Direxion Daily MSFT Bear 1X ETF (MSFD) NASDAQ
Currency In USD
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Currency In USD
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 08, 2022
These two Direxion Daily ETFs, the Direxion Daily MSFT Bull 2X ETF and the Direxion Daily MSFT Bear 1X ETF, are designed to generate specific daily investment returns, prior to deducting any fees or expenses. Their objective is to reflect the daily performance of Microsoft Corporation's common stock (NASDAQ: MSFT). The Bull 2X ETF endeavors to provide double (200%) the positive daily return of MSFT, while the Bear 1X ETF aims to deliver the exact inverse (100%) of MSFT's daily stock performance.