Direxion Dly S&P Oil&Gs Ex&Prd Br 2X ETF (DRIP)
16.77
-1.19
(-6.63%)
USD |
NYSEARCA |
Mar 20, 11:32
Key Stats
| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.09% | 0.26% | 91.00M | 3.521M |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 0% | 0.00% | 48.13M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks daily investment results, of 200% of the inverse (or opposite) of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The index is a modified equal-weighted index that is designed to measure the performance of the oil and gas exploration and production sub-industry determined based on the GICS. The fund invests at least 80% of the fund’s net assets in swap agreements, futures contracts, short positions or other financial instruments that provide inverse or short daily exposure to the index or to ETFs that track the index which provider returns consistent with the 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 Oil&Gas Explor&Pro Sel Indust TR USD | -200.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Paul Brigandi | 7.76 yrs |
| Tony Ng | 7.42 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
24
48.13M
-122.92M
Category Low
2.267B
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 17, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 17, 2023.
Asset Allocation
Top 5 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Dreyfus Government Secs Cash Mgmt Admin | 90.40% | 1.00 | 0.00% |
|
Goldman Sachs Sterling FixInc Port Inc
|
48.23% | -- | -- |
|
Goldman Finl Sq Trsry Ins
|
0.90% | -- | -- |
|
S&P O&G Exp Prod Sel Ind Index Swap
|
-2.64% | -- | -- |
|
S&P Oil & Gas Explor And Prod Select Index Swap
|
-24.80% | -- | -- |
News
Headline
Wire
Time (ET)
SA Breaking News
03/17 19:45
SA Breaking News
03/13 10:11
SA Breaking News
03/10 14:05
SA Breaking News
02/24 20:00
Basic Info
| Investment Strategy | |
| The investment seeks daily investment results, of 200% of the inverse (or opposite) of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The index is a modified equal-weighted index that is designed to measure the performance of the oil and gas exploration and production sub-industry determined based on the GICS. The fund invests at least 80% of the fund’s net assets in swap agreements, futures contracts, short positions or other financial instruments that provide inverse or short daily exposure to the index or to ETFs that track the index which provider returns consistent with the 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 Oil&Gas Explor&Pro Sel Indust TR USD | -200.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Paul Brigandi | 7.76 yrs |
| Tony Ng | 7.42 yrs |
Fund Details
| Key Dates | |
| Inception Date | 5/28/2015 |
| Last Annual Report Date | 10/31/2022 |
| Last Prospectus Date | 2/28/2023 |
| Attributes | |
| Index Fund |
|
| Inverse Fund |
|
| Leveraged Fund |
|
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)
SA Breaking News
03/17 19:45
SA Breaking News
03/13 10:11
SA Breaking News
03/10 14:05
SA Breaking News
02/24 20:00