Appendix A

SUBADVISED FUND

Direxion HCM Tactical Enhanced US ETF

ACTIVELY MANAGED FUNDS

Direxion Bitcoin Strategy ETF

Direxion Ether Strategy ETF

Direxion Ether Strategy Bear ETF

Direxion Concentrated Energy ETF

Direxion Daily Concentrated Energy Bear 1X Shares

Direxion Daily Concentrated Energy Bull 2X Shares

Direxion Daily Concentrated Energy Bear 2X Shares

Direxion Concentrated Homebuilders & Supplies ETF

Direxion Daily Concentrated Homebuilders & Supplies Bear 1X Shares

Direxion Daily Concentrated Homebuilders & Supplies Bull 2X Shares

Direxion Daily Concentrated Homebuilders & Supplies Bear 2X Shares

Direxion Concentrated Semiconductors ETF

Direxion Daily Concentrated Semiconductors Bear 1X Shares

Direxion Daily Concentrated Semiconductors Bull 2X Shares

Direxion Daily Concentrated Semiconductors Bear 2X Shares

Direxion Concentrated Electric and Autonomous Vehicles ETF

Direxion Daily Concentrated Electric and Autonomous Vehicles Bear 1X Shares

Direxion Daily Concentrated Electric and Autonomous Vehicles Bull 2X Shares

Direxion Daily Concentrated Electric and Autonomous Vehicles Bear 2X Shares

Direxion Concentrated Biotech ETF

Direxion Daily Concentrated Biotech Bear 1X Shares

Direxion Daily Concentrated Biotech Bull 2X Shares

Direxion Daily Concentrated Biotech Bear 2X Shares

Direxion Concentrated Cybersecurity ETF

Direxion Concentrated Retail ETF

Direxion Daily Concentrated Retail Bear 1X Shares

Direxion Daily Concentrated Retail Bull 2X Shares

Direxion Daily Concentrated Retail Bear 2X Shares

Direxion Concentrated Technology ETF

Direxion Daily Concentrated Technology Bear 1X Shares

Direxion Daily Concentrated Technology Bull 2X Shares

Direxion Daily Concentrated Technology Bear 2X Shares

NON-LEVERAGED FUNDS

Direxion NASDAQ-100^® Equal Weighted Index Shares

Direxion Work From Home ETF

COMMODITY-RELATED FUND

Direxion Auspice Broad Commodity Strategy ETF

1X BEAR FUNDS

Direxion Daily S&P 500^® Bear 1X Shares

Direxion Daily MAGMA Bear 1X Shares

Direxion Daily AI and Big Data Bear 1X Shares

Direxion Daily MSCI Emerging Markets ex China Bear 1X Shares

Direxion Daily Magnificent 7 Bear 1X Shares

Direxion Daily Uranium Industry Bear 1X Shares

Direxion Daily Crypto Industry Bear 1X Shares

Direxion Daily S&P Top 20 US Stocks Bear 1X ETF

Direxion Daily Quantum Computing Bear 1X ETF

Direxion Daily Qs Top 30 Stocks Bear 1X ETF

Bitcoin Funds

Direxion Daily Bitcoin Strategy Bull 2X Shares

Direxion Daily Bitcoin Strategy Bear 2X Shares

Direxion Daily Bitcoin Bear 1X Shares

Direxion Daily Bitcoin Bull 1.5X Shares

Direxion Daily Bitcoin Bear 1.5X Shares

Direxion Daily Bitcoin Bull 2X Shares

Direxion Daily Bitcoin Bear 2X Shares

Ether Leveraged Funds

Direxion Daily Ether Strategy Bull 2X Shares

