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<p>Direxion has launched four new 2X leveraged ETFs for Adobe, PayPal, Texas Instruments, and UnitedHealth, targeting high-risk, short-term trades. These funds aim to provide traders with amplified exposure to individual stocks, reflecting a shift towards event-driven strategies. Each ETF seeks to deliver 200% of the daily performance of its underlying stock, catering to active traders rather than long-term investors. The new offerings highlight the growing interest in single-stock ETFs as investors move away from passive strategies.</p>

- Direxion has launched four new single-stock leveraged ETFs that focus on Adobe, PayPal, Texas Instruments, and UnitedHealth, reflecting a shift towards stock-specific trading.  
- The new funds aim to attract tactical traders interested in capitalizing on near-term momentum and are characterized by 2X daily leverage.  
- With a focus on event-driven strategies, these ETFs provide targeted exposure to specific sectors but carry significant risks, making them suitable primarily for active short-term trading rather than long-term investments.

benzinga_article

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Adobe, PayPal, UnitedHealth Just Got 2X ETFs — Direxion Builds Out The Leverage Trade

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Adobe, PayPal, UnitedHealth Just Got 2X ETFs — Direxion Builds Out The Leverage Trade