Direxion Daily Robotics Artificial Intelligence & Automation Index Bull 2X Shares (UBOT)

The index provides exposure to companies in developed markets that are expected to benefit from the adoption and utilization of robotics and/or artificial intelligence. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.