Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP)
| Assets | $163.00M |
| Expense Ratio | 1.01% |
| PE Ratio | n/a |
| Shares Out | 35.86M |
| Dividend (ttm) | $0.18 |
| Dividend Yield | 4.00% |
| Ex-Dividend Date | Mar 24, 2026 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 23,011,483 |
| Open | 4.520 |
| Previous Close | 4.590 |
| Day's Range | 4.352 - 4.585 |
| 52-Week Low | 3.770 |
| 52-Week High | 11.050 |
| Beta | -1.04 |
| Holdings | 13 |
| Inception Date | May 28, 2015 |
About DRIP
Fund Home PageThe Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (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 issued by Direxion.
Top 10 Holdings
106.95% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Govt Cash Man Ins | n/a | 56.96% |
| Goldman Finl Sq Trsry Inst 506 | n/a | 24.71% |
| Dreyfus Trsry Securities Cash Mgmt | n/a | 18.13% |
| S&P O&G Exp Prod Sel Ind Index Swap | n/a | 4.25% |
| S&P Oil & Gas Explor And Prod Select Index Swap | n/a | 2.42% |
| S&P Oil & Gas Explor And Prod Select Index Swap | n/a | 1.69% |
| Citi Collateral | n/a | -0.00% |
| Goldman Collateral | n/a | -0.07% |
| Baml Collateral | n/a | -0.34% |
| Jpm Collateral | n/a | -0.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 24, 2026 | $0.02782 | Mar 31, 2026 |
| Dec 23, 2025 | $0.03134 | Dec 31, 2025 |
| Sep 23, 2025 | $0.06004 | Sep 30, 2025 |
| Jun 24, 2025 | $0.05601 | Jul 1, 2025 |
| Mar 25, 2025 | $0.11115 | Apr 1, 2025 |
| Dec 23, 2024 | $0.03385 | Dec 31, 2024 |
Performance
DRIP had a total return of -58.79% in the past year, including dividends. Since the fund's inception, the average annual return has been -42.22%.
News
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...
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 we...
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.
Bull and bear oil ETFs decline Tuesday
An exchange-traded fund that takes a bullish bet on the energy sector tumbled 15% on Tuesday, extending its 12-month losses to 99%.
Inverse Energy ETFs Soar Amid Global Slowdown Fears
Oil prices skidded Wednesday after weak economic data and a surprise build in inventories rattled energy markets.