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ETF leader board dominated by nimble funds

On HALO

5 hours ago

A familiar face is dominating the exchange-traded fund leaderboard, with more than half of the top 10 ranked by annual gains coming from one firm: Direxion.  "All the Direxion ETFs referenced are magnified bull products and the corresponding underlying indices or individual single stocks that they track are all up +45%+ year-to-date, thus reflecting the strong performance of a magnified bullish view," Ed Egilinsky, managing director at Direxion, told FOX Business.The list tracked is compiled by VettaFi.The uptrend kicked in after stocks hit yearly lows in April concentrated in "gold miner stoc...

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5 hours ago
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