The fund tracks a rules-based index, which is a tiered, modified market capitalization-weighted portfolio of U.S.-listed equity securities. These companies are chosen for their significant economic connection to the widespread adoption and evolution of 5G networking and communication technologies. To achieve its investment objective, the fund commits a minimum of 80% of its net assets to financial instruments and Exchange Traded Funds (ETFs) that closely mirror this specific index, or to other financial instruments engineered to offer daily leveraged exposure to the index or its associated ETFs. This fund operates as a non-diversified investment vehicle.

QUALCOMM Incorporated

Analog Devices, Inc.

NXP Semiconductors N.V.

Advanced Micro Devices, Inc.

Keysight Technologies, Inc.

Marvell Technology, Inc.

T-Mobile US, Inc.

Nokia Oyj

American Tower Corporation

Verizon Communications Inc.

Cash & Others

Technology

Communication Services

Real Estate

Consumer Cyclical

Healthcare

Direxion Daily 5G Communications Bull 2X Shares

TENG Holdings & Sector Breakdown