Direxion Shares ETF Trust – Direxion GOOGL Defined Income Boost ETF is a non-diversified, actively managed exchange-traded fund that seeks to provide investors with an income-oriented investment exposure linked to the market performance and option-implied volatility of Alphabet Inc. Class A common stock. The Fund invests primarily in financial instruments designed to provide exposure to the Cboe GOOGL Defined Income Index, a rules-based index that systematically sells weekly out-of-the-money call options referencing Alphabet Class A shares and uses a daily delta-hedging methodology intended to preserve participation in a portion of the underlying stock’s upside movements. Its principal products and services consist of publicly traded ETF shares; an options-income strategy based on Alphabet Class A stock; synthetic exposure obtained principally through swap agreements; cash, cash equivalents, money-market instruments and other collateral holdings; and twice-monthly distributions that generally reflect income and gains generated by the underlying options strategy. The Fund is not a direct investment in Alphabet, is not designed to hold Alphabet shares as its sole or principal investment, and may make distributions that are not guaranteed and may include a return of capital. Shares trade in the United States on NYSE Arca under the ticker symbol GOIB. The Fund is sponsored by Direxion Shares ETF Trust and advised by Rafferty Asset Management, LLC, doing business as Direxion, with ALPS Distributors, Inc. serving as distributor. Direxion, founded in 1997 and headquartered in New York, New York, develops exchange-traded products for tactical trading, risk management and longer-term portfolio allocation investors. GOIB targets income-focused investors seeking exposure to a major U.S. technology and communications-services company through an options-based strategy rather than through Alphabet’s ordinary cash dividend. The Fund was launched on July 29, 2026, as part of Direxion’s Defined Income Boost ETF suite, a strategic expansion of the firm’s derivatives capabilities beyond its established leveraged and inverse ETF offerings. The six-fund launch also included products tied to Nvidia, Tesla, Meta Platforms, Palantir Technologies and Micron Technology; each fund follows a published, rules-based Cboe index and employs a non-leveraged, single-stock options-income approach.