Direxion launched five new leveraged exchange traded funds Wednesday that provide exposure to areas affected by changing U.S. policies.
The launch further expands its existing lineup of more than 75 leveraged and inverse ETFs.
Direxion Managing Director Sylvia Jablonski said the new Trump Administration in Washington, D.C. comes with new policies that have the potential to affect the capital markets landscape.
“We aim to provide traders with ways to capitalize on opportunities created by those new policies,” Jablonski said.
Dow Jones U.S. Select Aerospace & Defense Index (DFEN) seeks daily investment results, before fees and expenses, of 300% of the performance of the Dow Jones U.S. Select Aerospace & Defense Index.