Investment Objective
The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Energy Select Sector Index.
The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Energy Select Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is provided by Standard & Poor's and includes domestic companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.
Latest ERX News
No recent news for Direxion Daily Energy Bull 3X Shares.
Performance
| 1 month | +23.63% | | 3 years | +34.09% |
| 3 months | +14.80% | | 5 years | -- |
| 1 year | +86.52% | | Since inception | +12.02% |
Quote Details
| Previous close | $71.90 |
| Open day’s range | 69.12 – 70.98 |
| Net asset value (NAV) | 71.83 (05/23/2013) |
| Daily volume | 587,472 |
| Average volume (3 months) | 693,602 |
Data as of 4:00pm ET, 05/24/2013
Peer Comparisonvs. Trading-leveraged equity ETFs
| | ERX | Category |
|---|
| Performance 5-yr return | -- | +2.66% |
| Expense Gross exp ratio | 1.01% | 0.91% |
| Risk 5 year sharpe ratio | -- | 0.28 |
| Net assets | $185.7M | $140.3M |
| Average market cap | -- | -- |
| Average P/E | -- | -- |
| Dividend / Share | -- | 0.16% |
Competitors
| BXUC Barclays Long C Leveraged S&P 500 TR ETN |
| BXUB Barclays Long B Leveraged S&P 500 TR ETN |
Holdings
Top 5 Sectors
Portfolio weighting
Top 10 Holdings
Portfolio weighting
| -- Energy Select Sector | 227.85% |
| -- Energy Select Sector | 31.10% |
| -- Energy Select Sector | 16.76% |
| XLE Energy Select Sector SPDR | 11.12% |
| -- Energy Select Sector | 10.27% |
-0.92 / -1.28%
+0.02 / +0.03%
.
