Direxion Shares ETF Trust - Direxion Daily Homebuilders & Supplies Bull 3X 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. It invests directly, through derivatives and through other funds in stocks of companies operating across consumer discretionary, consumer durables and apparel, household durables, homebuilding sectors.