Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) operates as an exchange-traded fund focusing on a broad range of commodities. It aims to provide investors with exposure to the commodities market through a diversified portfolio, including but not limited to, energy, metals, and agricultural products. The fund strives to track the performance of the Auspice Broad Commodity Index, employing a strategy that seeks to capture the upward trends in commodities while minimizing the impact of negative market movements. By doing so, Direxion Auspice Broad Commodity Strategy ETF intends to offer a hedge against inflation and a source of portfolio diversification for investors. The ETF's objective includes achieving long-term capital appreciation and managing risk through strategic allocations and rebalancing.