The Direxion Daily MSFT Bull 1.5X Shares, trading under the ticker MSFU, seeks daily investment results, before fees and expenses, of 150 of the daily performance of the common stock of Microsoft Corporation (NASDAQ: MSFT). The Direxion Daily MSFT Bear 1X Shares, trading under the ticker MSFD, seeks daily investment results, before fees and expenses, of 100 of the inverse (or opposite) of the daily performance of Microsoft Corporation.