Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP)

NYSEARCA: DRIP · IEX Real-Time Price · USD
14.18
+0.15 (1.07%)
Feb 3, 2023, 4:00 PM EST - Market closed
1.07%
Assets $97.85M
Expense Ratio 1.00%
PE Ratio n/a
Shares Out 6.96M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return -62.59%
Volume 3,338,291
Open 14.01
Previous Close 14.03
Day's Range 13.32 - 14.23
52-Week Low 10.66
52-Week High 42.30
Beta -3.83
Holdings 14
Inception Date May 28, 2015

About DRIP

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP) is an exchange-traded fund that mostly invests in energy equity. The fund provides 2x inverse daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. DRIP was launched on May 28, 2015 and is managed by Direxion.

Asset Class Equity
Category Trading--Inverse Equity
Region North America
Stock Exchange NYSEARCA
Ticker Symbol DRIP
Issuer Website Direxion
Index Tracked S&P Oil & Gas Exploration & Production Select Industry

Top 10 Holdings

74.51% of assets
Name Symbol Weight
DREYFUS GOVT CASH MGMT n/a 55.60%
GOLDMAN FINL SQ TRSRY INST 506 n/a 11.71%
DREYFUS TREASURY SECURITIES CASH MANAGEMENT n/a 7.95%
GOLDMAN FINL SQ TRSRY INST 506 FTIXX 7.48%
DREYFUS GOVT CASH MGMT n/a 6.15%
GOLDMAN FINL SQ TRSRY INST 506 n/a 5.42%
DREYFUS TREASURY SECURITIES CASH MANAGEMENT n/a 2.89%
DREYFUS GOVT CASH MGMT n/a 1.31%
GOLDMAN FINL SQ TRSRY INS n/a 1.26%
S&P OIL & GAS EXPLOR AND PROD SELECT INDEX SWAP n/a -25.24%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 22, 2020 $0.0277 Dec 30, 2020
Dec 23, 2019 $0.2705 Dec 31, 2019
Sep 24, 2019 $2.687 Oct 1, 2019
Mar 19, 2019 $1.5021 Mar 26, 2019
Dec 27, 2018 $2.5112 Jan 4, 2019
Sep 25, 2018 $0.6683 Oct 2, 2018
Full Dividend History

News

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Other symbols: CWEBTSLS
1 month ago - Zacks Investment Research

Looking To Trade The Oil And Gas Sector To The Downside? This 2X Leveraged ETF Formed This Pattern

The Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares DRIP declined about 5% Friday after Russian Deputy Prime Minister Alexander Novak told state-owned news channel Rossiya-24 that Russia could ...

1 month ago - Benzinga

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Other symbols: DUGERYLABDSCOSRTY
1 month ago - ETF Trends

Inverse Energy ETFs Rally as Oil Price Fall to 2022 Lows

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Other symbols: DUGERY
2 months ago - Zacks Investment Research

Top Performing Leveraged/Inverse ETFs: 09/25/2022

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4 months ago - ETF Trends

Slowing Future Demand Could Prop up This Bearish Oil ETF

Consumers have been feeling pain at the pump, but falling oil prices could be alleviating that in the interim. In the meantime, this is helping to prop up the Direxion Daily S&P Oil & Gas Exploration ...

5 months ago - ETF Trends

Top Performing Leveraged/Inverse ETFs: 05/15/2022

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Other symbols: DRVDUSTFAZJDSTTECSZSL
9 months ago - ETF Trends

5 Inverse/Leveraged ETF Areas of Last Week

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9 months ago - Zacks Investment Research

Oil Prices Fall on Hedge Funds Trimming Bullish Bets

Oil prices soared to stratospheric levels following fears of a potential supply crunch after Russia's invasion of Ukraine. Now, prices are coming back down to earth as big players like hedge funds are...

11 months ago - ETF Trends

Contrarian Bearish ETF Bets Against the Energy Sector

As oil and gas company stocks rallied on the surge in crude prices, short-sellers have been betting against the energy sector. Exchange traded fund traders can also turn to inverse or bearish strategi...

Other symbols: DUGERY
11 months ago - ETF Trends

Oil Prices Drop Over 10% on Russia Oil Supply Disruption Amid Invasion

Oil had its worst trading day on Wednesday since November as prices dropped 12%. As CNBC reports, the United States is looking into alternate sources of production amid the Russia-Ukraine conflict.

11 months ago - ETF Trends

Is $200 Per Barrel Oil on the Horizon?

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Other symbols: GUSH
11 months ago - ETF Trends

Get Ready For Reverse Share Splits: DRIP and SOXS

Two funds in Direxion's range of ETFs will have reverse splits after the close of business on March 25, multiplying each funds' share price tenfold. The one-for-ten split will impact the Direxion Dail...

Other symbols: SOXS
1 year ago - ETF Trends

Direxion Announces Reverse Splits of Two ETFs: DRIP & SOXS

NEW YORK, Feb. 18, 2022 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (Tic...

Other symbols: SOXS
1 year ago - PRNewsWire

Top Performing Leveraged/Inverse ETFs: 12/19/2021

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1 year ago - ETF Trends

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Other symbols: GUSH
1 year ago - ETF Trends

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2 years ago - Benzinga

Will Oil ETFs GUSH or DRIP in 2021?

Oil traders have been surfing a wave of volatility this year. Whether they were on the wrong or right side of the trade is another story.

Other symbols: GUSH
2 years ago - ETF Trends

Energy And Power: Oil ETFs Provide Hints At The Global Energy Market's Troubles

The good news for oil investors is that the price of a barrel of oil has stabilized around the $35-$40 area, a far cry from the brief foray into negative territory in April.  The bad news, well, every...

Other symbols: ERY
2 years ago - Benzinga

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Other symbols: SDOWSRTYWEBS
2 years ago - Zacks Investment Research

Are Cloudy Skies Ahead for Bullish Oil Investors?

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Other symbols: GUSH
2 years ago - ETF Trends

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Other symbols: FAZHIBSSMDDSQQQTECS
2 years ago - Zacks Investment Research

Will There Be More Selling Ahead for Crude Oil?

It’s been a rough and tumble year for oil after it dropped to negative prices back in April, but managed to come out of the depths of this negative price territory and climb back, giving bullish oil t...

Other symbols: GUSH
2 years ago - ETF Trends

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Last week was extremely volatile for Wall Street with the S&P 500, the Dow Jones and the Nasdaq losing about 2.5%, 1.7% and 4.1%, respectively.

Other symbols: DUGHIBSSQQQ
2 years ago - Zacks Investment Research

Russian Energy Minister Paints Bleak Picture for Oil Prices

Oil prices have bounced since April’s memorable sell-off, but a recent CNBC report noted that Russian energy minister Alexander Novak is forecasting a modest recovery next year. The bleak picture for ...

Other symbols: GUSH
2 years ago - ETF Trends