Direxion GOOGL Defined Income Boost ETF (GOIB)

The Direxion GOOGL Defined Income Boost ETF (GOIB) is an options-based fund from Direxion that is linked to the shares of Alphabet Inc., the parent company of Google.

The fund seeks to generate enhanced income from its Alphabet exposure using a defined options strategy, collecting premium that can be paid out as distributions. In exchange for that income, its participation in Alphabet's price movements is shaped by the options it holds and may be limited on the upside.

The ETF trades on Cboe BZX.