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Direxion Shares ETF Trust - Direxion Daily Real Estate Bull 3X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. The fund invests in public equity markets of the United States. The fund invests directly, through derivatives and through other funds in stocks of companies operating across real estate, equity real estate investment trusts (reits) sectors. It 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 Real Estate Select Sector Index. Direxion Shares ETF Trust - Direxion Daily Real Estate Bull 3X Shares was formed on July 16, 2009 and is domiciled in the United States.