Direxion Shares ETF Trust - Direxion Daily Cloud Computing Bull 2X 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 directly, through derivatives and through other funds in stocks of companies operating across companies that deliver cloud computing infrastructure, platforms, or services which includes servers, storage, databases, networking, software, analytics, and more, over the internet sectors. The fund uses derivatives such as swaps and futures to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track 2x the daily performance of the Indxx USA Cloud Computing Index. Direxion Shares ETF Trust - Direxion Daily Cloud Computing Bull 2X Shares was formed on January 8, 2021 and is domiciled in the United States.