ERY - Direxion Daily Energy Bear 2x Shares
|Ex-Dividend Date||Mar 24, 2020|
|Trading Day||April 20|
|Day's Range||18.91 - 20.10|
|52-Week Range||15.51 - 89.11|
The investment seeks daily investment results, before fees and expenses, of 200% of the inverse of the daily performance of the Energy Select Sector Index. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse 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 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. It is non-diversified.
|Asset Class |
|Inception Date |
Nov 6, 2008
|Ticker Symbol |
|Index Tracked |
Energy Select Sector Index
|Mar 24, 2020||$0.15||Mar 31, 2020|
|Dec 23, 2019||$0.076||Dec 31, 2019|
|Sep 24, 2019||$0.13||Oct 1, 2019|
|Jun 25, 2019||$0.205||Jul 2, 2019|
|Mar 19, 2019||$0.179||Mar 26, 2019|
|Dec 27, 2018||$0.205||Jan 4, 2019|
It's already been a banner year for bearish oil bets with crude ranking as one of 2020's worst-performing commodities, but more could be on the way for oil shorts with it now clear Joe Biden will be the...
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...
Signs of rising coronavirus cases with easing lockdowns, the Fed???s cautious outlook on the economy, and chances of a rise in corporate taxes if Democrats make it to the presidency are concerns for Wal...
While oil stocks rallied alongside the broader market on Friday, the energy sector could continue to be depressed on a falling demand outlook.
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.
Friday brought an upbeat February jobs report, but confirming that market participants are locked into the coronavirus, stocks continued swooning as the number of confirmed cases of the respiratory illn...
According to a recent analysis from MSCI, the U.S. equities could fall another 11% from Mar 3 levels.
Despite encouraging signs late in 2019 that the energy market might be swept up in the rally that pushed major indexes to new highs, the prices for oil and natural gas have spent the initial weeks of 20...
The rapidly spreading coronavirus has made investors jittery this week, sending the global market into a tailspin. This has resulted in strong demand for inverse or inverse leveraged ETFs.
Rising tensions in the Middle East is no doubt the prime mover right now when it comes to soaring oil prices, but oil tycoon Harold Hamm says that prices could move as high as 19%–irrespective of what h...
The U.S. Department of Energy (DOE) announced selections for $128 million in new projects to advance solar technologies. For traders looking to make a leveraged play on energy, this is one development t...
It will be “California Dreamin'” as in dreaming of electricity for a number of Northern California residents as utility group PG&E Corp is cutting electricity in order to minimize the risk of wildfires....
Geopolitical headlines are one of the ideal catalysts for trading leveraged exchange-traded funds and traders looking to tap geared energy ETFs Monday got the volatility they were looking for.
Wall Street has been witnessing a tough ride this month due to U.S.-China trade conflicts, weak global economic data, low inflation and political unrest in Hong Kong.
Oil prices skidded Wednesday after weak economic data and a surprise build in inventories rattled energy markets.
Amid bearish fundamentals, many investors have turned bearish on the energy sector and are seeking to tap this opportunity. For them, an inverse or leveraged inverse play on energy or oil could be an ex...
Something interesting is happening in the energy patch this year and it is not just oil's status as one 2019's best-performing commodities.