Direxion Daily Ether Strategy Bear 2X Shares

Monthly Leveraged Funds

Direxion Enhanced S&P Equity Income ETF

Direxion Enhanced Qs Equity Income ETF

Single Stock Funds

Direxion Daily TSLA Bull 2X Shares

Direxion Daily TSLA Bear 1X Shares

Direxion Daily META Bull 2X Shares

Direxion Daily META Bear 1X Shares

Direxion Daily NFLX Bull 2X Shares

Direxion Daily NFLX Bear 1X Shares

Direxion Daily AAPL Bull 2X Shares

Direxion Daily AAPL Bear 1X Shares

Direxion Daily MSFT Bull 2X Shares

Direxion Daily MSFT Bear 1X Shares

Direxion Daily AMZN Bull 2X Shares

Direxion Daily AMZN Bear 1X Shares

Direxion Daily GOOGL Bull 2X Shares

Direxion Daily GOOGL Bear 1X Shares

Direxion Daily NVDA Bull 2X Shares

Direxion Daily NVDA Bear 1X Shares

Direxion Daily AMD Bull 2X Shares

Direxion Daily AMD Bear 1X Shares

Direxion Daily ARM Bull 2X Shares

Direxion Daily ARM Bear 1X Shares

Direxion Daily ASML Bull 2X ETF

Direxion Daily ASML Bear 1X ETF

Direxion Daily AVGO Bull 2X Shares

Direxion Daily AVGO Bear 1X Shares

Direxion Daily BA Bull 2X Shares

Direxion Daily BA Bear 1X Shares

Direxion Daily BRKB Bull 2X Shares

Direxion Daily BRKB Bear 1X Shares

Direxion Daily LLY Bull 2X Shares

Direxion Daily LLY Bear 1X Shares

Direxion Daily MU Bull 2X Shares

Direxion Daily MU Bear 1X Shares

Direxion Daily PLTR Bull 2X Shares

Direxion Daily PLTR Bear 1X Shares

Direxion Daily SMCI Bull 2X Shares

Direxion Daily SMCI Bear 1X Shares

Direxion Daily TSM Bull 2X Shares

Direxion Daily TSM Bear 1X Shares

Direxion Daily XOM Bull 2X Shares

Direxion Daily XOM Bear 1X Shares

Direxion Daily V Bull 2X Shares

Direxion Daily V Bear 1X Shares

Direxion Daily CSCO Bull 2X ETF

Direxion Daily CSCO Bear 1X ETF

Direxion Daily QCOM Bull 2X ETF

Direxion Daily QCOM Bear 1X ETF

Direxion Daily PANW Bull 2X Shares

Direxion Daily PANW Bear 1X Shares

Direxion Daily CMG Bull 2X Shares

Direxion Daily CMG Bear 1X Shares

Direxion Daily CAT Bull 2X Shares

Direxion Daily CAT Bear 1X Shares

Direxion Daily LMT Bull 2X Shares

Direxion Daily LMT Bear 1X Shares

Direxion Daily INTC Bull 2X ETF

Direxion Daily INTC Bear 1X ETF

Direxion Daily F Bull 2X ETF

Direxion Daily F Bear 1X ETF

Direxion Daily SOFI Bull 2X ETF

Direxion Daily SOFI Bear 1X ETF

Direxion Daily DIS Bull 2X ETF

Direxion Daily DIS Bear 1X ETF

Direxion Daily BABA Bull 2X ETF

Direxion Daily BABA Bear 1X ETF

Direxion Daily UBER Bull 2X ETF

Direxion Daily UBER Bear 1X ETF

Direxion Daily COST Bull 2X ETF

Direxion Daily COST Bear 1X ETF

Direxion Daily COIN Bull 2X ETF

Direxion Daily COIN Bear 1X ETF

Direxion Daily HOOD Bull 2X ETF

Direxion Daily HOOD Bear 1X ETF

Direxion Daily SHOP Bull 2X ETF

Direxion Daily SHOP Bear 1X ETF

Direxion Daily PYPL Bull 2X ETF

Direxion Daily PYPL Bear 1X ETF

