Direxion Daily S&P 500 Equal Weight Bull 2X Shares EVEN

The index consists of all of the components of the S&P 500® Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index, which, in combination, provide returns consistent with the investment objective. It is non-diversified.