JO Hambro Plans Active ETF Expansion Across U.S. and Europe
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Direxion has filed for two leveraged ETFs tied to the VanEck Rare Earth and Strategic Metals ETF (REMX), expanding trading options around the strategically important materials sector. The Direxion Daily REMX Bull 2X ETF (REML) will target 200% of REMX’s daily performance, while the Direxion Daily REMX Bear 2X ETF (REMS) will seek -200%. Both are designed for daily objectives, meaning returns over longer periods can diverge significantly from 2X or -2X REMX’s cumulative performance due to compounding and volatility.
At a glance
- Beat
- Filings
- Issuer
- Direxion
- Region
- United States
- Filed
- 3 September 2026
Source: SEC Filings
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