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Leveraged & Inverse ETFs

Direxion Daily Energy Bull and Bear 2X Shares

The Direxion Daily Energy Bull and Bear 2X Shares seeks daily investment results, before fees and expenses, of 200%, or 200% of the inverse (or opposite), of the performance of the Energy Select Sector Index. There is no guarantee the funds will achieve their stated investment objectives.

These funds track a commodity related equity index, consisting of a basket of energy related stocks. They do not invest in physical commodities and should not be expected to directly track the performance of energy related commodities.

ERX

NAV (Net Asset Value)$66.66As of Mar 18, 2024
1 Day NAV change$+0.52(+0.78%)As of Mar 18, 2024

ERY

NAV (Net Asset Value)$23.54As of Mar 18, 2024
1 Day NAV change$-0.17(-0.72%)As of Mar 18, 2024
ERXDirexion Daily Energy Bull 2X Shares
Daily Target
+200%
Intra-day Value
ERX.IV
Daily NAV
$66.66
Daily Market Price
$66.72
Expense Ratio
(gross/net %)
0.94 / 0.94*
Daily Volume
538,857
Security Identifier
25460G609
Inception Date
Nov 06, 2008
ERYDirexion Daily Energy Bear 2X Shares
Daily Target
-200%
Intra-day Value
ERY.IV
Daily NAV
$23.54
Daily Market Price
$23.53
Expense Ratio
(gross/net %)
1.11 / 1.08*
Daily Volume
251,555
Security Identifier
25460G179
Inception Date
Nov 06, 2008

Operational Updates

  • 01/23/2024
    Direxion's New ETF Alert Service. Get Price and Volume Alerts automatically via text message!
    Direxion ETF Alerts

Documents & Downloads

  • ERX ERY Fact Sheet (pdf)
  • Direxion ETFs List (pdf)
  • ERX Prospectus
  • ERY Prospectus
  • Daily Fund Holdings (csv)

These leveraged ETFs seek a return that is 200% or -200% of the return of their benchmark index for a single day. The funds should not be expected to provide two times or negative two times the return of the benchmark’s cumulative return for periods greater than a day.

Pricing & Performance

NAV and Market Price information as of 03/18/2024.

ERX Direxion Daily Energy Bull 2X Shares
Net Asset Value (NAV)
$66.66Nav
$+0.52Change
+0.78%Change
Market Price Closing
$66.72Market
$+0.60Change
+0.91%Change
Premium / Discount
$+0.06Change from Last Day Trading
Premium/Discount tool
ERY Direxion Daily Energy Bear 2X Shares
Net Asset Value (NAV)
$23.54Nav
$-0.17Change
-0.72%Change
Market Price Closing
$23.53Market
$-0.18Change
-0.76%Change
Premium / Discount
$-0.01Change from Last Day Trading
Premium/Discount tool
Loading chart...
1M3MYTD1Y3Y5Y10YSince
Inception
Expense Ratio*
(Gross / Net%)
Inception
Date
ERX NAV
5.74
3.03
3.74
1.49
41.20
-21.12
-22.42
-12.50
0.94 / 0.94*
11/06/2008
ERX Market Close
5.75
2.89
3.71
1.51
41.15
-21.10
-22.42
-12.50
0.94 / 0.94*
11/06/2008
ERY NAV
-5.52
-4.03
-4.34
-11.56
-48.19
-41.94
-30.01
-40.93
1.11 / 1.08*
11/06/2008
ERY Market Close
-5.42
-3.98
-4.33
-11.65
-48.15
-41.93
-29.99
-40.93
1.11 / 1.08*
11/06/2008

As of February 29, 2024

The Primary Listing Exchange is the NYSE Arca, Inc.

*The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.92% for ERX and 0.95% for ERY. The Funds’ adviser, Rafferty Asset Management, LLC (“Rafferty”), has entered into an Operating Expense Limitation Agreement with each Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse a Fund for Other Expenses through September 1, 2024, to the extent that a Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.

The performance shown prior to April 1, 2020, reflects the Funds’ previous daily leveraged investment objectives, before fees and expenses, of 300% or -300%, of the performance of the Index.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the fund’s website at www.direxion.com.

Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.

Index Information

The Energy Select Sector Index (IXETR) is provided by S&P Dow Jones Indices and includes domestic companies from the energy sector which includes the following industries: oil, gas and consumable fuels; and energy equipment and services. One cannot invest directly in an index.

Index Top Ten Holdings

% of Total
Exxon
22.47%
Chevron Texaco
17.56%
Conocophillips
9.24%
Eog Resources
4.73%
Schlumberger
4.67%
Phillips 66
3.96%
Marathon Petroleum
3.81%
Pioneer National Resource
3.55%
Valero Energy
2.99%
Williams
2.86%

Index Sector Weightings

% of Total
Oil, Gas & Consumable Fuels
90.82%
Energy Equipment & Services
9.18%
Index data as of 12/31/2023. Index sector weightings and top holdings are subject to change.

View Daily Fund Holdings

Distributions

ERX Direxion Daily Energy Bull 2X Shares

Record DateEx DatePay DateIncome DividendShort-Term Capital GainLong-Term Capital Gain
12/22/202312/21/202312/29/20230.37361
09/20/202309/19/202309/26/20230.45262
06/22/202306/21/202306/28/20230.46915
03/22/202303/21/202303/28/20230.49985
12/21/202212/20/202212/28/20220.32979
09/21/202209/20/202209/27/20220.41628
06/23/202206/22/202206/29/20220.38241
03/23/202203/22/202203/29/20220.35836
12/22/202112/21/202112/29/20210.18535
09/22/202109/21/202109/28/20210.16896
06/23/202106/22/202106/29/20210.16443
03/24/202103/23/202103/30/20210.12186
12/23/202012/22/202012/30/20200.07433
09/23/202009/22/202009/29/20200.10153
06/24/202006/23/202006/30/20200.16120
12/24/201912/23/201912/31/20190.07369
09/25/201909/24/201910/01/20190.07119
03/20/201903/19/201903/26/20190.12762
12/28/201812/27/201801/04/20190.08183
09/26/201809/25/201810/02/20180.11352
06/20/201806/19/201806/26/20180.27416
12/20/201712/19/201712/27/20170.21402
06/22/201706/20/201706/27/20170.06395
03/23/201703/21/201703/28/20170.01971
06/24/201006/22/201006/29/20100.04942
03/25/201003/23/201003/30/20100.156420.20015
11/24/200911/24/200911/30/20090.000004.64923
09/24/200909/22/200909/29/20090.11018
06/25/200906/23/200906/30/20090.06088
Record Date12/22/2023
Ex Date12/21/2023
Pay Date12/29/2023
Income Dividend0.37361
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/20/2023
Ex Date09/19/2023
Pay Date09/26/2023
Income Dividend0.45262
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/22/2023
Ex Date06/21/2023
Pay Date06/28/2023
Income Dividend0.46915
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/22/2023
Ex Date03/21/2023
Pay Date03/28/2023
Income Dividend0.49985
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/21/2022
Ex Date12/20/2022
Pay Date12/28/2022
Income Dividend0.32979
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/21/2022
Ex Date09/20/2022
Pay Date09/27/2022
Income Dividend0.41628
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/23/2022
Ex Date06/22/2022
Pay Date06/29/2022
Income Dividend0.38241
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/23/2022
Ex Date03/22/2022
Pay Date03/29/2022
Income Dividend0.35836
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/22/2021
Ex Date12/21/2021
Pay Date12/29/2021
Income Dividend0.18535
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/22/2021
Ex Date09/21/2021
Pay Date09/28/2021
Income Dividend0.16896
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/23/2021
Ex Date06/22/2021
Pay Date06/29/2021
Income Dividend0.16443
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/24/2021
Ex Date03/23/2021
Pay Date03/30/2021
Income Dividend0.12186
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/23/2020
Ex Date12/22/2020
Pay Date12/30/2020
Income Dividend0.07433
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/23/2020
Ex Date09/22/2020
Pay Date09/29/2020
Income Dividend0.10153
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/24/2020
Ex Date06/23/2020
Pay Date06/30/2020
Income Dividend0.16120
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/24/2019
Ex Date12/23/2019
Pay Date12/31/2019
Income Dividend0.07369
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/25/2019
Ex Date09/24/2019
Pay Date10/01/2019
Income Dividend0.07119
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/20/2019
Ex Date03/19/2019
Pay Date03/26/2019
Income Dividend0.12762
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/28/2018
Ex Date12/27/2018
Pay Date01/04/2019
Income Dividend0.08183
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/26/2018
Ex Date09/25/2018
Pay Date10/02/2018
Income Dividend0.11352
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/20/2018
Ex Date06/19/2018
Pay Date06/26/2018
Income Dividend0.27416
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/20/2017
Ex Date12/19/2017
Pay Date12/27/2017
Income Dividend0.21402
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/22/2017
Ex Date06/20/2017
Pay Date06/27/2017
Income Dividend0.06395
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/23/2017
Ex Date03/21/2017
Pay Date03/28/2017
Income Dividend0.01971
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/24/2010
Ex Date06/22/2010
Pay Date06/29/2010
Income Dividend0.04942
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/25/2010
Ex Date03/23/2010
Pay Date03/30/2010
Income Dividend0.15642
Short-Term Capital Gain0.20015
Long-Term Capital Gain
Record Date11/24/2009
Ex Date11/24/2009
Pay Date11/30/2009
Income Dividend0.00000
Short-Term Capital Gain4.64923
Long-Term Capital Gain
Record Date09/24/2009
Ex Date09/22/2009
Pay Date09/29/2009
Income Dividend0.11018
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/25/2009
Ex Date06/23/2009
Pay Date06/30/2009
Income Dividend0.06088
Short-Term Capital Gain
Long-Term Capital Gain

