Amazon, Alphabet Targets of Latest Single-Stock ETFs

The firm launched six new funds covering key U.S. stocks.

Reviewed by: Heather Bell
Edited by: Heather Bell

Direxion added six more exchange-traded funds Wednesday to its lineup of leveraged and inverse single-stock ETFs. The six funds offer one time inverse and 1.5x leveraged exposure to the stocks of Inc., Alphabet Inc. (Google’s parent company) and Microsoft Corp. 

The ETFs and their tickers are as follows: 

All six products come with expense ratios of 0.97% and list on the Nasdaq exchange. 

The new additions to Direxion’s lineup bring the total number of leveraged/inverse single-stock ETFs the company offers to 10 and the total number of such products trading on U.S. exchanges to 22, when taking into account the additional offerings from GraniteShares and AXS Investments. 

There are numerous single-stock leveraged and inverse ETFs still in registration, with Kurv Investment Management Inc., a new brand in the ETF industry, still waiting on the sidelines with its 20-ETF filing. Other firms have filed for long-only ETFs covering individual foreign securities.  


Contact Heather Bell at [email protected] 

Heather Bell is a former managing editor of She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a graduate of Dartmouth college and resides in the Denver area with her two dogs.