As of October 18, 2019 Direxion Shares ETF Trust - Direxion Daily High Yield Bear 2X Shares has gone out of business. Direxion Shares ETF Trust - Direxion Daily High Yield Bear 2X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in the fixed income markets of the United States. The fund takes short positions and invests indirectly through exchange traded funds and derivatives like futures contracts, options and swap agreements in U.S. Dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds. It also invests in money market funds or short-term debt instruments that have terms-to-maturity of less than 397 days. The fund seeks to track twice the inverse of the daily performance of the Bloomberg Barclays U.S. High Yield Very Liquid Index. Direxion Shares ETF Trust - Direxion Daily High Yield Bear 2X Shares was formed on June 16, 2016 and is domiciled in the United States.