Direxion Daily Energy Bull 2x Shares (ERX)
| Assets | $246.04M |
| Expense Ratio | 0.93% |
| PE Ratio | 10.64 |
| Shares Out | 4.76M |
| Dividend (ttm) | $1.69 |
| Dividend Yield | 3.18% |
| Ex-Dividend Date | Sep 24, 2024 |
| Payout Ratio | 33.86% |
| 1-Year Return | -9.87% |
| Volume | 541,463 |
| Open | 52.07 |
| Previous Close | 52.24 |
| Day's Range | 51.90 - 53.55 |
| 52-Week Low | 50.00 |
| 52-Week High | 77.52 |
| Beta | 2.62 |
| Holdings | 29 |
| Inception Date | Nov 6, 2008 |
About ERX
Fund Home PageThe Direxion Daily Energy Bull 2x Shares (ERX) is an exchange-traded fund that is based on the Energy Select Sector index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap companies in the energy industry. ERX was launched on Nov 6, 2008 and is issued by Direxion.
Top 10 Holdings
192.10% of assets| Name | Symbol | Weight |
|---|---|---|
| ENERGY SELECT SECTOR INDEX SWAP | n/a | 73.88% |
| ENERGY SELECT SECTOR INDEX SWAP | n/a | 29.23% |
| DREYFUS GOVT CASH MAN INS | n/a | 21.60% |
| ENERGY SELECT SECTOR INDEX SWAP | n/a | 20.78% |
| Exxon Mobil Corporation | XOM | 16.37% |
| Chevron Corporation | CVX | 11.59% |
| ConocoPhillips | COP | 5.99% |
| GOLDMAN SACHS FIN GOV 465 INSTITUT | n/a | 5.57% |
| The Williams Companies, Inc. | WMB | 3.75% |
| EOG Resources, Inc. | EOG | 3.34% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2024 | $0.395 | Oct 1, 2024 |
| Jun 25, 2024 | $0.414 | Jul 2, 2024 |
| Mar 19, 2024 | $0.512 | Mar 26, 2024 |
| Dec 21, 2023 | $0.374 | Dec 29, 2023 |
| Sep 19, 2023 | $0.453 | Sep 26, 2023 |
| Jun 21, 2023 | $0.469 | Jun 28, 2023 |
News
ERX: Turbocharging The XLE
Crude oil prices have posted double-digit percentage gains in 2024 after falling in 2023. The Energy Select Sector SPDR® Fund ETF, XLE, has experienced a double-digit percentage gain in 2024, indicati...
ERX: A Compelling Case For Turbocharged Energy-Related Stocks
Energy was the worst-performing sector in the commodities market in 2023, with a decline of 21.85%. The current economic and geopolitical landscape suggests a bullish outlook for fossil fuel prices in...
ERX: A Floor In Oil Could Send The Leveraged ETF Higher
OPEC's recent meeting ended in a stalemate, with unchanged production quotas and a "voluntary" program for additional output cuts. Oil prices have declined due to Chinese economic weakness, but the U....
If Crude Oil Is Heading Higher, ERX Could Turbocharge Returns
Crude oil prices have stabilized above $80 per barrel, indicating a potential increase in the coming weeks and months. High gasoline and distillate crack spreads suggest bullish signs for crude oil pr...
The Effect Of Technical Analysis On ETF Investing
I explain the methodology for choosing which ETFs to invest in, using a combination of technical and fundamental analysis to identify the best sectors and trends. I suggest that ETFs are not less than...
2 Volatile ETFs Are Gaining Popularity. Realize the Risks.
These volatile ETFs can make a lot of money in the right market, but they can lose a ton in the wrong market.
ERX: A Short-Term Trading Product
Oil, gas, and energy stocks have declined from their highs. Three reasons why another rally is likely: SPR buying, seasonality, and Chinese and Indian demand. Traditional energy company profits are th...
ERX: Be Patient With This Energy ETF
The fundamental factors of demand and supply remain intact for the energy sector for the long term. The valuation and dividends are attractive for some of the energy stocks.
ERX: Turbocharging Your Portfolio With Traditional Energy Exposure
Crude oil has come down, but oil-related stocks have held because earnings keep coming. The prospects for higher oil prices remain clear and present danger for three compelling reasons - the US SPR, O...
ERX: A Buy After Assessing Likelihood Of Windfall Taxes On Oil Profits
After the Fed's latest hawkish action, ERX has given up some of its gains. It is also about demand-supply dynamics though.
Want To Play The Energy Sector Bullish Into Exxon Earnings? This ETF Offers 2X Returns - Direxion Energy Bull 2X Shares (ARCA:ERX)
Direxion Energy Bull 2X Shares (NYSE: ERX) was trading slightly lower in consolidation on Tuesday, after momentum within an uptrend caused the ETF to rally over 14% between Oct. 19 and Monday.
ERX: Accelerated Exposure To Exxon And Chevron Plus Dividends
ERX which is an oil and gas ETF has delivered gains at an accelerated pace of more than two times XLE during the last one-year period. However, this being a leveraged ETF, it carries more volatility r...
Gas ETFs To Fill Your Tank
The price of gasoline is high, but there are funds that gain exposure.
As Exxon, Chevron Continue To Plunge, Here's A Look At The Direxion Energy Bull 2X Shares ETF Chart
Direxion Energy Bull 2X Shares (NYSE: ERX) gapped down 10.42% to start the trading day on Wednesday. The ETF was erasing some of its losses in the afternoon, trading about 8% lower.
ERX: High Risk For Bull Oil Markets
ERX is a leveraged oil bull position. Returns have been stellar in the bull oil market.
Direxion Daily Energy Bull 2X Shares: Now Comes The Hard Part
ERX is one of the best performing ETFs this year with leveraged exposure to energy stocks.
Najarian: Big buying in options of small cap, gold and energy ETFs
MarketRebellion.com co-founder Jon Najarian details the increase in recent options activity in small caps, gold and a bullish bet on energy.
4 Inverse Energy ETFs To Watch As Russia Invades Ukraine
The fears of rising interest rates, and inflation that have been piquing investors are now starkly overshadowed by a full-blown Russian invasion of Ukraine. President Joe Biden and U.S allies have im...
ERX For Short-Term Opportunities In Traditional Energy - $100 Crude Oil On The Horizon In 2022
A correction stops at the right technical level.
ERX: North American Oil & Gas Majors' 2x Returns
As the Energy sector rally continues, we analyze a leveraged vehicle to take advantage of the upswing. The Direxion Daily Energy Bull 2X Shares seeks daily investment results of 200% of the performanc...
ETF/ETN Breakouts Week 42 - October 2021: Short-Term Funds To Give You An Edge
The monthly ETF/ETN forecast article highlights some strong sectors, index and commodity funds as a summary of the weekly and daily chat room articles. This report goes out weekly with live daily upda...
Direxion Daily Energy Bull 2x ETF: Drill, Baby, Drill
My previous post discovered ERX in a comparative analysis of leveraged oil ETFs. Since then, the ETF has followed crude's precipitous rise above $70 bbl.
