Direxion Launches First-Ever Relative Weight ETFs English

Direxion announced it has launched the first 10 ETFs of its new Relative Weight suite, part of a firm evolution offering new products to help a wider swath of investors more precisely express market views.

With the launch, Direxion offers the first relative value strategy in an index-based fund, allowing investors to capture both sides of an expressed view—whether they believe, for example, value will outperform growth, emerging will outperform developed markets, or vice versa.