FNGG
Leveraged & Inverse ETFs

Direxion Daily NYSE FANG+ Bull 2X Shares
Overview
The Direxion Daily NYSE FANG+ Bull 2X
Shares seeks daily investment results, before
fees and expenses, of 200% of theperformance of the NYSE FANG+ Index.
There is no guarantee that the fund willachieve its stated investment objective.
This leveraged ETF seeks a return that is
200% of the return of its benchmark index
for a single day. The fund should not be
expected to provide two times the returnof the benchmark’s cumulative return forperiods greater than a day.

Target Index
The NYSE FANG+ Index (NYFANGT) is an equaldollar weighted Index designed to track theperformance of 10 highly-traded growth stocksof technology and tech-enabled companies.
The Index is comprised of the securities of U.S.listed companies that ICE Data Indices, LLC (the“Index Provider”) has identified as FANG+companies, which are comprised of the six
FAANMG companies and four non-FAANMG
companies. The Index Provider defines theFAANMG as Meta Platforms Inc. (META), Apple
Inc. (AAPL), Amazon.com Inc. (AMZN), NetflixInc. (NFLX), Microsoft Corp. (MSFT), andAlphabet Inc. Class A (GOOGL). The Index
is reconstituted quarterly. One cannot invest
directly in an index.

Investing in a Direxion Shares ETF may be morevolatile than investing in broadly diversified
funds. The use of leverage by a Fund increases
the risk to the Fund. The Direxion Shares ETFs
are not suitable for all investors and should be
utilized only by sophisticated investors whounderstand leverage risk, consequences ofseeking daily leveraged, or daily inverse
leveraged, investment results and intend toactively monitor and manage their investment.

FNGG

Direxion Daily NYSE FANG+ Bull 2X Shares

Fund Facts
FNGG

Fund Symbol

FNGG.IV

Intraday Indicative Value
Bloomberg Index Symbol

NYFANGT

CUSIP

25460G161

Daily Target

200%

Gross Expense Ratio

1.11%
0.98%

Net Expense Ratio*

9/30/2021

Inception 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 0.95%. The
Fund's adviser, Rafferty Asset Management, LLC ("Rafferty") has entered into an Operating Expense Limitation
Agreement with the Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractuallyagreed to waive all or a portion of its management fee and/or reimburse the Fund for Other Expenses
through September 1, 2025, 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, otherinterest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, theexpense ratio would be higher.

Index Top Ten Holdings %Index Sector Weightings %

Tesla

10.70

Information Technology

48.42

Snowflake Inc

10.58

Communication Services

30.32

Amazon.Com Inc

10.56

Consumer Discretionary

21.26

Alphabet Inc Class A

10.40

Meta Platforms A

10.09

Microsoft

10.01

Netflix

9.84

Apple

9.82

Nvidia9.11

Broadcom Limited

8.90

Index data as of 06/30/2024. Index weightingsand holdings are subject to change.

Performance (As of 06/30/2024)

FNGG

1M %

3M %

YTD %

1Y %

S/I of the fund %

NAV

19.23

24.52

58.95

89.76

-16.18Market Close

19.29

24.50

59.35

90.00

-16.11

9.62

13.21

29.97

46.53

19.42

NYFANGT

Inception Date

09/30/21

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 themost recent month-end performance please visit the fund's website at www.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 the Fund’s investment objective, risks, charges, and expenses before investing. The Fund’s prospectus andsummary prospectus contain this and other information about the Direxion Shares. To obtain the Fund’s prospectus and summary prospectus call 866476-7523 or visit our website at direxion.com. The 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 FinancialServices, 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 AmericanBankers 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 are based
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 tradedshares at other times. Brokerage commissions will reduce returns. Fund returns assume that dividends and capital gains distributions have been 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.
Direxion Shares Risks — An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and include risks
associated with the Fund's concentrating its investments in a particular industry, sector, or geography which can increase 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. Risks of the Fund include Effects ofCompounding and Market Volatility Risk, Leverage Risk, Market Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Daily Index Correlation
Risk, Other Investment Companies (including ETFs) Risk, Cash Transaction Risk and Passive Investment and Index Performance Risk. The value of stocks ofinformation technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles,
rapid product obsolescence, government regulation, and competition, both domestically and internationally, including competition from competitors withlower production costs. The communication services sector may be dominated by a small number of companies which may lead to additional volatility in thesector. Please see the summary and full prospectuses for a more complete description of these and other risks of the Fund.
Distributor: Foreside Fund Services, LLC.

157 06302024 568695