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

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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.
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