Ultra Short

Direxion, the ETF issuer known for its bull and bear leveraged funds, has just launched another four ETFs with double exposure. The new ETFs will provide long and short access to both the retail and natural gas industries. The following are the four recently launched funds: 1.  Direxion Daily Retail Bull 2X Shares (RETL) 2.  [...]

Planning for the future, Direxion has filed with the SEC to create 36 new funds. 34 of these will be bullish and bearish triple leveraged funds, all pending during the heat of a SEC review. Following the popularity of geographically centered ETFs, many of the new funds will be leveraged around a portfolio of stocks [...]

ProShares has filed with the SEC to create five new leveraged or inverse funds, expanding the already largest lineup of leveraged products by any one issuer. The new funds tackle popular sectors such as China, bio-tech, basic materials and real estate. The five new funds are: 1. Short FTSE/Xinhua China (YXI) 2. Ultra Nasdaq Biotechnology [...]

In furthering its hold in the niche market, ProShares has filed to create 16 new exchange-traded funds, all of which will be triple leveraged. The funds look to be a threat to Direxion, another fund company which has competed directly with ProShares for the leveraged space. The 16 new funds are as follows: 1. UltraPro [...]

Volume on US Treasury ETFs grew 10% higher than the average as investors took bets on how this week’s record issuance would be received by investors. The Treasury will auction a record of $118 billion in debt this week alone. Today, the US Treasury auctioned $44 billion worth of two-year notes to strong bidding from [...]

Despite the CTFC-inspired closure of the Direxion 3x Oil ETF Fund (DXO), Direxion is still planning to introduce additional leveraged products. The four new funds, however, will avoid the questionable commodities sectors and instead look for more traditional ETF plays. The following are the four proposed funds: 1. Direxion Daily S&P 500 Bull 3x Shares [...]

In a move that could bring a sweeping overhaul to the leveraged exchange-traded fund business, Direxion will change many of its funds from daily to monthly compounding. The company will first test the change on a series of mutual funds and could bring the modified funds to market with its thriving ETF business. Direxion believes [...]

With the S&P 500 retouching the psychological 1,000 barrier, investors are beginning to flow back into double leveraged funds. Inverse leverage fund volume indicates that traders may not be willing to continue the market’s rally. Direxion Daily Financial Bear 3X Shares (FAZ: Quote, Profile, Advanced Chart, News) is one of the largest movers, with the [...]

FINRA is proposing a new overhaul in how much leverage is granted by brokers to buy leveraged exchange-traded funds. Currently, investors can leverage as much as 12 times the daily return of an index by purchasing a 3x leveraged ETF with already leveraged broker margin. FINRA allows for 25% margin on long ETFs and 30% [...]

ProShares has announced an immediate launch of a new reverse Treasury ETF designed to track the inverse return of long dated Treasuries. The new fund launches just before the Fed halts its Treasury purchase program, which many analysts believe will send the price of Treasuries lower. The new fund, named ProShares Short 20+ Year Treasury [...]