Latest news with #DouglasYones
CNBC
29-07-2025
- Business
- CNBC
Yones: Positive China news boosts Yin; negative headlines drive Yang
Douglas Yones, Direxion CEO, tells Worldwide Exchange traders are piling into leveraged China ETFs like Yin and Yang, with flows driven more by headlines than fundamentals.
Yahoo
30-03-2025
- Business
- Yahoo
This Week Brings New ETF Offerings Across Multiple Sectors
Major investment firms launched a flurry of new ETFs this week, with T. Rowe Price Group Inc. (TROW) expanding its active equity lineup and specialized providers rolling out leveraged single-stock products. These new ETFs show how firms are responding to investors who want both safety and opportunity in today's market and creating tools for long-term growth while also catering to short-term traders. T. Rowe Price added two transparent active equity ETFs to its lineup Thursday, bringing its total active ETF roster to 19 funds, according to the company's announcement. The T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) combines high-quality stocks with covered calls to maximize income while preserving principal, carrying a 0.34% expense ratio. The T. Rowe Price Hedged Equity ETF (THEQ) seeks long-term capital growth with reduced volatility by combining the firm's U.S. Structured Research Equity Strategy with a derivatives hedging approach designed to protect against market downturns, according to the press release. The fund has a 0.46% expense ratio and is managed by Sean McWilliams, who brings 15 years of investment experience. Westwood Holdings Group introduced an innovative approach to global investing with the Westwood LBRTY Global Equity ETF (BFRE). The fund employs TOBAM's methodology to systematically reduce exposure to companies subject to authoritarian governments while maintaining broad market exposure, according to a Thursday announcement. TOBAM, an investment management firm founded in 2006, developed the approach based on research suggesting that investors in countries with oppressive regimes face unrewarded risks and potential underperformance over time. GraniteShares announced the launch of three new leveraged single-stock ETFs Tuesday, offering bullish investors amplified exposure to companies in technology and digital media. The new ETFs—the GraniteShares 2x Long IONQ Daily ETF (IONL), the GraniteShares 2x Long VRT Daily ETF (VRTL) and the GraniteShares 2x Long RDDT Daily ETF (RDTL)—seek daily returns of 200% of their underlying stocks' performance before fees and expenses. Direxion also expanded its suite of single-stock leveraged and inverse ETFs, according to a Wednesday announcement, introducing trading pairs for Eli Lilly and Co. (LLY) and Palo Alto Networks Inc. (PANW). The new ETFs include the Direxion Daily LLY Bull 2X Shares (ELIL), the Direxion Daily LLY Bear 1X Shares (ELIS), the Direxion Daily PANW Bull 2X Shares (PALU) and the Direxion Daily PANW Bear 1X Shares (PALD). "These new ETFs give active traders an edge, whether they want to double down on momentum, or hedge against volatility, in two industry-leading stocks," said Douglas Yones, Direxion CEO, in the company's announcement. Principal Asset Management entered the active equity ETF space with the launch of the Principal Capital Appreciation Select ETF (LCAP). The fund targets investors seeking both stability and long-term growth, according to the company's press release, and will be managed by Toby Jayne and Dan Coleman. Allspring LT Large Growth ETF (AGRW) Allspring Special Large Value ETF (ASLV) Avantis U.S. Quality ETF (AVUQ) GlacierShares Nasdaq Iceland ETF (GLCR) JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) Polen High Income ETF (PCHI) FT Vest U.S. Equity Equal Weight Buffer ETF - March (RSMR) FT Vest Emerging Markets Buffer ETF - March (TMAR) Polen Floating Rate Income ETF (PCFI) YieldMax MSTR Short Option Income Strategy ETF (WNTR) iShares iBonds Dec 2035 Term Corporate ETF (IBCA) iShares iBonds Dec 2045 Term Treasury ETF (IBGB) iShares iBonds Dec 2055 Term Treasury ETF (IBGL) iShares iBonds 2032 Term High Yield and Income ETF (IBHL) iShares iBonds Oct 2035 Term TIPS ETF (IBIL) iShares iBonds Dec 2031 Term Muni Bond ETF (IBMT) iShares iBonds Dec 2035 Term Treasury ETF (IBTQ) Cambria Fixed Income Trend ETF (CFIT) Leverage Shares 2X Long Adobe Daily ETF (ADBG) Leverage Shares 2X Long Robinhood Markets Daily ETF (HOOG) Leverage Shares 2X Long Palo Alto Networks Daily ETF (PANG)Permalink | © Copyright 2025 All rights reserved Sign in to access your portfolio
Yahoo
28-03-2025
- Business
- Yahoo
This Week Brings New ETF Offerings Across Multiple Sectors
