Bear ETF aims for returns equivalent to the single inverse (or opposite) daily movement of these same shares.