The Direxion Low Priced Stock ETF typically commits at least 80% of its total assets to securities that constitute its underlying index, or to other investments exhibiting similar economic characteristics. This benchmark, an equal-weighted index provided by Solactive AG, is engineered to gauge the performance of U.S.-listed equities with relatively modest trading prices. The fund's concentration in any particular sector or group of industries will closely align with that of its index.