Major investment firms launched a flurry of new ETFs this week, with T. Rowe Price Group Inc. (TROW) expanding its active equity lineup and specialized providers rolling out leveraged single-stock products. These new ETFs show how firms are responding to investors who want both safety and opportunity in today's market and creating tools for long-term growth while also catering to short-term traders. T. Rowe Price added two transparent active equity ETFs to its lineup Thursday, bringing its total active ETF roster to 19 funds, according to the company's announcement. The T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) combines high-quality stocks with covered calls to maximize income while preserving principal, carrying a 0.34% expense ratio. The T. Rowe Price Hedged Equity ETF (THEQ) seeks long-term capital growth with reduced volatility by combining the firm's U.S. Structured Research Equity Strategy with a derivatives hedging approach designed to protect against market downturns, according to the press release. The fund has a 0.46% expense ratio and is managed by Sean McWilliams, who brings 15 years of investment experience. Westwood Holdings Group introduced an innovative approach to global investing with the Westwood LBRTY Global Equity ETF (BFRE). The fund employs TOBAM's methodology to systematically reduce exposure to companies subject to authoritarian governments while maintaining broad market exposure, according to a Thursday announcement. TOBAM, an investment management firm founded in 2006, developed the approach based on research suggesting that investors in countries with oppressive regimes face unrewarded risks and potential underperformance over time. GraniteShares announced the launch of three new leveraged single-stock ETFs Tuesday, offering bullish investors amplified exposure to companies in technology and digital media. The new ETFs—the GraniteShares 2x Long IONQ Daily ETF (IONL), the GraniteShares 2x Long VRT Daily ETF (VRTL) and the GraniteShares 2x Long RDDT Daily ETF (RDTL)—seek daily returns of 200% of their underlying stocks' performance before fees and expenses. Direxion also expanded its suite of single-stock leveraged and inverse ETFs, according to a Wednesday announcement, introducing trading pairs for Eli Lilly and Co. (LLY) and Palo Alto Networks Inc. (PANW). The new ETFs include the Direxion Daily LLY Bull 2X Shares (ELIL), the Direxion Daily LLY Bear 1X Shares (ELIS), the Direxion Daily PANW Bull 2X Shares (PALU) and the Direxion Daily PANW Bear 1X Shares (PALD). "These new ETFs give active traders an edge, whether they want to double down on momentum, or hedge against volatility, in two industry-leading stocks," said Douglas Yones, Direxion CEO, in the company's announcement. Principal Asset Management entered the active equity ETF space with the launch of the Principal Capital Appreciation Select ETF (LCAP). The fund targets investors seeking both stability and long-term growth, according to the company's press release, and will be managed by Toby Jayne and Dan Coleman. Allspring LT Large Growth ETF (AGRW) Allspring Special Large Value ETF (ASLV) Avantis U.S. Quality ETF (AVUQ) GlacierShares Nasdaq Iceland ETF (GLCR) JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) Polen High Income ETF (PCHI) FT Vest U.S. Equity Equal Weight Buffer ETF - March (RSMR) FT Vest Emerging Markets Buffer ETF - March (TMAR) Polen Floating Rate Income ETF (PCFI) YieldMax MSTR Short Option Income Strategy ETF (WNTR) iShares iBonds Dec 2035 Term Corporate ETF (IBCA) iShares iBonds Dec 2045 Term Treasury ETF (IBGB) iShares iBonds Dec 2055 Term Treasury ETF (IBGL) iShares iBonds 2032 Term High Yield and Income ETF (IBHL) iShares iBonds Oct 2035 Term TIPS ETF (IBIL) iShares iBonds Dec 2031 Term Muni Bond ETF (IBMT) iShares iBonds Dec 2035 Term Treasury ETF (IBTQ) Cambria Fixed Income Trend ETF (CFIT) Leverage Shares 2X Long Adobe Daily ETF (ADBG) Leverage Shares 2X Long Robinhood Markets Daily ETF (HOOG) Leverage Shares 2X Long Palo Alto Networks Daily ETF (PANG)Permalink | © Copyright 2025 All rights reserved Sign in to access your portfolio
Yahoo
26-03-2025
- Business
- Yahoo
Direxion Expands Single Stock Leveraged & Inverse ETF Lineup for Exposure to Eli Lilly & Palo Alto Networks
Extends Leadership Role with First-Ever Palo Alto Networks Trading Pair, Alongside New Pharma Trades NEW YORK, NY / / March 26, 2025 / Direxion, a pioneer in Single Stock Leveraged and Inverse ETFs, expanded its suite of high-powered trading tools with the launch of four new funds tracking the performance of Eli Lilly and Company (LLY) and Palo Alto Networks, Inc. (PANW). These funds provide traders with amplified, or inverse, exposure to two of the most dynamic sectors - pharmaceuticals and cybersecurity - through the Direxion Daily LLY Bull 2X Shares (Ticker: ELIL) and Direxion Daily LLY Bear 1X Shares (Ticker: ELIS), or the Direxion Daily PANW Bull 2X Shares (Ticker: PALU) and Direxion Daily PANW Bear 1X Shares (Ticker: PALD). "These new ETFs give active traders an edge, whether they want to double down on momentum, or hedge against volatility, in two industry-leading stocks," said Douglas Yones, CEO of Direxion. "Eli Lilly's innovation in healthcare, and Palo Alto Networks' in cybersecurity, make them prime candidates for our growing suite of tactical trading tools. We remain committed to launching new ETF solutions for short-term traders, with more to come in the near future." As ground-breaking products built for active traders, Direxion's pairs of single stock leveraged and inverse ETFs are meant to be used for short-term trading purposes. Leveraged