ETF of the Week: Direxion Work From Home ETF (WFH)

ETF Trends CEO Tom Lydon discussed the Direxion Work From Home ETF (WFH) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

The Direxion Work From Home ETF offers exposure to companies across four technology pillars, allowing investors to gain exposure to those companies that stand to benefit from an increasingly flexible work environment. The four pillars include Cloud Technologies, Cybersecurity, Online Project and Document Management, and Remote Communications. Companies are selected for inclusion in the index by ARTIS, a proprietary natural language processing algorithm, which uses keywords to evaluate large volumes of publicly available information, such as annual reports, business descriptions, and financial news.