Direxion U.S. 500 Plus ETF is an exchange-traded fund that seeks to track the performance of the Auspice U.S. Equity Plus Trend Index. The fund combines exposure to U.S. large-cap equities with a managed futures trend-following strategy, using futures, swaps, ETFs, and other instruments to gain exposure to equities, commodities, and fixed-income markets. The fund is listed on NYSE Arca under the ticker SPXP.