and inverse single stock ETFs should not be viewed as buy and hold investments, but rather trading tools for traders with a high-risk tolerance. In addition, unlike traditional ETFs, or even other levered and/or inverse ETFs, these ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification. All Direxion leveraged and inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objective. Please visit the Direxion Leveraged and Inverse ETF Education Center, where you will find educational brochures, videos, and a self-paced online course to help you understand if leveraged and inverse ETFs - including single stock ETFs - are right for you. About Direxion: Direxion equips investors who are driven by conviction with ETF solutions built for purpose and fine-tuned for precision. These solutions are available for a broad spectrum of investors, whether executing short-term tactical trades, or investing in thematic strategies. Direxion's reputation is founded on developing products that precisely express market perspectives and allow investors to manage their risk exposure. Founded in 1997, the company has approximately $47.0 billion in assets under management as of December 31, 2024. For more information, please visit There is no guarantee that the Funds will achieve their investment objectives. For more information on all Direxion Shares ETFs, go to or call us at 866.301.9214. An investor should carefully consider a Fund's investment objective, risks, charges, and expenses before investing. A Fund's prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a prospectus and summary prospectus call 866.476.7523 or visit our website at A Fund's prospectus and summary prospectus should be read carefully before investing. Investing in the funds involves a high degree of risk. Unlike traditional ETFs, or even other leveraged and/or inverse ETFs, these leveraged and/or inverse single-stock ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification. Leveraged and inverse ETFs pursue daily leveraged investment objectives, which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying stock's performance over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments. The Funds will lose money if the underlying stock's performance is flat, and it is possible that the Bull Fund will lose money even if the underlying stock's performance increases, and the Bear Fund will lose money even if the underlying stock's performance decreases, over a period longer than a single day. Investing in the Funds is not equivalent to investing directly in LLY or PANW. Direxion Shares Risks - An investment in a Fund involves risk, including the possible loss of principal. Each Fund is non-diversified and includes risks associated with a Fund concentrating its investments in a particular security, industry, sector, or geographic region which can result in increased volatility. A Fund's investments in derivatives such as futures contracts and swaps may pose risks in addition to, and greater than, those associated with directly investing in securities or other investments, including imperfect correlations with underlying investments or the Fund's other portfolio holdings, higher price volatility and lack of availability. As a result, the value of an investment in a Fund may change quickly and without warning. Leverage Risk - The Bull Fund obtains investment exposure in excess of its net assets by utilizing leverage and may lose more money in market conditions that are adverse to its investment objective than a fund that does not utilize leverage. A total loss may occur in a single day. Leverage will also have the effect of magnifying any differences in the Fund's correlation with LLY or PANW and may increase the volatility of the Bull Fund. Daily Correlation Risk - A number of factors may affect the Bull Fund's ability to achieve a high degree of correlation with LLY or PANW and therefore achieve its daily leveraged investment objective. The Bull Fund's exposure to LLY or PANW is impacted by LLY or PANW's movement. Because of this, it is unlikely that the Bull Fund will be perfectly exposed to LLY or PANW at the end of each day. The possibility of the Bull Fund being materially over- or under-exposed to LLY or PANW increases on days when LLY or PANW is volatile near the close of the trading day. Daily Inverse Correlation Risk - A number of factors may affect the Bear Fund's ability to achieve a high degree of inverse correlation with LLY or PANW and therefore achieve its daily inverse investment objective. The Bear Fund's exposure to LLY or PANW is impacted by LLY or PANW's movement. Because of this, it is unlikely that the Bear Fund will be perfectly exposed to LLY or PANW at the end of each day. The possibility of the Bear Fund being materially over- or under-exposed to LLY or PANW increases on days when LLY or PANW is volatile near the close of the trading day. Eli Lilly and Company Investing Risk - Issuer-specific attributes may cause an investment held by the Fund to be more volatile than the market generally. Eli Lilly and Company faces risks associated with: costly and uncertain