The Direxion S&P 500 High minus Low Quality ETF strives to achieve investment performance, prior to the deduction of fees and expenses, that closely mirrors that of the S&P 500 150/50 Quality 0.30% Decrement Index. Under ordinary market conditions, the fund allocates a minimum of 80% of its net assets, supplemented by any borrowed capital for investment, into either the specific securities composing the index's Long Component or into exchange-traded funds designed to track this Long Component. The target index itself is constructed from a portfolio featuring a 150% long allocation to the S&P 500 Quality Index (known as the 'Long Component') alongside a 50% short, or inverse, allocation to the S&P 500 Quality - Lowest Quintile Index (designated as the 'Short Component'). Notably, this investment product is not diversified.

Visa Inc.

Wells Fargo & Company

Texas Instruments Incorporated

Walmart Inc.

United Parcel Service, Inc.

S&P Global Inc.

Target Corporation

U.S. Bancorp

The TJX Companies, Inc.

Zoetis Inc.

Financial Services

Technology

Healthcare

Industrials

Consumer Defensive

Consumer Cyclical

Basic Materials

Energy

Real Estate

Communication Services

Direxion S&P 500 High minus Low Quality ETF

QMJ Holdings & Sector Breakdown

QMJ Holdings & Sector Breakdown