Growing Geopolitical Risk Can Push This ETF Higher
April 22, 2024 at 08:32 AM EDT
Geopolitical risks stemming from the Middle East is pushing oil prices higher and subsequently, defense stocks are also seeing some upside. In particular, the Direxion Daily Aerospace & Defense Bull 3X Shares ETF (DFEN) is pushing higher and could keep doing so as long as geopolitical risks remain elevated. The fund is up 12% within the past year [...] The post Growing Geopolitical Risk Can Push This ETF Higher appeared first on ETF Trends .
