UGLD – Direxion Daily Gold Bull 2X ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks daily leveraged investment results and is very different from other exchange-traded funds. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in the economic equivalents of gold by investing in one or more Reference ETPs that invest directly in gold and financial instruments that provide 200% daily exposure to the Reference ETPs. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
UGLD	Direxion Daily Gold Bull 2X ETF	ETF	Open	—	—	May 26, 2026	$10.34M	1.070%	—	—	—

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