ERX
Direxion Daily Energy Bull 2X ETF
$122.45
+0.53
(+0.43%)
AUM
$287.62M
Expense Ratio
0.91%
NAV
$121.69
Holdings
30
Asset Class
Equity
Inception
11/06/2008
Provider
Direxion
Top Holdings
1
2670549
EXXONMOBIL HOLDINGS CORP
7.04%
2
XOM
EXXONMOBIL HOLDINGS CORP
6.96%
3
CVX
CHEVRON CORP
5.29%
4
COP
CONOCOPHILLIPS
2.08%
5
MPC
MARATHON PETROLEUM CORP
1.50%
6
PSX
PHILLIPS 66
1.40%
7
VLO
VALERO ENERGY CORP
1.40%
8
WMB
WILLIAMS COS INC
1.18%
9
EOG
EOG RESOURCES INC
1.17%
10
SLB
SLB LTD
1.05%
Fund Description
The Direxion Daily Energy Bull and Bear 2X ETFs are structured to provide daily investment returns that correspond to twice (200%) the performance of the Energy Select Sector Index, before accounting for fees and other expenses. Specifically, the "Bull" version aims for double the index's positive daily movement, while the "Bear" counterpart targets two times the index's inverse (opposite) daily performance. It's crucial to understand, however, that there is no guarantee these funds will consistently achieve their stated investment objectives.