Direxion Daily S&P Biotech Bear 3X Shares
This is an exchange-traded fund that provides triple the daily inverse return of the S&P Biotech Index. Traders and investors use it to profit from declines in biotech stocks or hedge against losses in that sector. It makes money by using derivatives like swaps to track the index's opposite performance, with fees from managing these positions.
This is an exchange-traded fund that provides triple the daily inverse return of the S&P Biotech Index. Traders and investors use it to profit from declines in biotech stocks or hedge against losses in that sector. It makes money by using derivatives like swaps to track the index's opposite performance, with fees from managing these positions.
This asset operates in the leveraged ETF sector, which uses financial derivatives to amplify daily returns. It specifically targets the biotech industry, betting against stock performance through inverse strategies. Investors use it for short-term hedging or speculative plays during market downturns
This asset operates in the leveraged ETF sector, which uses financial derivatives to amplify daily returns. It specifically targets the biotech industry, betting against stock performance through inverse strategies. Investors use it for short-term hedging or speculative plays during market downturns
