What is ERY?

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

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
ERY -- -- -- -- -- -- --
ERY (NAV) -13.08% -17.58% -7.04% -67.31% -59.53% -40.69% -34.73%
S&P Energy Select Sector Index 6.92% 8.41% 3.58% 48.47% 21.25% 8.76% 5.82%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

ERY Factset Analytics Insight

ERY, thru derivative instruments, provides daily 2x inverse exposure to the S&P Energy Select Sector Index, a constituency of energy companies derived from the S&P 500. Remember that this is an extremely concentrated sector, and includes industries such as oil, gas and consumable fuels, and energy equipment and services. The fund is designed to be a short-term trading vehicle and rebalances daily. As a result, compounding and path dependency lead to a lack of predictability in the fund's long-term returns. Prior to March 31, 2020, the fund name was Direxion Daily Energy Bear 3X Shares.

ERY Summary Data

Direxion
11/06/08
0.99%
$39.37M
N/A
Open-Ended Fund

Peers

N/A
N/A

Fund Flows

-$0.00B 5 Days
-$0.01B 30 Days
+$0.00B 90 Days

ERY Fund Structure

Yes
No
-- / --
N/A
N/A
Medium
-2
Daily

ERY Tax Exposures

20.00% / 39.60%
--
No

ERY Portfolio Data

0.79%
N/A

ERY Index Data

Market Cap
Committee
N/A

Factset Analytics Block Liquidity

As of 01/23/23

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

ERY Tradability

8,679,908
$41.22M
8,685,046
$42.29M
0.04%
$0.01
-0.03%
0.51% / -0.29%
None
100.00%
50,000
173.70
0.00%
--
5,029
$27.07
N/A