| NASDAQ (NMS) Exchange | US Country |
The Direxion Daily ORCL Bull 2X ETF and Direxion Daily ORCL Bear 1X ETF are designed to provide investors with the opportunity to gain leveraged exposure to the performance of Oracle Corporation's common shares, listed on the New York Stock Exchange under the ticker symbol ORCL. The Bull 2X ETF aims for daily investment results equal to 200% of Oracle's performance, while the Bear 1X ETF seeks to achieve results that are 100% the inverse of Oracle's performance, allowing investors to capitalized on market movements effectively. These investment vehicles can be an essential part of an aggressive trading strategy, offering opportunities for profit in both rising and falling market conditions associated with Oracle stock.
This ETF aims to provide double the returns of Oracle Corporation's stock performance on a daily basis. As such, if Oracle’s shares rise by 1% in a day, the Bull ETF is designed to increase by approximately 2%. This product is suited for traders looking to capitalize on short-term upward movements in Oracle's stock, through amplified exposure to potential gains, while also being mindful of the increased risk and volatility associated with leveraged funds.
This ETF seeks to deliver 100% of the inverse of Oracle Corporation's stock performance. Therefore, if Oracle’s shares decline by 1% in a day, the Bear ETF is expected to rise by around 1%. This product is particularly advantageous for investors looking to hedge their portfolios or to capitalize on declining market trends concerning Oracle's stock, offering a more direct way to benefit from downward price movements.