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Direxion Shares ETF Trust - Direxion Daily Energy Bear 2X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across energy sectors. It employs short strategy and uses derivatives such as futures and swaps to create its portfolio. The fund invests in growth and value stocks of large-cap companies. It seeks to track -2x the daily performance of the Energy Select Sector Index. Direxion Shares ETF Trust - Direxion Daily Energy Bear 2X Shares was formed on November 6, 2008 and is domiciled in the United States.