ERX

Direxion Daily Energy Bull 2x Shares
*Unless otherwise stated, data provided by FactSet.

ERX Fund Description

ERX provides 2x leveraged exposure to a market-cap-weighted index of US large-cap companies in the energy industry.

ERX Factset Analytics Insight

ERX provides 2x 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, ERX isn’t designed to be a long-term investment—instead, it should be used as a short-term trading vehicle. 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. Note: Prior to March 31, 2020, the fund provided 3x daily exposure to the same index.

ERX MSCI ESG Analytics Insight

Direxion Daily Energy Bull 2x Shares has an MSCI ESG Fund Rating of A based on a score of 5.84 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Direxion Daily Energy Bull 2x Shares ranks in the 41st percentile within its peer group and in the 60th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 07/27/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
ERX -20.01% 7.26% 68.19% 66.07% -60.10% -38.70% -29.52%
ERX (NAV) -21.61% 2.49% 64.54% 61.98% -60.19% -38.54% -29.26%
S&P Energy Select Sector Index -10.99% 2.68% 32.71% 38.04% -8.78% -1.49% --
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
1.00%
$559.93M
0.04%
DIG

ERX Portfolio Data

1.54%
N/A

ERX Index Data

Market Cap
Committee
N/A

ERX Fund Structure

Yes
Yes
-- / --
N/A
N/A
Low
2
Daily

ERX Tax Exposures

20.00% / 39.60%
--
No

ERX Factset Analytics Block Liquidity

As of 07/28/21
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

3,486,551
$93.98M
3,221,586
$87.68M
0.04%
$0.01
0.04%
0.31% / -0.27%
None
98.00%
50,000
64.43
0.02%
--
128,722
$23.38
5

ERX MSCI ESG Ratings

5.84 / 10
60.00
41.42
--
0.16%
457.70

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