Direxion Shares ETF Trust registered 2 new fund series on Form 485APOS, filed 2022-12-29. Featured series: Direxion Daily NYSE FANG+ Bear 1X Shares.
| Series | Class | Ticker | New |
|---|---|---|---|
| Direxion Daily NYSE FANG+ Bear 1X Shares | Direxion Daily NYSE FANG+ Bear 1X Shares | — | Yes |
| Direxion Daily NYSE FANG+ Bear 2X Shares | Direxion Daily NYSE FANG+ Bear 2X Shares | — | Yes |
The Fund seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day.