ERXDirexion Daily Energy Bull 3X Shares(Exchange Traded Fund Leveraged 3xRebalanced: Daily)
XTF Rating* 1.2
Price:$15.07 -0.17(-1.12%)
52 Week:$12.78 - $25.37
Volume: 1,730,652
Avg Daily Volume: 1,894,398
Market Cap: $246,126,259 Avg Trade Size: 304 shares
Fund Turnover: 8 days 1/23/2020 4:10:00 PM
Similar ETFs to ERX: DIG, NRGO, NRGU, GUSH, GASL

Direxion Daily Energy Bull 3X Shares is an exchange-traded fund incorporated in the USA. The Daily Energy Bull 3x ETF seeks daily investment results, before fees and expenses, of 300% of the performance of Standard and Poor's Energy Select Sector Index. There is no guarantee the fund will meet its stated investment objective. The Index is provided by Standard & Poor's (the 'Index Provider') and includes domestic companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The Index is one of nine Select Sector Indexes developed and maintained in accordance with the following criteria: Each of the component securities in the Index is a constituent company of the S&P 500 Index;Each stock in the S&P 500 Index is allocated to one and only one of the Select Sector Indexes; and The Index is calculated by the 'Index Provider using a modified 'market capitalization' methodology, which is a hybrid between equal weighting and conventional capitalization weighting with the weighting capped for the largest stocks included in the Index. This design ensures that each of the component stocks within a Select Sector Index is represented in a proportion consistent with its percentage with respect to the total market capitalization of such Select Sector Index.

Inception Date: 11/6/2008Geography: US  Asset Class: Equity
Primary Exchange: NYSE ArcaInvestment Philosophy: Passively ManagedCapitalization: Large Cap
Issuer: Direxion SharesUnderlying Index: S&P Energy Select Sector IndexSector: Energy > Energy Multi-Industry
Index Provider: Standard & Poor'sIndex Composition: Cap-Weighted

Structural Integrity
Investment Metrics
Fund Holdings
Fund Exposure
News Headlines
ERX Structural Integrity ranks in the 30th percentile (among all 1579 Equity ETFs over past 6 months).
as of 11/29/2019 Value  Rank (%)
Expense Ratio 1.10% 
 3.8%
Average Bid Ask Ratio Premium Content 
 75.9%
Tracking Error Premium Content 
 70.2%
Concentration Risk Premium Content 
 7.8%
Market Impact Premium Content 
 75.7%
Efficiency Premium Content 
 16.2%
Cap Gains Dist Premium Content 
 100%
     
as of 1/22/2020  
Avg Number of Components   (range) 29   (29-30)
Legal Structure Open-End Investment Company 
Annual Yield 1.79%
Last Dividend PaidDate 0.07, 12/23/2019   See Distributions
Options / Futures Available Y  /  Y 
Short Interest / Days to Cover 4.4% /  0 days
Net Asset Value $246,124,996 
Premium (Discount) 0% 
*The XTF Rating for an ETF is based on statistical analysis of its structural integrity and investment metric giving a total range between 0 and 10 with 10 being the best. Read More.





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