Skip to main content

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

NYSEARCA: DRIP · IEX Real-Time Price · USD
8.12 0.55 (7.27%)
Sep 20, 2021 4:00 PM EDT - Market closed
Assets$70.46M
NAV$7.58
Expense Ratio1.06%
PE Ration/a
Shares Out9.30M
Dividend (ttm)n/a
Dividend Yield0.04%
Ex-Dividend DateDec 22, 2020
1-Year Return
-
Volume6,323,143
Open8.12
Previous Close7.57
Day's Range7.85 - 8.40
52-Week Low6.61
52-Week High81.48
Beta-5.13
Holdings6
Inception DateMay 28, 2015

About DRIP

The investment seeks daily investment results, of 200% of the inverse (or opposite) of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is designed to measure the performance of a sub-industry or group of sub-industries determined based on the Global Industry Classification Standards (GICS). The fund is non-diversified.

Asset ClassPortfolio-Multi Asset
SectorNatural Resources
RegionNorth America
IssuerDirexion Investments
Stock ExchangeNYSEARCA
Ticker SymbolDRIP
Index TrackedS&P Oil & Gas Exploration & Production Select Industry Index

Dividends

Ex-DividendAmountPay Date
Dec 22, 2020$0.00277Dec 30, 2020
Dec 23, 2019$0.03246Dec 31, 2019
Sep 24, 2019$0.32244Oct 1, 2019
Mar 19, 2019$0.03605Mar 26, 2019
Dec 27, 2018$0.06027Jan 4, 2019
Sep 25, 2018$0.01604Oct 2, 2018
Full Dividend History

News

Two ETFs to Play Energy and Oil Price Volatility

Oil prices have been giving traders sea sickness as of late with rising COVID-19 cases and hurricanes, which opens up opportunities for bullish as well as bearish plays. “Both hurricanes and the virus a...

Other symbols:GUSH
3 weeks ago - ETF Trends

5 Inverse/Leveraged ETF Areas of Last Week

The last week was extremely upbeat for Wall Street with the S&P 500 and the Dow Jones at record highs.

Other symbols:LABDTECLWANT
5 months ago - Zacks Investment Research

Bearish Energy ETF Could Growl This Month

It's often risky betting against momentum and, for once, the energy sector appears to have some. Just look at the Energy Select Sector SPDR (NYSEARCA: XLE).

10 months 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
10 months 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, everyth...

Other symbols:ERY
10 months ago - Benzinga

4 Inverse leveraged ETFs of Last Week

Wall Street crashed last week on renewed virus fear, election uncertainty and subdued tech earnings.

Other symbols:SDOWSRTYWEBS
10 months ago - Zacks Investment Research

Are Cloudy Skies Ahead for Bullish Oil Investors?

U.S. President Donald Trump’s diagnosis of the coronavirus did no favors for oil prices, which have been languishing after they rebounded from April’s dive into negative territory. Additionally, more he...

Other symbols:GUSH
11 months ago - ETF Trends

Inverse ETFs Gaining More Than 20% in September

The month of September has been brutal for the U.S. stock market with the S&P 500 Index on track for its sharpest decline in September since 2002.

Other symbols:FAZHIBSSMDDSQQQTECS
11 months 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 tra...

Other symbols:GUSH
11 months ago - ETF Trends

5 Inverse/Leveraged ETFs That Gained At Least 10% Last Week

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
1 year 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 oi...

Other symbols:GUSH
1 year ago - ETF Trends

Oil Prices Will be Buoyed By Weaker Dollar, Says Analyst

The normal forces of supply and demand for oil won’t have as much of an effect on prices compared to movements in the dollar, according to one market expert. Oil prices have recovered since their untime...

Other symbols:GUSH
1 year ago - ETF Trends

Oil prices edge up on stimulus support despite ample supplies

Oil prices nudged up on Monday, with Brent futures set to post a fifth straight monthly gain, as global stimulus measures underpin prices even as demand struggles to return to pre-COVID levels in a well...

1 year ago - Reuters

Whether a Bull or Bear, Oil Markets Should Keep Traders Happy

Whether you’re a bull or a bear, the oil market should keep traders happy as a push-pull dichotomy exists when it comes to the latest flood of news from that corner of the energy sector. On one hand, oi...

Other symbols:GUSH
1 year ago - ETF Trends

Are Traders Ready to See Oil Prices Go to $0 Again?

Oil traders remember all too well when oil prices reached negative territory following the coronavirus sell-offs in March, which gave way to a serendipitous drop in oil prices to under $0 a month later....

Other symbols:GUSH
1 year ago - ETF Trends

Oil Bear ETFs Dig Claws in at Chart Support

Here's why energy stocks may come under pressure in the month ahead. Trade a pullback with these three inverse ETFs.

Other symbols:DUGERY
1 year ago - Investopedia

Why It Might Be Time To Consider This Bearish Energy ETF

The energy sector can giveth and taketh away in rapid fashion. For much of this year, it's been the latter, but over the past month the often-volatile S&P Oil & Gas Exploration & Production Select Indus...

1 year ago - Benzinga

Alternative ETFs to Hedge Against Further Weakness in the Energy Sector

While oil stocks rallied alongside the broader market on Friday, the energy sector could continue to be depressed on a falling demand outlook.

Other symbols:DDGDUGERY
1 year ago - ETF Trends

6 Best-Performing Inverse ETFs of Q1

The coronavirus pandemic has resulted in strong demand for inverse or inverse leveraged ETFs as investors can seek higher returns in a short time span.

Other symbols:BZQHIBSSMDDTZA
1 year ago - Zacks Investment Research

Worst Not Over for Oil: Short Energy Stocks With These ETFs

The oil market could face one of the largest supply overhangs in modern oil market history in April. This indicates that the worst might not be over yet.

Other symbols:DDGDUGERY
1 year ago - Zacks Investment Research

Oil Faces More Downward Pressure, DRIP ETF Doesn’t Mind

Oil prices fell below $30 a barrel during Monday’s raucous trading session as crude followed the Dow Jones Industrial Average downward.

Other symbols:SCO
1 year ago - ETF Trends

Leveraged or Inverse ETFs Gain Amid Market Crash

Investors rushed to leveraged or inverse leveraged ETFs to increase returns on quick market turns in a short span.

Other symbols:UTSL
1 year ago - Zacks Investment Research

Amid Oil Rout, Traders Took Profits in Popular Bear ETF

On Monday, oil prices endured the worst single-day drubbing since 1991 during the Gulf War.

1 year ago - Benzinga

3 Bearish Oil ETFs To Consider Amid Crude's Violent Tumble

At one point Sunday, oil futures were trading lower by as much as 30% after the Organization of Petroleum Exporting Countries failed to reach an agreement with some previously cooperating countries — na...

1 year ago - Benzinga

7 Best Performing Inverse ETFs of February

We have highlighted seven leveraged inverse ETFs that have piled up handsome gains in February though these involve a great deal of risk when compared to traditional products.

Other symbols:ERYJDST
1 year ago - Zacks Investment Research