Direxion Daily AI and Big Data Bear 2X Shares

Direxion Daily AI and Big Data Bear 2X Shares is a leveraged inverse exchange-traded fund designed to provide daily results that correspond to twice the opposite performance of the Solactive US AI & Big Data Index. The fund focuses on U.S. companies involved in artificial intelligence applications and big data, using derivatives and other instruments to create its short exposure. Its portfolio is built for active market participants seeking a tactical way to express a bearish view on AI- and data-related equities over very short time horizons. Because the fund resets daily, it is structured to track short-term index movements rather than long-term performance. Direxion Daily AI and Big Data Bear 2X Shares is part of Direxion’s leveraged and inverse ETF lineup and plays a niche role in the market for sector-specific trading and hedging tools.