This Week’s ETF Launches: Direxion Dials It up and Down

This week’s round of new exchange traded funds (ETFs) came courtesy of one issuer: Direxion. Known for its suite of leveraged and inverse ETFs, Direxion has become a popular favorite fund sponsor among traders and shorter-termed investors. It’s a popular issuer among ETF pundits as well – thanks to its clever tickers. This week, it received two more ways to potential juice its returns or take a contrarian view on a sector.