ERY
Direxion Daily Energy Bear 2X SharesERY Fund Description
ERY provides 2x inverse exposure to a market-cap-weighted index of US large-cap companies in the energy industry.
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 Charts And Performance
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ERY Summary Data
ERY Portfolio Data
ERY Index Data
ERY Fund Structure
ERY Tax Exposures
ERY Factset Analytics Block Liquidity
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
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