The Direxion MSCI USA ESG - Leaders vs. Laggards ETF (ESNG) focuses on providing exposure to U.S. companies with high ESG (Environmental, Social, and Governance) ratings while avoiding those with lower ratings. This ETF is designed to appeal to investors seeking sustainable investment options, leveraging the growing trend towards responsible investing.
Financial ServicesAsset Management - Leveragedmoderate - the ETF has variable costs associated with fund management and marketing, but benefits from economies of scale as AUM increases.