Direxion Daily INTC Bull 2X ETF (LINT)

The Direxion Daily INTC Bull 2X ETF is a leveraged single-stock fund that seeks daily investment results equal to 200 percent of the daily percentage change in the share price of Intel Corporation, the Santa Clara, California-based maker of processors and provider of semiconductor manufacturing services.

The fund obtains its exposure primarily through swap agreements and other derivatives. Because the objective is based on a single day and the leverage resets daily, returns over longer holding periods can differ significantly from twice the performance of Intel stock.

The fund is sponsored by Direxion, a long-established issuer of leveraged and inverse ETFs, and trades on the Nasdaq.