Direxion Switches to S&P Indices for 8 ETFs

silicon_beaver

The modifications are effective as of June 29, 2012. (See below table)

Fund Name	Old Ticker	New Ticker	Old Index	New Index
Direxion Daily Large Cap Bull 3x Shares	BGU	SPXL	Russell 1000	S&P 500
Direxion Daily Large Cap Bear 3x Shares	BGZ	SPXS	Russell 1000	S&P 500
Direxion Daily Mid Cap Bull 3x Shares	MWJ	MIDU	Russell Mid Cap	S&P Mid Cap 400
Direxion Daily Mid Cap Bear 3x Shares	MWN	MIDZ	Russell Mid Cap	S&P Mid Cap 400
Direxion Daily Technology Bull 3x Shares	TYH	TECL	Russell 1000 Technology	Technology Select Sector
Direxion Daily Technology Bear 3x Shares	TYP	TECS	Russell 1000 Technology	Technology Select Sector
Direxion Daily Energy Bull 3x Shares	ERX	No Change	Russell 1000 Energy	Energy Select Sector
Direxion Daily Energy Bear 3x Shares	ERY	No Change	Russell 1000 Energy	Energy Select Sector

News link:  Direxion Switches to S&P Indices for 8 ETFs

NZX

greenback

Now they are in direct competition with ProShares Inc.

Cobra

greenback 发表于 2012-7-4 04:43 PM
Now they are in direct competition with ProShares Inc.

They should have changed this long time ago, following an unpopular index is not wise. Simply because it's Russell 1000, so when there's UPRO and SPXU, I decide to use those 2 instead. I believe lots of people had the same thought like me. They lost customers already!

greenback

Cobra 发表于 2012-7-4 05:56 PM
They should have changed this long time ago, following an unpopular index is not wise. Simply beca ...

That's for sure ...

tcm328pan

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Thanks LaoDa!!!

sandera