As of October 2, 2020, Direxion Shares ETF Trust - Direxion MSCI USA Cyclicals Over Defensives ETF has gone out of business. Direxion Shares ETF Trust - Direxion MSCI USA Cyclicals Over Defensives ETF 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 directly, through derivatives and through other funds in stocks of companies operating across diversified sectors. The fund employs long/short strategy and uses derivatives such as futures, swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the MSCI USA Cyclical Sectors - USA Defensive Sectors 150/50 Return Spread Index. Direxion Shares ETF Trust - Direxion MSCI USA Cyclicals Over Defensives ETF was formed on January 16, 2019 and is domiciled in the United States.