Coming Soon
The information in this Prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. The Prospectus below is not an offer to sell these securities and is not soliciting an offer to buy these securities in any state where the offer or sale is permitted.
Seeks 200% of the daily performance of Anthropic
Seeks 200% of the inverse daily performance of Anthropic
What to know about the Direxion Daily Anthropic Bull 2X ETF (CLAU) and Direxion Daily Anthropic Bear 2X ETF (CLAD) ahead of launch.
The Direxion Daily Anthropic Bull 2X ETF (CLAU) seeks daily investment results, before fees and expenses, of 200% of the daily performance of Anthropic. The Direxion Daily Anthropic Bear 2X ETF (CLAD) seeks daily investment results, before fees and expenses, of 200% of the inverse of the daily performance of Anthropic.
There is no guarantee the Funds will meet their stated investment objectives.
Both funds are based on Anthropic, but they seek opposite daily results. CLAU (Bull) seeks 200% of Anthropic’s daily performance, so it is designed to rise on days the stock rises. CLAD (Bear) seeks 200% of the inverse of that daily performance, so it is designed to rise on days the stock falls. Both objectives are before fees and expenses and reset daily.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective, and a launch date has not been announced.
The funds are expected to begin trading shortly after Anthropic completes its initial public offering and its shares begin trading, subject to the registration statement becoming effective. Sign up for email updates on this page to be notified when the funds begin trading.
No. The Funds seek daily investment objectives and should not be expected to track the underlying security for periods longer than a single day. Holding the Funds for longer than one day can produce returns that differ significantly from 2X (or -2X) the return of the underlying security over the same period, due to the effects of compounding. Investors should actively monitor their investments.
Investing in the Funds involves a high degree of risk. The Funds are not suitable for all investors and should be used only by knowledgeable investors who understand the consequences of seeking daily leveraged (2X) or daily inverse leveraged (-2X) investment results, including the impact of compounding on Fund performance.
A preliminary prospectus is filed with the SEC as part of a fund’s registration statement before it becomes effective. It describes the fund’s investment objective, strategies, risks, charges, and expenses, but the information in it is subject to completion or amendment. Securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.
You can read it on this page, visit direxion.com, or call 866-476-7523. The preliminary prospectus should be read carefully before investing.