ERX
NAV (Net Asset Value)$60.07As of Mar 06, 2024
1 Day NAV change$+0.36(+0.60%)As of Mar 06, 2024
ERY
NAV (Net Asset Value)$26.10As of Mar 06, 2024
1 Day NAV change$-0.15(-0.58%)As of Mar 06, 2024
ERXDirexion Daily Energy Bull 2X Shares
ERYDirexion Daily Energy Bear 2X Shares
Inception Date
Nov 06, 2008
Operational Updates
- 01/23/2024
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Documents & Downloads
- ERX ERY Fact Sheet (pdf)
- Direxion ETFs List (pdf)
- ERX Prospectus
- ERY Prospectus
- Daily Fund Holdings (csv)
These leveraged ETFs seek a return that is 200% or -200% of the return of their benchmark indexfor a single day. The funds should not be expected to provide two times or negative two times the return of the benchmark’s cumulative return for periods greater than a day.
Pricing & Performance
NAV and Market Price information as of 03/06/2024.
ERX
Direxion Daily Energy Bull 2X Shares
Net Asset Value (NAV)
Market Price Closing
$60.10Market
$+0.37Change
+0.62%Change
Premium / Discount
$+0.03Change from Last Day Trading
Premium/Discount tool
ERY
Direxion Daily Energy Bear 2X Shares
Net Asset Value (NAV)
$26.10Nav
$-0.15Change
-0.58%Change
Market Price Closing
$26.10Market
$-0.17Change
-0.65%Change
Premium / Discount
—Change from Last Day Trading
Premium/Discount tool
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| 1M | 3M | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Expense Ratio* (Gross / Net%) | Inception Date | |
|---|---|---|---|---|---|---|---|---|---|---|
| ERX NAV | 1M 5.74 | 3M 3.03 | YTD 3.74 | 1Y 1.49 | 3Y 41.20 | 5Y -21.12 | 10Y -22.42 | Since -12.50 | Expense Ratio* 0.94 / 0.94* | Inception 11/06/2008 |
| ERX Market Close | 1M 5.75 | 3M 2.89 | YTD 3.71 | 1Y 1.51 | 3Y 41.15 | 5Y -21.10 | 10Y -22.42 | Since -12.50 | Expense Ratio* 0.94 / 0.94* | Inception 11/06/2008 |
| ERY NAV | 1M -5.52 | 3M -4.03 | YTD -4.34 | 1Y -11.56 | 3Y -48.19 | 5Y -41.94 | 10Y -30.01 | Since -40.93 | Expense Ratio* 1.11 / 1.08* | Inception 11/06/2008 |
| ERY Market Close | 1M -5.42 | 3M -3.98 | YTD -4.33 | 1Y -11.65 | 3Y -48.15 | 5Y -41.93 | 10Y -29.99 | Since -40.93 | Expense Ratio* 1.11 / 1.08* | Inception 11/06/2008 |
As of February 29, 2024
The Primary Listing Exchange is the NYSE Arca, Inc.
*The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.92% for ERX and 0.95% for ERY. The Funds’ adviser, Rafferty Asset Management, LLC (“Rafferty”), has entered into an Operating Expense Limitation Agreement with each Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse a Fund for Other Expenses through September 1, 2024, to the extent that a Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.
The performance shown prior to April 1, 2020, reflects the Funds’ previous daily leveraged investment objectives, before fees and expenses, of 300% or -300%, of the performance of the Index.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the fund’s website at www.direxion.com.
Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.
Index Information
The Energy Select Sector Index (IXETR) 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. One cannot invest directly in an index.
Index Top Ten Holdings
| % of Total | |
|---|---|
| Exxon | % of Total 22.47 % |
| Chevron Texaco | % of Total 17.56 % |
| Conocophillips | % of Total 9.24 % |
| Eog Resources | % of Total 4.73 % |
| Schlumberger | % of Total 4.67 % |
| Phillips 66 | % of Total 3.96 % |
| Marathon Petroleum | % of Total 3.81 % |
| Pioneer National Resource | % of Total 3.55 % |
| Valero Energy | % of Total 2.99 % |
| Williams | % of Total 2.86 % |
Index Sector Weightings
| % of Total | |
|---|---|
| Oil, Gas & Consumable Fuels | % of Total 90.82 % |
| Energy Equipment & Services | % of Total 9.18 % |
Index data as of 12/31/2023. Index sector weightings and top holdings are subject to change.
