Direxion Daily Utilities Bull 3X Shares (UTSL) — ()
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Utilities Stocks Could Offer Investors Safe Haven Sector
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Sentiment: Positive ()
Market volatility is causing investors to seek the safety of uncorrelated assets like gold and bonds. However, the utilities sector could offer up a safe haven sector that traders could …
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5 Leveraged ETFs With Double-Digit Gains Halfway Through Q1
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Sentiment: Positive ()
We highlight a bunch of the best-performing leveraged equity ETFs halfway through the first quarter.
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About Direxion Daily Utilities Bull 3X Shares UTSL
The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index includes domestic companies from the utilities sector which includes the following industries: electric utilities; multi-utilities; water utilities and etc. The fund is non-diversified.