Direxion launches new ETFs with 2X daily leverage: TIPL and TIPD

New ETFs offer 200% bullish and bearish exposure to TIPS

NEW YORK, April 7, 2022 /PRNewswire/ — Direxion has launched Direxion Daily TIPS Bull 2X shares (ticker: TIPL) and Direxion Daily TIPS Bear 2X shares (ticker: TIPD). The Funds seek to achieve 200%, or 200% of the inverse (or inverse), of the daily performance of the Solactive TIPS ETF Index.

The Solactive TIPS ETF Index provides exposure to US Treasury Inflation Protected Bonds, commonly referred to as “TIPS”. TIPS are securities issued by the US Treasury that are designed to provide inflation protection to investors. TIPS are income-generating instruments whose interest and principal payments are adjusted for inflation. Inflation is a sustained increase in prices that erodes the purchasing power of money






Net expenditure

Daily Direction
TIPS Bull 2X Shares



TIPS Solactive
ETF index



Daily Direction
TIPS Bear 2X



TIPS Solactive
ETF Index



* The Advisor has contractually agreed to waive some or all of its management fees
and/or reimburse the Fund for other expenses until September 1, 2023.

“After decades of virtually non-existent inflation, the prices of everything from cars to computers have jumped in recent months,” he said. David MazzaManaging Director, Product Manager at Direxion. “TIPL and TIPD allow traders to take amplified bullish or bearish positions in the US TIPS market.”

Like all leveraged ETFs, this Direxion product is intended only for investors who have a thorough understanding of the risks associated with seeking leveraged investment results and who plan to actively monitor and manage their positions. There can be no assurance that this Fund will achieve its objective.

About Direxion:

Direxion equips conviction-driven investors with purpose-built ETF solutions honed for precision. These solutions are available to a wide range of investors, whether they are executing short-term tactical trades or investing in thematic strategies. Direxion’s reputation is built on developing products that accurately express market insights and enable investors to manage their risk exposure. Founded in 1997, the company has approximately $28.6 billion of assets under management at March 31, 2022. For more information, visit www.direxion.com.

There can be no assurance that the Funds will achieve their investment objectives.

For more information on all of Direxion Shares’ daily leveraged ETFs, visit www.direxion.comor call us at 866.301.9214.

Leveraged ETFs are not suitable for all investors and should only be used by investors who understand the risks associated with seeking leveraged and inverse daily investment results, and who intend to actively monitor and manage their investments. Due to the day-to-day nature of the leveraged and inverse investment strategies employed, there is no guarantee of long-term inverse returns. Past performance does not represent future results.

An investor should carefully consider the investment objective, risks, charges and expenses of a Sub-Fund before investing. A Sub-Fund’s prospectus and simplified prospectus contain this and other information about the Direxion Shares. To obtain a Fund’s prospectus and summary prospectus, call 866-716-0735 or visit our website at direxion.com. A Fund’s prospectus and simplified prospectus should be read carefully before investing.

Direxion shares the risks – Investing in ETFs involves risk, including possible loss of principal. ETFs are not diversified and involve risks associated with concentration resulting from an ETF’s investments in a particular industry or sector, which can increase volatility. The use of derivatives such as futures and swaps is subject to market risks which may cause their price to fluctuate over time. ETFs do not attempt to provide returns that are a multiple of the performance of their respective index for periods other than a single day and should not be expected to do so. For other risks, including leverage, correlation, daily capitalization, market volatility and industry or sector specific risks, please read the prospectus.

The value of inflation-protected securities, including TIPS, will generally fluctuate in response to changes in “real” interest rates, generally decreasing when real interest rates rise and increasing when real interest rates fall . Real interest rates represent nominal (or stated) interest rates minus the expected impact of inflation. In addition, interest payments on inflation-linked securities will generally fluctuate up or down with the rate of inflation.

Distributor: Foreside Fund Services, LLC.

SOURCE direction

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