Direxion Daily SpaceX Bull 2X ETF (LOFF) is an exchange-traded fund in the Trading Leveraged Equity category. It has $50.86M in assets and an expense ratio of 0.97%. The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of SpaceX and financial instruments, such as swap agreements and options, that, in combination, provide 2X daily leveraged exposure to SpaceX, consistent with the fund’s investment objective. It is non-diversified.