Direxion Daily Small Cap ... (SMLL)

About SMLL

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Russell 2000Â Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index measures the performance of approximately 2,000 small-cap companies in the Russell 3000Â Index, based on a combination of their market capitalization and current index membership. The fund is non-diversified.