Direxion Daily XYZ Bull 2X ETF

Direxion Daily XYZ Bear 1X ETF

Direxion Daily CCL Bull 2X ETF

Direxion Daily CCL Bear 1X ETF

Direxion Daily DKNG Bull 2X ETF

Direxion Daily DKNG Bear 1X ETF

Direxion Daily AAL Bull 2X ETF

Direxion Daily AAL Bear 1X ETF

Direxion Daily RBLX Bull 2X ETF

Direxion Daily RBLX Bear 1X ETF

Direxion Daily KO Bull 2X ETF

Direxion Daily KO Bear 1X ETF

Direxion Daily O Bull 2X ETF

Direxion Daily O Bear 1X ETF

Direxion Daily LCID Bull 2X ETF

Direxion Daily LCID Bear 1X ETF

Direxion Daily MARA Bull 2X ETF

Direxion Daily MARA Bear 1X ETF

Direxion Daily NIO Bull 2X ETF

Direxion Daily NIO Bear 1X ETF

Direxion Daily CRWD Bull 2X ETF

Direxion Daily CRWD Bear 1X ETF

Direxion Daily GRAB Bull 2X ETF

Direxion Daily GRAB Bear 1X ETF

Direxion Daily WMT Bull 2X ETF

Direxion Daily WMT Bear 1X ETF

Direxion Daily ORCL Bull 2X ETF

Direxion Daily ORCL Bear 1X ETF

Direxion Daily JNJ Bull 2X ETF

Direxion Daily JNJ Bear 1X ETF

Direxion Daily CRM Bull 2X ETF

Direxion Daily CRM Bear 1X ETF

Direxion Daily GE Bull 2X ETF

Direxion Daily GE Bear 1X ETF

Direxion Daily ADBE Bull 2X ETF

Direxion Daily ADBE Bear 1X ETF

Direxion Daily VZ Bull 2X ETF

Direxion Daily VZ Bear 1X ETF

Direxion Daily T Bull 2X ETF

Direxion Daily T Bear 1X ETF

Direxion Daily PFE Bull 2X ETF

Direxion Daily PFE Bear 1X ETF

Direxion Daily PDD Bull 2X ETF

Direxion Daily PDD Bear 1X ETF

Direxion Daily SONY Bull 2X ETF

Direxion Daily SONY Bear 1X ETF

Direxion Daily NKE Bull 2X ETF

Direxion Daily NKE Bear 1X ETF

Direxion Daily SBUX Bull 2X ETF

Direxion Daily SBUX Bear 1X ETF

Direxion Daily MRVL Bull 2X ETF

Direxion Daily MRVL Bear 1X ETF

Direxion Daily ABNB Bull 2X ETF

Direxion Daily ABNB Bear 1X ETF

Direxion Daily TGT Bull 2X ETF

Direxion Daily TGT Bear 1X ETF

Direxion Daily GM Bull 2X ETF

Direxion Daily GM Bear 1X ETF

Direxion Daily SNOW Bull 2X ETF

Direxion Daily SNOW Bear 1X ETF

Direxion Daily DAL Bull 2X ETF

Direxion Daily DAL Bear 1X ETF

Direxion Daily UAL Bull 2X ETF

Direxion Daily UAL Bear 1X ETF

Direxion Daily RDDT Bull 2X ETF

Direxion Daily RDDT Bear 1X ETF

Direxion Daily SNAP Bull 2X ETF

Direxion Daily SNAP Bear 1X ETF

Direxion Daily LUV Bull 2X ETF

Direxion Daily LUV Bear 1X ETF

Direxion Daily MRNA Bull 2X ETF

Direxion Daily MRNA Bear 1X ETF

Direxion Daily CPNG Bull 2X ETF

Direxion Daily CPNG Bear 1X ETF

Direxion Daily VST Bull 2X ETF

Direxion Daily VST Bear 1X ETF

Direxion Daily HAS Bull 2X ETF

Direxion Daily HAS Bear 1X ETF

Direxion Daily FSLR Bull 2X ETF

Direxion Daily FSLR Bear 1X ETF

Direxion Daily DELL Bull 2X ETF

Direxion Daily DELL Bear 1X ETF

Direxion Daily SE Bull 2X ETF

Direxion Daily SE Bear 1X ETF

Direxion Daily HIMS Bull 2X ETF

Direxion Daily HIMS Bear 1X ETF

Direxion Daily RKLB Bull 2X ETF

