Direxion Shares ETF Trust - Direxion GOOGL Defined Income Boost ETF

Frequently Asked Questions About GOIB

What does GOIB invest in?

GOIB aims to generate high income from the stock volatility of Alphabet Inc. (NASDAQ: GOOGL). The ETF uses swaps to track an index that systematically writes weekly, out-of-the-money call options on GOOGL, targeting a specific annualized distribution rate, distributed twice per month. GOIB adds a daily delta hedging strategy, which adjusts GOOGL exposure each trading day to offset the negative delta of the short call position. This approach is designed to allow participation in GOOGL's upside price movements. The option strike price selection process is formulaic and recalibrated weekly based on GOOGL's price and implied volatility. The strategy also includes an options unwind feature that may close an option position early if certain thresholds are met. Distributions are characterized as ordinary income, though investors should note that if the strategy does not generate sufficient income in a given period, distributions may be partially characterized as a return of capitaL.

What is the expense ratio of GOIB?

Direxion Shares ETF Trust - Direxion GOOGL Defined Income Boost ETF (GOIB) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations.

What is GOIB's dividend yield?

GOIB's trailing-twelve-month yield is 4.54%, calculated from the sum of dividends over the past year divided by the current price.

How big is GOIB?

Direxion Shares ETF Trust - Direxion GOOGL Defined Income Boost ETF (GOIB) manages $2.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is GOIB actively managed or an index fund?

GOIB's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was GOIB launched?

Direxion Shares ETF Trust - Direxion GOOGL Defined Income Boost ETF (GOIB) launched in July 2026 and is managed by Direxion.