DIREXION GOOGL DEFINED INCOME BOOST ETF (USD) GOIB.US

The Direxion GOOGL Defined Income Boost ETF is an index-tracking ETF offering exposure to a single underlying stock (Alphabet Inc.) plus a rules-based covered call/defined income overlay. It seeks a defined income stream by systematically writing out-of-the-money (OTM) call options on GOOGL, aiming to collect option premiums while retaining long exposure to the underlying equity.

The ETF tracks the Cboe GOOGL Defined Income Index (ticker GOOGLDI), which represents this combined long-stock + call-writing strategy. This ETF operates in the U.S. equity asset class with a single-stock focus (Alphabet Inc.).

The strategy is non-leveraged and rules-based, designed to align performance more closely with GOOGL's stock price behavior while generating income via covered calls. Daily delta-hedging is conducted through long positions in the underlying security, per the index methodology.

The fund is issued by Direxion and is structured as an ETF under the Direxion Shares ETF Trust. Its underlying benchmark, the Cboe GOOGL Defined Income Index, is published and governed by Cboe Global Indices, with methodology provided in Cboe's Single Stock Defined Income Indices Methodology.