Daily S&P 500 Bear 3X Shares - Direxion
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About Daily S&P 500 Bear 3X Shares - Direxion
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear 3X Shares is an exchange traded fund launched by Direxion Investments. It is managed by Rafferty Asset Management, LLC. The fund invests in public equity markets of the United States. It invests through derivatives in stocks of companies operating across diversified sectors. The fund employs short strategy and uses derivatives such as futures and swaps to create its portfolio. It invests in growth and value stocks of large-cap companies. The fund seeks to track -3x the daily performance of the S&P 500 Index. Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear 3X Shares was formed on November 5, 2008 and is domiciled in the United States.
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