Direxion Daily RKLB Bear 1X ETF

Direxion Daily CVNA Bull 2X ETF

Direxion Daily CVNA Bear 1X ETF

Direxion Daily PENN Bull 2X ETF

Direxion Daily PENN Bear 1X ETF

Direxion Daily NVO Bull 2X ETF

Direxion Daily NVO Bear 1X ETF

Direxion Daily ABBV Bull 2X ETF

Direxion Daily ABBV Bear 1X ETF

Direxion Daily AI Bull 2X ETF

Direxion Daily AI Bear 1X ETF

Direxion Daily NCLH Bull 2X ETF

Direxion Daily NCLH Bear 1X ETF

Direxion Daily NOK Bull 2X ETF

Direxion Daily NOK Bear 1X ETF

Direxion Daily UNH Bull 2X ETF

Direxion Daily UNH Bear 1X ETF

Direxion Daily TXN Bull 2X ETF

Direxion Daily TXN Bear 1X ETF

Direxion Daily AMAT Bull 2X ETF

Direxion Daily AMAT Bear 1X ETF

Direxion Daily CAVA Bull 2X ETF

Direxion Daily CAVA Bear 1X ETF

Super Sector ETFs

Direxion Daily Top 5 Semiconductors Bull 2X ETF

Direxion Daily Top 5 Semiconductors Bear 1X ETF

Direxion Daily Top 10 Biotech Bull 2X ETF

Direxion Daily Top 10 Biotech Bear 1X ETF

Direxion Daily Top 10 Communication Services Bull 2X ETF

Direxion Daily Top 10 Communication Services Bear 1X ETF

Direxion Daily Top 10 Consumer Discretionary Bull 2X ETF

Direxion Daily Top 10 Consumer Discretionary Bear 1X ETF

Direxion Daily Top 10 Consumer Staples Bull 2X ETF

Direxion Daily Top 10 Consumer Staples Bear 1X ETF

Direxion Daily Top 5 Energy Bull 2X ETF

Direxion Daily Top 5 Energy Bear 1X ETF

Direxion Daily Top 10 Financial Bull 2X ETF

Direxion Daily Top 10 Financial Bear 1X ETF

Direxion Daily Top 10 Healthcare Bull 2X ETF

Direxion Daily Top 10 Healthcare Bear 1X ETF

Direxion Daily Top 10 Industrials Bull 2X ETF

Direxion Daily Top 10 Industrials Bear 1X ETF

Direxion Daily Top 10 Materials Bull 2X ETF

Direxion Daily Top 10 Materials Bear 1X ETF

Direxion Daily Top 10 Real Estate Bull 2X ETF

Direxion Daily Top 10 Real Estate Bear 1X ETF

Direxion Daily Top 10 Technology Bull 2X ETF

Direxion Daily Top 10 Technology Bear 1X ETF

Direxion Daily Top 10 Utilities Bull 2X ETF

Direxion Daily Top 10 Utilities Bear 1X ETF

Direxion Daily Top 5 Gold Miners Bull 2X ETF

Direxion Daily Top 5 Gold Miners Bear 1X ETF

2X Funds

Direxion Daily S&P 500^® Bull 2X Shares

Direxion Daily CSI 300 China A Share Bull 2X Shares

Direxion Daily CSI China Internet Index Bull 2X Shares

Direxion Daily MSCI Brazil Bull 2X Shares

Direxion Daily Energy Bull 2X Shares

Direxion Daily Energy Bear 2X Shares

Direxion Daily Gold Miners Index Bull 2X Shares

Direxion Daily Gold Miners Index Bear 2X Shares

Direxion Daily Junior Gold Miners Index Bull 2X Shares

Direxion Daily Junior Gold Miners Index Bear 2X Shares

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares

Direxion Daily MSCI India Bull 2X Shares

Direxion Daily Robotics, Artificial Intelligence, & Automation Index Bull 2X Shares

