Direxion Daily S&P Oil & Gas Exp & Prod Br 2X Shs (DRIP)
10.29
+0.23
(+2.29%)
USD |
NYSEARCA |
May 19, 16:00
10.28
0.00 (0.00%)
After-Hours: 20:00
Key Stats
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Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
1.04% | -0.10% | 39.35M | 1.522M |
Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
-- | 0.00% | -46.87M | Upgrade |
Basic Info
Investment Strategy | |
The Fund seeks to provide daily investment results of 200% of the inverse of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The Fund creates short positions by investing at least 80% of its assets in swap agreements; options on securities and indices; forward contracts. |
General | |
Security Type | Exchange-Traded Fund |
Broad Asset Class | Alternative |
Broad Category | Alternative |
Global Peer Group | Alternative Dedicated Short Bias |
Peer Group | Dedicated Short Bias Funds |
Global Macro | Liquid Alternatives |
US Macro | Alternative Equity Funds |
YCharts Categorization | -- |
YCharts Benchmark | -- |
Prospectus Objective | Dedicated Short Bias Funds |
Fund Owner Firm Name | Direxion |
Broad Asset Class Benchmark Index | |
^MSACWINTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 20, 2025.
Asset Allocation
As of April 30, 2025.
Type | % Net |
---|---|
Cash | 9.09% |
Stock | 0.00% |
Bond | 67.02% |
Convertible | 0.00% |
Preferred | 0.00% |
Other | 23.89% |
Basic Info
Investment Strategy | |
The Fund seeks to provide daily investment results of 200% of the inverse of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The Fund creates short positions by investing at least 80% of its assets in swap agreements; options on securities and indices; forward contracts. |
General | |
Security Type | Exchange-Traded Fund |
Broad Asset Class | Alternative |
Broad Category | Alternative |
Global Peer Group | Alternative Dedicated Short Bias |
Peer Group | Dedicated Short Bias Funds |
Global Macro | Liquid Alternatives |
US Macro | Alternative Equity Funds |
YCharts Categorization | -- |
YCharts Benchmark | -- |
Prospectus Objective | Dedicated Short Bias Funds |
Fund Owner Firm Name | Direxion |
Broad Asset Class Benchmark Index | |
^MSACWINTR | 100.0% |