ERX - Direxion Daily Energy Bull 2X Shares
| Assets | $581.46M |
| NAV | $22.88 |
| Expense Ratio | 1.06% |
| PE Ratio | n/a |
| Beta (5Y) | 4.31 |
| Dividend (ttm) | $0.46 |
| Dividend Yield | 2.01% |
| Ex-Dividend Date | Mar 23, 2021 |
| 1-Year Return | - |
| Trading Day | April 21 |
| Last Price | $21.77 |
| Previous Close | $21.69 |
| Change ($) | 0.08 |
| Change (%) | 0.37% |
| Day's Open | 21.11 |
| Day's Range | 20.93 - 21.78 |
| Day's Volume | 717,192 |
| 52-Week Range | 7.40 - 28.60 |
Fund Description
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Energy Select Sector Index. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is provided by S&P Dow Jones Indices and includes domestic companies from the energy sector which includes the following industries: oil, gas and consumable fuels; and energy equipment and services. The fund is non-diversified.
| Asset Class Equity | Sector Large Cap |
| Region North America | Inception Date Nov 6, 2008 |
| Exchange NYSEARCA | Ticker Symbol ERX |
| Index Tracked Energy Select Sector Index | |
Top 10 Holdings
82.22% of assets| Name | Symbol | Weight |
|---|---|---|
| ENERGY SELECT SECTOR INDEX SWAP | n/a | 20.50% |
| Energy Select Sector Index SWAP | n/a | 15.88% |
| ENERGY SELECT SECTOR INDEX SWAP | n/a | 13.66% |
| Exxon Mobil | XOM | 7.09% |
| Chevron | CVX | 6.84% |
| DREYFUS GOVT CASH MGMT | n/a | 6.72% |
| ENERGY SELECT SECTOR INDEX SWAP | n/a | 4.61% |
| DREYFUS GOVT CASH MGMT | n/a | 2.76% |
| DREYFUS GOVT CASH MGMT | n/a | 2.62% |
| EOG Resources | EOG | 1.54% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 23, 2021 | $0.122 | Mar 30, 2021 |
| Dec 22, 2020 | $0.074 | Dec 30, 2020 |
| Sep 22, 2020 | $0.102 | Sep 29, 2020 |
| Jun 23, 2020 | $0.161 | Jun 30, 2020 |
| Dec 23, 2019 | $0.737 | Dec 31, 2019 |
| Sep 24, 2019 | $0.071 | Oct 1, 2019 |
Energy has had a nice 2021 thus far. Bold traders might want to give the Direxion Daily Energy Bull 3X Shares (ERX) a look.
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Oil prices continue to move forward, allowing energy-focused ETFs like the Direxion Daily Energy Bull 2X Shares (ERX) to continue their upward climb. The start of the week's trading session saw major U....
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First, the necessary disclaimer that leveraged exchange-traded funds should not be held for weeks or months on end.
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