Direxion 3X Russell Funds (TNA)

[3xBuBu]

3X U.S. Tech, Developed and Emerging International ETFs

Fresh off a Wall Street Journal piece suggesting many of the end-of-day spikes in equity trading of late have been a direct result of the rapid growth in leveraged ETFs, Direxion launched its follow-up batch of 3X ETFs Wednesday, the first of their kind respectively. The new funds offer investors triple exposure to two MSCI indexes covering Developed ex-U.S. (EAFE) Markets and Emerging Markets, as well as the Russell 1000 Technology Index.

Developed Markets: DZK PPK
Emerging Markets: EDC EDZ
Technology: TYH TYP