Which Single-Stock ETFs are Benefitting from the Bull Market?

With 10 out of 11 S&P 500 sectors up this year, it might be 11 last time I checked. I don't know, we're close, but bulls are very much in control. The top three performing S&P 500 sectors as far as industry groups, you've got technology, communication services, and the industrial sector.

We've also got the healthcare group which has been a laggard making some noise. So does Direxion offer ETFs targeting these particular industry groups? We do offer end investors both a breadth in terms of our single stock offerings as well as across more diversified strategies or sectors or industries. And that's really where our business began in 2007 and 2008.

So you have spotlighted that so far this year the bulls have won out, and it's an open question in terms of if that will be the finishing order, but we've seen interest from traders on both sides. So we look across our sector lineup and industries in particular, maybe there's a few I would highlight. I think within healthcare a few tickers to remember are CURE and PILL for expressing a view on either side of the healthcare industry as a whole or the sector.

And then if you look within it, we're seeing continued interest despite some challenges from a political standpoint towards biotech. And so LABU and LABD, U indicating being a bull and D being bearish, are two considerations as well for the biotech sector. And then, we'd be hard-pressed not to mention two of our flagship strategies which are TECL and TECS on technology. So for those looking to take a decision on either side of the technology sector or within that, very clearly the thing that's continuing to drive our global economy and particularly in the US are semiconductors.

Semiconductors are areas of continued interest from our trading community, and then stepping completely outside what I would note is maybe something even like homebuilders. So as we're thinking about a change in interest rates and mortgage rates seem to have come down more recently, home builders may be benefiting from that. There's inventory questions that still linger in the housing market, but something like NAIL is a consideration for an active trader who's looking to express a view on the bullish side of home building.

So again, what one can expect when they come to Direxion is a number of opportunities whether it's for concentrated exposure say in single stock where you're really looking to play news sentiment earnings that are out there on an individual company to more diversified baskets where you have an opportunity to express a view towards any given sector or industry.