Direxion Dly S&P Oil&Gs Ex&Prd Bl 2X ETF (GUSH)
40.89
+1.00
(+2.51%)
USD |
NYSEARCA |
Mar 28, 12:58
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.97% | -0.04% | 519.29M | 733531.3 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
2.25% | 48.00% | -220.93M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks daily investment results of 200% of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The index measures the performance of the domestic companies included in the integrated oil and gas, oil and gas exploration and production and oil and gas refining and marketing sub-industries as classified by the GICS. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Leveraged 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 | 8.77 yrs |
Tony Ng | 8.42 yrs |
Performance Versus Category
As of March 27, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 27, 2024.
Basic Info
Investment Strategy | |
The investment seeks daily investment results of 200% of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The index measures the performance of the domestic companies included in the integrated oil and gas, oil and gas exploration and production and oil and gas refining and marketing sub-industries as classified by the GICS. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | Miscellaneous |
Broad Category | Miscellaneous |
Category Name | Trading--Leveraged 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 | 8.77 yrs |
Tony Ng | 8.42 yrs |