Direxion Rolls Out Leveraged Healthcare, Materials ETFs

Michael Johnston submits:Direxion rolled out the latest additions to its lineup of leveraged and inverse ETFs today, introducing products that offer 3x daily exposure to Russian equities and the global agribusiness sector. The new ETFs include:

Michael Johnston submits:ProShares continued to build out its suite of leveraged and inverse bond ETF offerings, debuting two new products on Thursday that offer leveraged exposure to corporate bonds. The new additions to a rapidly-expanding ETF product lineup include options for investors seeking amplified exposure to both investment grade and high yield corporate debt.

Michael Johnston submits:ProShares launched three new inverse ETFs on Thursday, bringing the number of single inverse equity and bond ETFs to 14. The new funds are the first to offer single inverse exposure to Chinese equities, real estate, and the basic materials sector.

Michael Johnston submits:Direxion is best known as the issuer that introduced investors to 3x leveraged ETFs, but the Boston-based firm has built out its offering of 2x leveraged funds in 2010. The expansion of that portion of Direxion’s product line continued today with the launch of four new leveraged ETFs, bring the company’s total leveraged ETF count to 38. The new ETFs launching today are:

Michael Johnston submits:ProShares, the largest issuer of leveraged and inverse ETFs, has filed for SEC approval on several additional products. The proposed funds include:

Michael Johnston submits:Direxion announced the expansion of its fixed income product line on Thursday with the launch of two leveraged ETFs targeting a short-term Treasury index. The Direxion Daily 2-Year Treasury Bull 3x Shares (TWOL) seeks 300% of the daily performance of the NYSE Arca Current 2-Year U.S. Treasury Index, a benchmark that consists of the most recently issued 2-year U.S. Treasury notes.

By Ron Rowland:DirexionShares announced this month it will close nine of its 3x leveraged ETFs. The affected funds target domestic sectors as well as certain emerging markets. Their shares will be de-listed from NYSE Arca as of the close on September 5, 2012, with the liquidation process to be completed a week later.

By Michael Johnston:ProShares is continuing its push to cement its status as the leading provider of alternatives ETFs, announcing today the launch of two more products offering exposure to volatility-related strategies. Currently the only issuer to offer VIX futures ETFs, ProShares debuted products offering inverse and leveraged exposure to an index comprised of short-term VIX futures contracts. The new ETFs include: