ERX

Direxion Daily Energy Bull 2X ETF

$108.69

-1.81 (-1.64%)

AUM $259.44M

Expense Ratio 0.91%

NAV $112.14

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 5.56% 3 CVX CHEVRON CORP 4.24% 4 COP CONOCOPHILLIPS 1.77% 5 MPC MARATHON PETROLEUM CORP 1.56% 6 PSX PHILLIPS 66 1.53% 7 VLO VALERO ENERGY CORP 1.46% 8 SLB SLB LTD 1.29% 9 EOG EOG RESOURCES INC 1.16% 10 WMB WILLIAMS COS INC 1.04%

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.