Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares

XXCH

Market cap $2.48M

New York, United States, Oct. 04, 2025 (GLOBE NEWSWIRE) -- Due to their inability to attract sufficient investment assets, the Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and close three ETFs (each, a “Fund” and collectively, the “Funds”), based on the recommendation of the Funds' adviser, Rafferty Asset Management, LLC. The Board concluded that liquidating and closing the Funds would be in the best interest of the Funds and their shareholders. The Funds closing are as follows:

In a market brimming with uncertainty, investors are seeking ways to diversify from their core equities portfolio. One of the ways is seeking international opportunities, highlighting the benefits of international diversification.

The start of President Trump's tenure in the White House brings a certain degree of uncertainty to emerging markets. That said, traders considering EM will want to stay flexible in a volatile market.

Emerging markets can offer traders the ability to play off strength outside U.S. borders. With leveraged ETFs, there are both bullish and bearish opportunities to ponder.

The latest economic data could mean China's efforts to reinvigorate its economy could be working. That's adding optimism for short- and long-term investors.

Up just over 14% within the past month, the performance of the Direxion Daily FTSE China Bull 3X ETF (YINN) could be signaling that bulls are back in China equities.

Traders seeking opportunities in emerging markets (EM) may want to give India a closer look. India-focused exchange-traded funds (ETFs) saw record-shattering inflows last year, according to a recent Forbes article.

Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. After a decade of seemingly never-ending fee-cutting wars, ETF issuers raised their fees in 2023 as the landscape evolved beyond cheap index-tracking funds.

Today, Direxion added to its lineup of leveraged and inverse ETFs with the launch of a 2X fund that covers emerging markets but excludes China. The Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares (NYSE Arca: XXCH) offers twice the daily performance of the MSCI Emerging Markets ex China Index.