research and development of its products; maintaining intellectual property protections; intense competition from multinational pharmaceutical companies, biotechnology companies, and lower-cost generic and biosimilar manufacturers; increasing government price controls and other public and private restrictions on pricing, reimbursement, and access for its drugs; the development of safety or efficacy concerns; among other risks.. Pharmaceutical Industry Risk - The profitability of pharmaceutical companies is highly dependent on the development, procurement and marketing of drugs and the development, protection and exploitation of intellectual property rights and other proprietary information. These companies may be significantly affected by the expiration of patents or the loss of, or the inability to enforce, intellectual property rights. Healthcare Sector Risk - Companies in the healthcare sector may be affected by extensive, costly and uncertain government regulation, rising costs of medical products and services, changes in the demand for medical products and services, an increased emphasis on outpatient services, limited product lines, industry innovation and/or consolidation, changes in technologies and other market developments. Palo Alto Networks, Inc. Investing Risk - Issuer-specific attributes may cause an investment held by the Fund to be more volatile than the market generally. Palo Alto Networks, Inc. faces risks associated with: development of new products and services may be difficult; may be unable to attract new customers; reliance on channel partners; credit and liquidity risk of customers; sales to government entities may be subject to greater scrutiny; intense competition; among other risks. Information Technology Sector Risk - The value of stocks of information technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation, and competition, both domestically and internationally, including competition from competitors with lower production cost. Additional risks of each Fund include Effects of Compounding and Market Volatility Risk, Derivatives Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Industry Concentration Risk, Market Risk, Indirect Investment Risk, and Cash Transaction Risk. Additionally, for the Direxion Daily LLY Bear 1X Shares and Direxion Daily PANW Bear 1X Shares, Shorting or Inverse Risk. Please see the summary and full prospectuses for a more complete description of these and other risks of a Fund. Distributor: ALPS Distributors, Inc. Contact Details Ditto Public Relations Danielle Black, AD direxion@ Company Website SOURCE: DIREXION View the original press release on ACCESS Newswire
Yahoo
13-02-2025
- Business
- Yahoo
Direxion Launches 2 Leveraged AMD ETFs Amid AI Chip Race
Direxion is expanding its single-stock ETF lineup with two new funds tracking Advanced Micro Devices (AMD), as the semiconductor company pushes deeper into artificial intelligence and data center markets, according to a company announcement Wednesday. The launch is pivotal for AMD, which recently reported a 24% year-over-year revenue increase to $7.66 billion in its fourth quarter. The new exchange-traded funds offer traders concentrated exposure to AMD's stock amid growing competition in the AI chip market, where the company aims to challenge Nvidia Corp.'s (NVDA) dominance. The new funds—the Direxion Daily AMD Bull 2X Shares (AMUU) and Direxion Daily AMD Bear 1X Shares (AMDD)—allow traders to take leveraged positions on AMD's daily performance, according to the announcement. "AMD has a wealth of digital semiconductor expertise and is well-positioned to prosper from continued favorable trends in both artificial intelligence and data centers," said Direxion CEO Douglas Yones in the press release. The ETF provider's move follows AMD's strategic shift toward AI chip development, marked by a 4% reduction in its global workforce announced in November 2024, according to Reuters. The company's data center segment saw revenue more than double in the last quarter, according to company filings, though AMD's stock declined more than 5% in extended trading after the earnings announcement due to lower-than-expected data center sales. AMD CEO Lisa Su confirmed plans to launch next-generation RDNA 4 GPUs in early 2025, according to The Verge, highlighting the company's continued focus on gaming and graphics technology. The new AMD ETFs join Direxion's existing semiconductor single-stock funds, which track companies including Nvidia, Taiwan Semiconductor Manufacturing (TSM), Broadcom Inc. (AVGO), and Micron Technology Inc. (MU). Direxion emphasizes these products are meant for short-term trading rather than buy-and-hold investing, noting in filing documents that the funds involve "a high degree of risk" and are intended only for investors who actively monitor their positions. With 87 ETFs traded on US markets, Direxion ETFs have total assets under management of $40.3 billion, according to data. Its largest fund is the $9.3 billion Direxion Daily Semiconductor Bull 3x Shares (SOXL).Permalink | © Copyright 2025 All rights reserved Sign in to access your portfolio
