DFEN ETF Profile

Family:	Direxion Shares
Name:	Direxion Daily Aerospace & Defense Bull 3X ETF

Inception Date:	3-May-2017
Termination Date:
Investment Objective:	The Fund seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Dow Jones U.S. Select Aerospace & Defense Index (the "Index"). The Index is provided by S&P Dow Jones Indices LLC (the "Index Provider"). The Index attempts to measure the performance of the aerospace and defense industry of the U.S. equity market. The Index Provider selects the stocks comprising the Index from the aerospace and defense sector on the basis of the float-adjusted, market capitalization- weight of each constituent. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts used in commercial or private air transport. Defense companies include producers of components and equipment for the defense industry, such as military aircraft, radar equipment and weapons.

Prospectus