Company Name:: Direxion Daily FTSE Europe Bull 3x Shares
Benchmark Index: FTSE Developed Europe Index
Ticker Symbol: EURL
Types of Companies Included: Companies throughout developed Europe.
Leveraged ETF: This ETF is a leveraged ETF which means the ETF attempts to produce daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 3x (300%). This means the ETF is seeking a daily target equal to 300% of the benchmark index.
Leverage Risk: Leveraged ETFs are widely regarded as instruments for sophisticated investors only. Substantial losses can occur in a short period of time. Leveraged ETFs should only be used by experienced investors who understand leverage risk and are willing to monitor their positions.
Related Links:
List of ETFs Focusing on Europe