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
ERY
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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.
Net Asset Value (NAV)
Market Price Closing
Net Asset Value (NAV)
Market Price Closing
1M | 3M | YTD | 1Y | 3Y | 5Y | 10Y | Since 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.
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% |
Distributions
ERX Direxion Daily Energy Bull 2X Shares
Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain |
---|---|---|---|---|---|
12/22/2023 | 12/21/2023 | 12/29/2023 | 0.37361 | — | — |
09/20/2023 | 09/19/2023 | 09/26/2023 | 0.45262 | — | — |
06/22/2023 | 06/21/2023 | 06/28/2023 | 0.46915 | — | — |
03/22/2023 | 03/21/2023 | 03/28/2023 | 0.49985 | — | — |
12/21/2022 | 12/20/2022 | 12/28/2022 | 0.32979 | — | — |
09/21/2022 | 09/20/2022 | 09/27/2022 | 0.41628 | — | — |
06/23/2022 | 06/22/2022 | 06/29/2022 | 0.38241 | — | — |
03/23/2022 | 03/22/2022 | 03/29/2022 | 0.35836 | — | — |
12/22/2021 | 12/21/2021 | 12/29/2021 | 0.18535 | — | — |
09/22/2021 | 09/21/2021 | 09/28/2021 | 0.16896 | — | — |
06/23/2021 | 06/22/2021 | 06/29/2021 | 0.16443 | — | — |
03/24/2021 | 03/23/2021 | 03/30/2021 | 0.12186 | — | — |
12/23/2020 | 12/22/2020 | 12/30/2020 | 0.07433 | — | — |
09/23/2020 | 09/22/2020 | 09/29/2020 | 0.10153 | — | — |
06/24/2020 | 06/23/2020 | 06/30/2020 | 0.16120 | — | — |
12/24/2019 | 12/23/2019 | 12/31/2019 | 0.07369 | — | — |
09/25/2019 | 09/24/2019 | 10/01/2019 | 0.07119 | — | — |
03/20/2019 | 03/19/2019 | 03/26/2019 | 0.12762 | — | — |
12/28/2018 | 12/27/2018 | 01/04/2019 | 0.08183 | — | — |
09/26/2018 | 09/25/2018 | 10/02/2018 | 0.11352 | — | — |
06/20/2018 | 06/19/2018 | 06/26/2018 | 0.27416 | — | — |
12/20/2017 | 12/19/2017 | 12/27/2017 | 0.21402 | — | — |
06/22/2017 | 06/20/2017 | 06/27/2017 | 0.06395 | — | — |
03/23/2017 | 03/21/2017 | 03/28/2017 | 0.01971 | — | — |
06/24/2010 | 06/22/2010 | 06/29/2010 | 0.04942 | — | — |
03/25/2010 | 03/23/2010 | 03/30/2010 | 0.15642 | 0.20015 | — |
11/24/2009 | 11/24/2009 | 11/30/2009 | 0.00000 | 4.64923 | — |
09/24/2009 | 09/22/2009 | 09/29/2009 | 0.11018 | — | — |
06/25/2009 | 06/23/2009 | 06/30/2009 | 0.06088 | — | — |
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 Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain |
---|---|---|---|---|---|
12/22/2023 | 12/21/2023 | 12/29/2023 | 0.23417 | — | — |
09/20/2023 | 09/19/2023 | 09/26/2023 | 0.23804 | — | — |
06/22/2023 | 06/21/2023 | 06/28/2023 | 0.32407 | — | — |
03/22/2023 | 03/21/2023 | 03/28/2023 | 0.36106 | — | — |
12/21/2022 | 12/20/2022 | 12/28/2022 | 0.09231 | — | — |
03/25/2020 | 03/24/2020 | 03/31/2020 | 0.14963 | — | — |
12/24/2019 | 12/23/2019 | 12/31/2019 | 0.07556 | — | — |
09/25/2019 | 09/24/2019 | 10/01/2019 | 0.12965 | — | — |
06/26/2019 | 06/25/2019 | 07/02/2019 | 0.20519 | — | — |
03/20/2019 | 03/19/2019 | 03/26/2019 | 0.17868 | — | — |
12/28/2018 | 12/27/2018 | 01/04/2019 | 0.20497 | — | — |
09/26/2018 | 09/25/2018 | 10/02/2018 | 0.07126 | — | — |
03/21/2018 | 03/20/2018 | 03/27/2018 | 0.01789 | — | — |
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
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