Name of ETF: Direxion Daily Natural Gas Related Bull 3X Shares
Benchmark Index: ISE-Revere Natural Gas Index
Ticker Symbol: GASL
Types of Stocks Included in this ETF: Large and mid-sized publicly listed natural gas exploration and production companies.
Daily Target: 3x
Leveraged ETF: This ETF attempts to produce leveraged 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 results equal to 300% of the benchmark index performance.