Finally, Direxion also offers Direxion Daily BRIC Bear 3X (NYSEArca: BRIS) which is specifically focused on the BRIC (Brazil, Russia, India, and China) markets, delivering 3 times daily inverse returns against the index that it tracks, the BNY Mellon BRIC Select ADR Index.
It is important to note that all of the funds mentioned are inverse and in some case leveraged based strategies, and are not meant to be longer term “buy and hold” type investment vehicles.
Rather, inverse and leveraged inverse funds such as these can be used opportunistically for short term trading strategies and or hedging, but constant monitoring and rebalancing is indeed recommended and necessary.
Direxion Emerging Markets Bear 3X
For more information on Street One ETF research and ETF trade execution/liquidity services, contact [email protected].
