UBS Enters Active Equity ETF Market With Global Income Strategy
UBS Asset Management has launched its first active equity ETF in Europe with the UBS Global Equity Income Plus UCITS ETF (FGZJ).
Direxion has introduced the Direxion Daily SpaceX Bull 2X ETF (LOFF), a single-stock ETF targeting 200% of SpaceX’s daily share performance. The fund launched shortly after SpaceX’s record-setting public debut, which the company describes as the largest IPO in history. LOFF expands Direxion’s lineup of leveraged single-stock ETFs and is aimed at active traders seeking amplified exposure to SpaceX. As with other leveraged ETFs, the fund is designed for short-term tactical use and requires close monitoring due to the risks associated with daily leverage and performance compounding.
At a glance
- Beat
- Launches
- Issuer
- Direxion
- Region
- United States
- Filed
- 15 June 2026
Source: Press Release
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