Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bear 3X Shares

Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bear 3X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets of the United States. It invests through derivatives in stocks of companies operating across diversified sectors. It employs short strategy and uses derivatives such as futures and swaps to create its portfolio. It invests in volatile stocks of companies across large market capitalization. It seeks to track -3x the daily performance of the S&P 500 High Beta Index. Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bear 3X Shares was formed on November 7, 2019 and is domiciled in the United States.