Direxion Launches New Leveraged and Inverse ETFs for Cisco and Qualcomm Stocks
June 25th, 2025 1:00 PM
By: Newsworthy Staff
Direxion introduces four new ETFs offering amplified or inverse exposure to Cisco Systems, Inc. and QUALCOMM Incorporated, catering to experienced traders seeking short-term market movements.
Direxion has expanded its portfolio with the launch of four new Single Stock Daily Leveraged & Inverse ETFs, targeting Cisco Systems, Inc. (CSCO) and QUALCOMM Incorporated (QCOM). These funds, namely the Direxion Daily CSCO Bull 2X ETF (CSCL), Direxion Daily CSCO Bear 1X ETF (CSCS), Direxion Daily QCOM Bull 2X ETF (QCMU), and Direxion Daily QCOM Bear 1X ETF (QCMD), are designed for active traders looking to capitalize on short-term price movements in these technology stocks.
Douglas Yones, CEO of Direxion, emphasized the significance of Cisco and Qualcomm in the digital economy, highlighting the ETFs as tools for dynamic market engagement. However, these products are tailored for experienced traders with a high risk tolerance, offering no diversification benefits as they track single stocks rather than indices.
Investors are cautioned about the high degree of risk involved, including the potential for significant losses, especially since these ETFs are intended for daily trading and not long-term investment. The Direxion Leveraged and Inverse ETF Education Center provides resources for understanding these risks.
Source Statement
This news article relied primarily on a press release disributed by News Direct. You can read the source press release here,