Direxion Daily Cloud Computing Bull 2X Shares

Direxion Daily NYSE FANG+ Bull 2X Shares

Direxion Daily NYSE FANG+ Bear 2X Shares

Direxion Daily Travel & Vacation Bull 2X Shares

Direxion Daily Travel & Vacation Bear 2X Shares

Direxion Daily Aviation Bull 2X Shares

Direxion Daily Aviation Bear 2X Shares

Direxion Daily China Technology Bull 2X Shares

Direxion Daily China Technology Bear 2X Shares

Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares

Direxion Daily Electric and Autonomous Vehicles Bear 2X Shares

Direxion Daily Crypto Industry Bull 2X Shares

Direxion Daily MAGMA Bull 2X Shares

Direxion Daily AI and Big Data Bull 2X Shares

Direxion Daily AI and Big Data Bear 2X Shares

Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares

Direxion Daily MSCI Emerging Markets ex China Bear 2X Shares

Direxion Daily Magnificent 7 Bull 2X Shares

Direxion Daily Magnificent 7 Bear 2X Shares

Direxion Daily Uranium Industry Bull 2X Shares

Direxion Daily Quality Bull 2X Shares

Direxion Daily Quality Bear 2X Shares

Direxion Daily S&P Top 20 US Stocks Bull 2X ETF

Direxion Daily S&P Top 20 US Stocks Bear 2X ETF

Direxion Daily India Consumer Bull 2X Shares

Direxion Daily Quantum Computing Bull 2X ETF

Direxion Daily Quantum Computing Bear 2X ETF

Direxion Daily Qs Top 30 Stocks Bull 2X ETF

Direxion Daily Qs Top 30 Stocks Bear 2X ETF

3X Funds

Direxion Daily 7-10 Year Treasury Bull 3X Shares

Direxion Daily 7-10 Year Treasury Bear 3X Shares

Direxion Daily 20+ Year Treasury Bull 3X Shares

Direxion Daily 20+ Year Treasury Bear 3X Shares

Direxion Daily FTSE China Bull 3X Shares

Direxion Daily FTSE China Bear 3X Shares

Direxion Daily MSCI Emerging Markets Bull 3X Shares

Direxion Daily MSCI Emerging Markets Bear 3X Shares

Direxion Daily Financial Bull 3X Shares

Direxion Daily Financial Bear 3X Shares

Direxion Daily Healthcare Bull 3X Shares

Direxion Daily Mid Cap Bull 3X Shares

Direxion Daily Real Estate Bull 3X Shares

Direxion Daily Real Estate Bear 3X Shares

Direxion Daily Regional Banks Bull 3X Shares

Direxion Daily Retail Bull 3X Shares

Direxion Daily S&P 500^® Bull 3X Shares

Direxion Daily S&P 500^® Bear 3X Shares

Direxion Daily Semiconductor Bull 3X Shares

Direxion Daily Semiconductor Bear 3X Shares

Direxion Daily Small Cap Bull 3X Shares

Direxion Daily Small Cap Bear 3X Shares

Direxion Daily MSCI South Korea Bull 3X Shares

Direxion Daily Technology Bull 3X Shares

Direxion Daily Technology Bear 3X Shares

Direxion Daily FTSE Europe Bull 3X Shares

Direxion Daily Homebuilders & Supplies Bull 3X Shares

Direxion Daily S&P Biotech Bull 3X Shares

Direxion Daily S&P Biotech Bear 3X Shares

Direxion Daily Consumer Discretionary Bull 3X Shares

Direxion Daily Utilities Bull 3X Shares

Direxion Daily Aerospace & Defense Bull 3X Shares

Direxion Daily MSCI Mexico Bull 3X Shares

Direxion Daily Transportation Bull 3X Shares

Direxion Daily Industrials Bull 3X Shares

Direxion Daily Pharmaceutical & Medical Bull 3X Shares

Direxion Daily Dow Jones Internet Bull 3X Shares

Direxion Daily Dow Jones Internet Bear 3X Shares

Direxion Daily S&P 500^® High Beta Bull 3X Shares

Direxion Daily S&P 500^® High Beta Bear 3X Shares

Last Updated: May 8, 2025