Overview
Description
Direxion Daily Meta Bull 2X Shares is an exchange-traded fund designed to amplify returns by two times the daily performance of the Roundhill Ball Metaverse Index. Its primary function is to aggressively track and multiply the movements of the metaverse-focused equities within this index. The fund caters to the growing interest in the metaverse, a digital space that merges virtual and augmented realities with the internet, encompassing sectors such as digital social environments, 3D software platforms, and immersive virtual experiences. Direxion Daily Meta Bull 2X Shares serves as a tool for investors seeking leveraged exposure to companies that are at the technological forefront of the metaverse evolution, involving industries spanning from gaming and entertainment to tech infrastructure and social media. By providing leveraged exposure, this fund allows market participants to engage with the metaverse sector in a concentrated, higher-risk capacity, reflecting its specialized role within the broader landscape of thematic and leveraged investment strategies.
About
Address
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Phone
866-476-7523
Website
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Instrument type
ETF
Country
United States
MIC code
XNMS