The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Energy Select Sector Index.
The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, 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 ERY News
No recent news for Direxion Daily Energy Bear 3X Shares.
|1 month||-0.55%|| ||3 years||-44.30%|
|3 months||-21.59%|| ||5 years||-52.60%|
|1 year||-51.19%|| ||Since inception||-59.21%|
|Open day’s range||12.70 – 13.02|
|Net asset value (NAV)||12.71 (07/25/2014)|
|Average volume (3 months)||399,981|
Data as of 3:59pm ET, 07/28/2014
Peer Comparisonvs. Trading-inverse equity ETFs
|Performance 5-yr return||-52.60%||-35.97%|
|Expense Gross exp ratio||1.05%||0.96%|
|Risk 5 year sharpe ratio||-1.22||-1.31|
|Average market cap||--||$63.2B|
|Dividend / Share||--||0.38%|
|SH ProShares Short S&P500|
|SDS ProShares UltraShort S&P500|
|SPXU ProShares UltraPro Short S&P500|
Top 5 Sectors
Top 10 Holdings