Direxion Daily S&P 500 Bull ETF Leads the Market Today

On Friday, the Direxion Daily S&P 500 Bull 3X ETF is showing remarkable performance, climbing approximately 5.6% on the day. Notably, key components of this ETF are driving its success, with shares of Ulta Beauty soaring by about 12.4% and those of Crown Castle rising by around 10.4%.

Underperformers in the ETF Landscape

In contrast, the Xtrackers MSCI USA Climate Action Equity ETF is lagging behind, with a decrease of about 1.7% in afternoon trading. Within this ETF, shares of Abbott Laboratories have dropped approximately 2.8%, while Bristol-Myers Squibb shares are down by about 1.9% on the same day.

VIDEO: Friday’s ETF Movers: SPXL, USCA

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.