ERX

Direxion Daily Energy Bull 3x Shares
*Unless otherwise stated, data provided by FactSet.

ERX Fund Description

The Direxion Daily Energy Bull ETF provides 3x leveraged exposure to a market-cap-weighted index of US large-cap companies in the energy industry.

ERX Factset Analytics Insight

ERX provides 3x leveraged exposure to the S&P Energy Select Sector Index—a market-cap-weighted index of US energy companies from the S&P 500, heavily weighted towards the handful of firms that dominate the energy sector. Providing hyper-concentrated exposure to a concentrated sector, the ERX wasn't designed to be a long-term investment, but a short-term trading vehicle, making its high but typical fee less important. The fund rebalances daily. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index and beta-1 funds, such as XLE, that track that index. Despite this, ERX's asset base is indicative of strong investor interest, which is also reflected by ample liquidity and narrow spreads.

ERX CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
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Select ETFs to compare their performance:
PERFORMANCE [as of 07/12/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
ERX -2.75% 21.48% 8.86% 54.44% -6.31% -11.68% --
ERX (NAV) -2.73% 21.51% 9.17% 54.55% -6.30% -11.69% --
S&P Energy Select Sector Index -1.31% 7.93% 6.48% 21.54% 4.13% 1.25% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

ERX Summary Data

Direxion
11/06/08
Open-Ended Fund
1.10%
$437.73M
0.06%

ERX Portfolio Data

1.29%
09/25/18

ERX Index Data

Market Cap
Committee
N/A

ERX Fund Structure

Yes
Yes
No Policy
N/A
N/A
Low
3
Daily

ERX Tax Exposures

20.00% / 39.60%
--
No
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

ERX Factset Analytics Block Liquidity

As of 07/13/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of ERX. ERX is rated a 5 out of 5.

ERX Tradability

2,202,455
$84.61M
2,081,071
$81.45M
0.06%
$0.02
-0.02%
0.22% / -0.30%
None
0.00%
50,000
41.62
0.01%
0.18%
45,282
$37.77
5

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