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Direxion Daily Anthropic Bull & Bear 2X ETFs

CLAU
Daily Anthropic
Bull
2X ETF
CLAD
Daily Anthropic
Bear
2X ETF
You’re signed up for launch updates.
Important Information

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.

Preliminary Prospectus — CLAU & CLAD

Direxion Readies Launch of CLAU & CLAD, 2X Daily Bull & Bear Exposure to Anthropic

Press Release

NEW YORK, August 21, 2026. Direxion, a leading provider of ETFs for tactical traders, has filed with the U.S. Securities and Exchange Commission to launch the Direxion Daily Anthropic Bull 2X ETF (CLAU) and the Direxion Daily Anthropic Bear 2X ETF (CLAD). Once effective, CLAU will seek daily investment results, before fees and expenses, of 200% of the daily performance of the common stock of Anthropic, and CLAD will seek daily investment results, before fees and expenses, of 200% of the inverse (-200%) of that performance. Both are expected to begin trading shortly after Anthropic completes its initial public offering, and its shares begin trading, subject to SEC effectiveness.

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CLAU
NYSE Arca · USD

Direxion Daily Anthropic Bull 2X ETF

Seeks 200% of the daily performance of Anthropic

+200%
TickerCLAU
UnderlyingAnthropic
Leverage Factor2x
Daily ResetYes
NAV
Closing Price
Expense Ratio
CLAD
NYSE Arca · USD

Direxion Daily Anthropic Bear 2X ETF

Seeks 200% of the inverse daily performance of Anthropic

-200%
TickerCLAD
UnderlyingAnthropic
Leverage Factor-2x
Daily ResetYes
NAV
Closing Price
Expense Ratio
Fund data will be available when the funds begin trading.

Frequently Asked Questions

What to know about the Direxion Daily Anthropic Bull 2X ETF (CLAU) and Direxion Daily Anthropic Bear 2X ETF (CLAD) ahead of launch.

What are the Direxion Daily Anthropic 2X ETFs?

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.

When will the funds begin trading?

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. Sign up for email updates on this page to be notified when the funds begin trading.

What is a pre-prospectus (preliminary prospectus)?

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 the preliminary prospectus for these funds using the “Read Pre-Prospectus” button above.

Are these funds designed to be held long term?

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.

Who should consider these funds?

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.

How do I read the preliminary prospectus?

Select “Read Pre-Prospectus” in the section above to view it on this page, visit direxion.com, or call 866-476-7523. The preliminary prospectus should be read carefully before investing.