What’s Inside Direxion’s Daily TSM Bull 2X and Bear 1X ETFs?
January 09, 2025 | 2 min read
Taiwan Semiconductor Manufacturing Company (TSM) produces 90% of the world's supercomputer semiconductor chips, powering top smartphone and AI applications.
While TSM's stock has long-term strength, it experiences short-term volatility due to tech sector and geopolitical factors, creating opportunities for risk-tolerant traders.
Direxion offers a powerful pair of Single Stock Daily Leveraged and Inverse ETFs that track the stock price of TSM. The Daily TSM Bull 2X ETF and Daily TSM Bear 1X ETF seek daily investment results, before fees and expenses, of 200% and 100% of the inverse (or opposite), respectively, of the performance of the common shares of Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM).