Direxion Daily Gold Miners Index Bear 2X Shares (0IBL)

Profile

Direxion Daily Gold Miners Index Bear 2X Shares is a leveraged inverse exchange-traded fund designed to deliver twice the opposite of the daily performance of the NYSE Arca Gold Miners Index. The fund is used to gain short-term exposure to gold-mining equities through derivatives such as swap agreements, futures contracts, and short positions rather than direct stock ownership. Its holdings are linked to companies engaged primarily in gold mining across developed and emerging markets, making it a specialized tool tied to the broader precious-metals mining sector. Direxion Daily Gold Miners Index Bear 2X Shares is structured as a non-diversified fund and is part of Direxion’s lineup of tactical ETF products focused on amplified daily index exposure.