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New Direxion ETF Suite Blends Income & Risk Management

BY | ETF Database
7:50 am ET 07/29/26 | 8 VIEWS
On Wednesday, July 29, 2026, Direxion expanded its fund library with the launch of a new suite of ETF offerings. These new funds offer a new take on single-stock exposure, looking to provide income, total return, and risk management, all within a single ticker.Key Takeaways: Direxion is growing its ETF collection by launching six new funds that provide income-oriented takes on single-stock exposure. This new suite, called Defined Income Boost ETFs, provides income from growth-focused companies, with the added advantage of risk management. The new funds cover six companies that advisors and investors are certainly familiar with: Google, Meta, Nvidia, Tesla, Micron, and Palantir. Direxion is coming out of the gate with an expansive lineup, with six new ETFs providing this income-oriented approach. Four of the new funds focus on the Magnificent Seven: the Direxion GOOGL Defined Income Boost ETF (GOIB), the Direxion META Defined Income Boost ETF (MEIB), the Direxion NVDA Defined Income Boost ETF (NVIB), and the Direxion TSLA Defined Income Boost ETF (TSIB). The other two funds on the docket also provide singular exposure to reputable tech giants. In this case, the Direxion MU Defined Income Boost ETF (MUIB) and the Direxion PLTR Defined Income Boost ETF (PLIB) focus on Micron and Palantir, respectively. Advisors and investors will quickly notice that these funds can help provide focused exposure to some potent mega-cap and tech names. Additionally, each fund operates with a net expense ratio of 97 basis points, following a fee waiver. See More: Investigate Intel Earnings With This Exciting ETFHow the Direxion Defined Income Boost Funds Change the Game“Direxion’s Defined Income Boost suite is built around a simple premise: investors increasingly want income, why not give them the opportunity to get it from growth-oriented companies like Tesla, Micron, and NVIDIA that they already own,” noted Mo Sparks, chief product officer at Direxion. “The goal is to pursue a meaningful defined level of income (20% annualized) while aiming to keep each fund’s behavior more closely aligned with the stock it targets. For individual investors and advisors, that means access to a sophisticated, rules-based options strategy in a single ETF trade.” Each of these funds looks to generate income by selling call options on its respective underlying security. For instance, MEIB will sell call options on Meta, PLIB sells options on Palantir, and so on. Part of the advantage of the new Direxion funds is threir potential for risk management. The funds will use long positions on their underlying securities to help hedge and mitigate the risk of price movements. Direxion’s new lineup offers a number of potent applications for a portfolio. For starters, single-stock approaches tend to offer more risk, so a fund that seeks income and delta management could be an attractive option in this day and age. Furthermore, alternative sources of income are becoming increasingly popular, especially amid inflation and a potentially shifting rate cycle. Direxion currently offers a wide variety of targeted ETF solutions, with more than 120 funds listed in the United States. One of Direxion’s largest funds, the Direxion Daily Semiconductor Bull 3X ETF (SOXL B), has more than $19 billion in assets under management. This showcases how Direxion’s lineup has resonated with the general investing community. For more news, information, and analysis, visit the ETF Strategist Content Hub.

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