Direxion Daily Energy Bear 2X ETF (ERY)
21.70
-0.41
(-1.85%)
USD |
NYSEARCA |
Mar 28, 16:00
21.69
-0.01
(-0.05%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
1.08% | 0.12% | 19.84M | 263442.9 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
5.38% | 0.00% | -19.58M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks daily investment results of 200% of the inverse of the daily performance of the Energy Select Sector Index. The index is provided by S&P Dow Jones Indices and includes domestic companies from the energy sector which includes the following industries: oil, gas and consumable fuels; and energy equipment and services. The fund invests at least 80% of the fund’s net assets in financial instruments, that, in combination, provide 2X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Inverse Equity |
Category Index | S&P 500 TR USD |
Global Category Name | Trading Tools |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Specialty - Natural Resources |
Fund Owner Firm Name | Direxion Funds |
Prospectus Benchmark Index | |
S&P Energy Select Sector TR USD | -200.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Paul Brigandi | 15.33 yrs |
Tony Ng | 8.42 yrs |
Performance Versus Category
As of March 28, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 28, 2024.
Basic Info
Investment Strategy | |
The investment seeks daily investment results of 200% of the inverse of the daily performance of the Energy Select Sector Index. The index is provided by S&P Dow Jones Indices and includes domestic companies from the energy sector which includes the following industries: oil, gas and consumable fuels; and energy equipment and services. The fund invests at least 80% of the fund’s net assets in financial instruments, that, in combination, provide 2X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Inverse Equity |
Category Index | S&P 500 TR USD |
Global Category Name | Trading Tools |
YCharts Categorization | Other |
YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
Prospectus Objective | Specialty - Natural Resources |
Fund Owner Firm Name | Direxion Funds |
Prospectus Benchmark Index | |
S&P Energy Select Sector TR USD | -200.0% |
Broad Asset Class Benchmark Index | |
^SPXTR | 100.0% |
Manager Tenure | |
Paul Brigandi | 15.33 yrs |
Tony Ng | 8.42 yrs |