Direxion Launches Four Leveraged and Inverse ETFs to Reflect GICS® Sector Updates
Direxion has added four ETFs to its Daily Leveraged and Inverse Sector ETF lineup, reflecting recent Global Industry Classification Standard (GICS®) sector changes. These new ETFs offer exposure to the existing Consumer Staples sector and to the Consumer Discretionary sector, updated by S&P Dow Jones in September 2018.
| ETF Name | Symbol | Benchmark | Gross Expense Ratio |
Net Expense Ratio |
| Direxion Daily Consumer Discretionary Bull 3X Shares |
WANT | Consumer Discretionary Select Sector Index |
1.02% | 1.01% |
| Direxion Daily Consumer Discretionary Bear 3X Shares |
PASS | Consumer Discretionary Select Sector Index |
0.98% | 0.97% |
| Direxion Daily Consumer Staples Bull 3X Shares |
NEED | Consumer Staples Select Sector Index |
1.02% | 1.01% |
| Direxion Daily Consumer Staples Bear 3X Shares |
LACK | Consumer Staples Select Sector Index |
0.98% | 0.97% |