View Daily Fund Holdings
Distributions
ERX Direxion Daily Energy Bull 2X Shares
| Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain |
|---|---|---|---|---|---|
| 12/22/2023 | 12/21/2023 | 12/29/2023 | 0.37361 | — | — |
| 09/20/2023 | 09/19/2023 | 09/26/2023 | 0.45262 | — | — |
| 06/22/2023 | 06/21/2023 | 06/28/2023 | 0.46915 | — | — |
| 03/22/2023 | 03/21/2023 | 03/28/2023 | 0.49985 | — | — |
| 12/21/2022 | 12/20/2022 | 12/28/2022 | 0.32979 | — | — |
| 09/21/2022 | 09/20/2022 | 09/27/2022 | 0.41628 | — | — |
| 06/23/2022 | 06/22/2022 | 06/29/2022 | 0.38241 | — | — |
| 03/23/2022 | 03/22/2022 | 03/29/2022 | 0.35836 | — | — |
Record Date12/22/2023 Ex Date12/21/2023 Pay Date12/29/2023 Income Dividend0.37361 Short-Term Capital Gain— Long-Term Capital Gain— Record Date09/20/2023 Ex Date09/19/2023 Pay Date09/26/2023 Income Dividend0.45262 Short-Term Capital Gain— Long-Term Capital Gain— Record Date06/22/2023 Ex Date06/21/2023 Pay Date06/28/2023 Income Dividend0.46915 Short-Term Capital Gain— Long-Term Capital Gain— Record Date03/22/2023 Ex Date03/21/2023 Pay Date03/28/2023 Income Dividend0.49985 Short-Term Capital Gain— Long-Term Capital Gain— Record Date12/21/2022 Ex Date12/20/2022 Pay Date12/28/2022 Income Dividend0.32979 Short-Term Capital Gain— Long-Term Capital Gain— Record Date09/21/2022 Ex Date09/20/2022 Pay Date09/27/2022 Income Dividend0.41628 Short-Term Capital Gain— Long-Term Capital Gain— Record Date06/23/2022 Ex Date06/22/2022 Pay Date06/29/2022 Income Dividend0.38241 Short-Term Capital Gain— Long-Term Capital Gain— Record Date03/23/2022 Ex Date03/22/2022 Pay Date03/29/2022 Income Dividend0.35836 Short-Term Capital Gain— Long-Term Capital Gain— | |||||
ERY Direxion Daily Energy Bear 2X Shares
| Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain |
|---|---|---|---|---|---|
| 12/22/2023 | 12/21/2023 | 12/29/2023 | 0.23417 | — | — |
| 09/20/2023 | 09/19/2023 | 09/26/2023 | 0.23804 | — | — |
| 06/22/2023 | 06/21/2023 | 06/28/2023 | 0.32407 | — | — |
| 03/22/2023 | 03/21/2023 | 03/28/2023 | 0.36106 | — | — |
| 12/21/2022 | 12/20/2022 | 12/28/2022 | 0.09231 | — | — |
Record Date12/22/2023 Ex Date12/21/2023 Pay Date12/29/2023 Income Dividend0.23417 Short-Term Capital Gain— Long-Term Capital Gain— Record Date09/20/2023 Ex Date09/19/2023 Pay Date09/26/2023 Income Dividend0.23804 Short-Term Capital Gain— Long-Term Capital Gain— Record Date06/22/2023 Ex Date06/21/2023 Pay Date06/28/2023 Income Dividend0.32407 Short-Term Capital Gain— Long-Term Capital Gain— Record Date03/22/2023 Ex Date03/21/2023 Pay Date03/28/2023 Income Dividend0.36106 Short-Term Capital Gain— Long-Term Capital Gain— Record Date12/21/2022 Ex Date12/20/2022 Pay Date12/28/2022 Income Dividend0.09231 Short-Term Capital Gain— Long-Term Capital Gain— | |||||
Strategy & Benefits
You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.
Whether you’re a bull or a bear, Direxion is with you. Our leveraged ETFs are powerful tools built to help you:
- Magnify your short-term perspective with daily 2X leverage
- Go where there’s opportunity, with bull and bear funds for both sides of the trade; and
- Stay agile – with liquidity to trade through rapidly changing markets
Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.
Documents
Fund Documents
- ERX ERY Fact Sheet (pdf)
- Direxion ETFs List (pdf)
- ERX Prospectus
- ERY Prospectus
- Daily Fund Holdings (csv)
Tax Documents
Download the following Tax Reporting Documents
- Form 8937
(ERY 2020)
How to Buy
ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.
We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.
Please note, your advisor or broker may charge commissions or other transaction fees.If you have any questions specific to Direxion products, please contact us direct at [emailprotected] or 866-476-7523.