ERY Direxion Daily Energy Bear 2X Shares

Record DateEx DatePay DateIncome DividendShort-Term Capital GainLong-Term Capital Gain
12/22/202312/21/202312/29/20230.23417
09/20/202309/19/202309/26/20230.23804
06/22/202306/21/202306/28/20230.32407
03/22/202303/21/202303/28/20230.36106
12/21/202212/20/202212/28/20220.09231
03/25/202003/24/202003/31/20200.14963
12/24/201912/23/201912/31/20190.07556
09/25/201909/24/201910/01/20190.12965
06/26/201906/25/201907/02/20190.20519
03/20/201903/19/201903/26/20190.17868
12/28/201812/27/201801/04/20190.20497
09/26/201809/25/201810/02/20180.07126
03/21/201803/20/201803/27/20180.01789
Record Date12/22/2023
Ex Date12/21/2023
Pay Date12/29/2023
Income Dividend0.23417
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/20/2023
Ex Date09/19/2023
Pay Date09/26/2023
Income Dividend0.23804
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/22/2023
Ex Date06/21/2023
Pay Date06/28/2023
Income Dividend0.32407
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/22/2023
Ex Date03/21/2023
Pay Date03/28/2023
Income Dividend0.36106
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/21/2022
Ex Date12/20/2022
Pay Date12/28/2022
Income Dividend0.09231
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/25/2020
Ex Date03/24/2020
Pay Date03/31/2020
Income Dividend0.14963
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/24/2019
Ex Date12/23/2019
Pay Date12/31/2019
Income Dividend0.07556
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/25/2019
Ex Date09/24/2019
Pay Date10/01/2019
Income Dividend0.12965
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/26/2019
Ex Date06/25/2019
Pay Date07/02/2019
Income Dividend0.20519
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/20/2019
Ex Date03/19/2019
Pay Date03/26/2019
Income Dividend0.17868
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/28/2018
Ex Date12/27/2018
Pay Date01/04/2019
Income Dividend0.20497
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/26/2018
Ex Date09/25/2018
Pay Date10/02/2018
Income Dividend0.07126
Short-Term Capital Gain
Long-Term Capital Gain
Record Date03/21/2018
Ex Date03/20/2018
Pay Date03/27/2018
Income Dividend0.01789
Short-Term Capital Gain
Long-Term Capital Gain

Strategy & Benefits

You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.

Whether you’re a bull or a bear, Direxion is with you. Our leveraged ETFs are powerful tools built to help you:

  • Magnify your short-term perspective with daily 2X leverage
  • Go where there’s opportunity, with bull and bear funds for both sides of the trade; and
  • Stay agile – with liquidity to trade through rapidly changing markets

Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.

Documents

Tax Documents

Download the following Tax Reporting Documents

  • Form 8937
    (ERY 2020)

How to Buy

ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.

We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.

Please note, your advisor or broker may charge commissions or other transaction fees.If you have any questions specific to Direxion products, please contact us direct at [email protected] or 866-476-7523.

Operational Updates

  • 01/23/2024
    Direxion's New ETF Alert Service. Get Price and Volume Alerts automatically via text message!
    Direxion ETF Alerts

Documents & Downloads

How to Buy

While you can't purchase our funds from our website, investors still have multiple options for buying Direxion ETFs
Learn more about buying Direxion ETFs

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