Direxion Shares ETF Trust - Direxion Daily Dow Jones Internet Bear 3X Shares is an exchange traded fund launched by Direxion Investments. It 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 consumer discretionary, online travel agencies, media and entertainment, interactive media and services, interactive media and services, media, advertising, retailing, internet and direct marketing retail, internet and direct marketing retail, financials, diversified financials, diversified financial services, information technology, software and services, online services, business-to-business (b2b), b2b commerce, online research services, social media and networking platforms, it services, internet services and infrastructure, communication services sectors. It employs short strategy and uses derivatives such as futures, swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track -3x the daily performance of the Dow Jones Internet Composite Index. Direxion Shares ETF Trust - Direxion Daily Dow Jones Internet Bear 3X Shares was formed on November 7, 2019 and is domiciled in the United States.