Direxion Daily TIPS Bull 2X Shares
TIPL
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- IPO Date
- Apr 7, 2022
- CIK
- 0001424958
- Similar Companies
- Business
- Direxion Daily TIPS Bull 2X Shares (TIPL) is an exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 200% of the performance of the iShares TIPS Bond ETF, which tracks an index of inflation-protected U.S. Treasury securities; the fund invests at least 80% of its net assets in securities of the iShares TIPS Bond ETF and financial instruments such as swap agreements, futures, and options that provide leveraged exposure to inflation-protected bonds. TIPL offers leveraged exposure to Treasury Inflation-Protected Securities (TIPS), which adjust principal for inflation based on the Consumer Price Index, targeting sophisticated traders and investors seeking amplified daily returns in inflationary environments or fixed-income bull markets. Issued by Direxion Shares ETF Trust, founded in 1997 and headquartered in New York, the ETF operates primarily in the U.S. market with global investor access through major exchanges. Launched on April 7, 2022, alongside its inverse counterpart Direxion Daily TIPS Bear 2X Shares (TIPD), TIPL expanded Direxion's lineup of leveraged and inverse ETFs focused on fixed-income strategies amid rising inflation concerns. In recent years, Direxion has pursued aggressive growth through multiple single-stock leveraged ETF launches, including new trading pairs for Boeing (BA) and Exxon Mobil (XOM) in April 2025, Eli Lilly (LLY) and Palo Alto Networks (PANW) in March 2025, and Berkshire Hathaway (BRKB) and Palantir (PLTR) in December 2024; the firm also appointed Mo Sparks as Chief Product Officer in April 2025 and partnered with SS&C for enhanced fund distribution and FINRA compliance services in September 2024. These developments underscore Direxion's strategic shift toward expanding its single-stock and thematic ETF offerings, managing approximately $28.6 billion in assets as of early 2022 with continued focus on non-traditional investment solutions across sectors like technology, energy, and inflation hedges.