19.66 billion USD
0.35% - 1.37%
If you plan to invest in ETFs, you must have heard about Direxion and considered it an option. But what exactly is Direxion?
In the world of Exchange-traded funds or ETFs, the ETF issuer or provider plays an important role. Since the market begins and ends with the issuer, understanding it is crucial for you as an investor.
Let's get into it!
Direxion is a well-known ETF issuer for its leveraged and inverse ETFs. Further, it has non-leveraged funds in its exchange-traded product line.
The firm offers a variety of ETFs. Like any successful fund provider, they have quite a few ETFs in development.
Direxion has a total of 74 ETFs traded on the U.S. markets. Further, it has a total of $21.29 billion worth of assets under management.
Thus, if you plan on investing through its ETFs, you'll find ample opportunities in Direxion.
Since 1997, the company has grown its assets. As of December of 2019, Direxion manages an investment worth $15 billion. Moreover, Direxion has four offices operating in the U.S. and Hong Kong.
With such an AUM, Direxion can be a great option to consider should you plan on investing in ETFs.
Direxion is not an entire hedge fund, but they do have one if you prefer it more than ETFs. Their hedge fund is the Direxion Dynamic Hedge ETF.
In general, a hedge fund is an investment company that invests its clients' money in alternative investments. It tries to either beat the market or hedge against unforeseen market changes.
Direxion offers great promise with its significant experience and performance. Thus, it can be wise to take a more in-depth look into the company and conduct further research.
Isn't Direxion right for you? Check its best alternatives.