SOXL SOXS
Leveraged & Inverse ETFs

Direxion Daily Semiconductor Bull and Bear 3X Shares
Overview
The Direxion Daily Semiconductor Bull andBear 3X Shares seek daily investment
results, before fees and expenses, of 300%,
or 300% of the inverse (or opposite), of theperformance of the NYSE Semiconductor
Index. There is no guarantee the funds
will achieve their stated investment
objectives.
These leveraged ETFs seek a return that is300% or -300% of the return of theirbenchmark index for a single day. Thefunds should not be expected toprovide three times or negative threetimes the return of the benchmark’s
cumulative return for periods greaterthan a day.

Target Index
NYSE Semiconductor Index (ICESEMIT) is arules-based, modified float-adjusted
market capitalization-weighted index thattracks the performance of the thirty largest
U.S. listed semiconductor companies. One
cannot invest directly in an index.

Investing in a Direxion Shares ETF may be
more volatile than investing in broadly
diversified funds. The use of leverage by aFund increases the risk to the Fund. TheDirexion Shares ETFs are not suitable for all
investors and should be utilized only bysophisticated investors who understandleverage risk, consequences of seeking daily
leveraged, or daily inverse leveraged,
investment results and intend to actively
monitor and manage their investment.

SOXL

Direxion Daily Semiconductor Bull 3X Shares

SOXS

Direxion Daily Semiconductor Bear 3X Shares

Fund Facts
Fund Symbol
Intraday Indicative Value

SOXL

SOXS

SOXL.IV

SOXS.IVICESEMITICESEMIT

25459W458

25460G336

Daily Target

300%-300%

Gross Expense Ratio

0.94%1.02%

Net Expense Ratio*

0.94%

1.02%

3/11/2010

3/11/2010

Bloomberg Index Symbol
CUSIPInception Date

*The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees andExpenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.89%. The
Funds' adviser, Rafferty Asset Management, LLC ("Rafferty") has entered into an Operating Expense
Limitation Agreement with each Fund. Under the Operating Expense Limitation Agreement, Rafferty has
contractually agreed to waive all or a portion of its management fee and/or reimburse each Fund for Other
Expenses through September 1, 2024, to the extent that the Fund's Total Annual Fund Operating Expenses
exceed 0.95% of the Fund's average daily net assets (excluding, as applicable, among other expenses, taxes,
swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions,other interest expenses, brokerage commissions and extraordinary expenses). If these expenses wereincluded, the expense ratio would be higher.

Index Top Ten Holdings %Index Sector Weightings %Advanced Micro Devices

8.67

Semiconductors

79.96

Broadcom Limited

8.59

Semiconductor Materials & Equipment

20.04

Nvidia

7.54

Intel-T

6.43

Qualcomm

6.41

NXP Semiconductors

4.01

Micron Technology

3.99

Texas Instruments

3.97

ON Semiconductor

3.94

LAM Research

3.90

Index data as of 12/31/2023. Index weightings andholdings are subject to change.

Performance (As of 12/31/2023)

SOXL

SOXS

1M %

3M %

YTD %

1Y %

3Y %

5Y %

10Y %

S/I of thefund %

NAV

38.14

66.61

226.20226.20

0.85

42.04

40.33

32.92

Market Close

37.94

66.74

227.03227.03

0.89

42.09

40.30

32.93

NAV-30.53-47.52-84.59-84.59-67.61-79.16-69.76-64.64Market Close-30.30-47.41-84.58-84.58-67.60-79.17-69.76-64.64

12.37

21.86

67.61

67.61

16.51

31.51

24.13

ICESEMIT

Inception Date
03/11/10

03/11/10

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return andprincipal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current
performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For
the most recent month-end performance please visit the funds' website at direxion.com.
Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based
solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional
information, see the fund’s prospectus.

FOR INFORMATION: 866-476-7523 | INFO@DIREXION.COM | DIREXION.COMAn investor should carefully consider a Fund’s investment objective, risks, charges, and expenses before investing. A Fund’s prospectus andsummary prospectus contain this and other information about the Direxion Shares. To obtain a Fund’s prospectus and summary prospectus call
866-476-7523 or visit our website at direxion.com. A Fund’s prospectus and summary prospectus should be read carefully before investing.
CUSIP Identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard and Poor’s
Financial Services, LLC, and are not for use or dissemination in any manner that would serve as a substitute for a CUSIP service. The CUSIP Database,©2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.
Shares of the Direxion Shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. Market Price returns arebased upon the midpoint of the bid/ask spread at 4:00 pm EST (when NAV is normally calculated) and do not represent the returns you would receive if
you traded shares at other times. Brokerage commissions will reduce returns. Fund returns assume that dividends and capital gains distributions havebeen reinvested in the Fund at NAV. Some performance results reflect expense reimbursements or recoupments and fee waivers in effect during certain
periods shown. Absent these reimbursements or recoupments and fee waivers, results would have been less favorable.
Neither Rafferty nor the Direxion Daily Semiconductor Bull 3X Shares and the Direxion Daily Semiconductor Bear 3X Shares (the “Financial Products”) aresponsored, endorsed, sold or promoted by Interactive Data Pricing and Reference Data, LLC or its affiliates (“Vendor”). Vendor makes no representation
or warranty regarding the advisability of investing in securities generally, in the Financial Products particularly, or the ability of the NYSE Semiconductor
Index to track general financial market performance. VENDOR MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIMS ALL
WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE INDEX OR ANY DATA INCLUDED THEREIN.IN NO
EVENT SHALL VENDOR HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS),EVEN IF
NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.
Direxion Shares Risks — An investment in each Fund involves risk, including the possible loss of principal. Each Fund is non-diversified and includes
risks associated with the Funds’ concentrating their investments in a particular industry, sector, or geographic region which can result in increased
volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause their price to fluctuate over time. Risksof each Fund include Effects of Compounding and Market Volatility Risk, Leverage Risk, Market Risk, Counterparty Risk, Rebalancing Risk, Intra-Day
Investment Risk, Other Investment Companies (including ETFs) Risk, Cash Transaction Risk, Tax Risk, and risks specific to the Semiconductor Industry.
Companies that are in the semiconductor industry may be affected by particular economic or market events, which may, in certain circumstances, cause
the value of securities of all companies in the semiconductor sector of the market to decrease. Additional risks include, for the Direxion DailySemiconductor Bull 3X Shares, Daily Index Correlation Risk, and for the Direxion Daily Semiconductor Bear 3X Shares, Daily Inverse Index Correlation
Risk, and risks related to Shorting. Please see the summary and full prospectuses for a more complete description of these and other risks of each Fund.
Distributor: Foreside Fund Services, LLC.

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