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Trending ETFs

Direxion Daily Energy Bull 2X Shares

etf
ERX
Dividend policy
Increase
Price as of:
$23.16 -0.37 0%
primary theme
Leveraged Equity
ERX (ETF)

Direxion Daily Energy Bull 2X Shares

Dividend policy
Increase
Price as of:
$23.16 -0.37 0%
primary theme
Leveraged Equity
ERX (ETF)

Direxion Daily Energy Bull 2X Shares

Dividend policy
Increase
Price as of:
$23.16 -0.37 0%
primary theme
Leveraged Equity

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$23.16

-

1.96%

$0.46

1.00%

Vitals

YTD Return

51.6%

1 yr return

75.7%

3 Yr Avg Return

-59.2%

5 Yr Avg Return

-39.8%

Net Assets

$508 M

Holdings in Top 10

85.6%

52 WEEK LOW AND HIGH

$23.53
$7.90
$30.54

Expenses

OPERATING FEES

Expense Ratio 1.00%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 72.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Trading--Leveraged Equity


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$23.16

-

1.96%

$0.46

1.00%

ERX - Profile

Distributions

  • YTD Total Return 61.4%
  • 3 Yr Annualized Total Return -59.2%
  • 5 Yr Annualized Total Return -39.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.80%
DIVIDENDS
  • Dividend Yield 2.9%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Direxion Daily Energy Bull 2X Shares
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Nov 06, 2008
  • Shares Outstanding
    22663531
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Brigandi

Fund Description

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.


ERX - Performance

Return Ranking - Trailing

Period ERX Return Category Return Low Category Return High Rank in Category (%)
YTD 51.6% -90.7% 90.7% 6.86%
1 Yr 75.7% -56.3% 354.5% 26.49%
3 Yr -59.2%* -83.4% 75.3% 99.43%
5 Yr -39.8%* -66.2% 75.2% 98.78%
10 Yr -26.1%* -51.5% 59.1% 97.84%

* Annualized

Return Ranking - Calendar

Period ERX Return Category Return Low Category Return High Rank in Category (%)
2020 -18.0% -77.6% 1505.0% 81.50%
2019 15.5% -58.1% 806.3% 88.02%
2018 -56.6% -78.0% 36.9% 91.72%
2017 -12.5% -70.1% 314.9% 93.25%
2016 70.3% -82.0% 1431.2% 7.50%

Total Return Ranking - Trailing

Period ERX Return Category Return Low Category Return High Rank in Category (%)
YTD 61.4% -90.0% 108.5% 5.14%
1 Yr 75.7% -56.3% 354.5% 26.49%
3 Yr -59.2%* -83.4% 75.3% 99.43%
5 Yr -39.8%* -66.2% 75.2% 98.78%
10 Yr -26.1%* -51.5% 59.1% 97.84%

* Annualized

Total Return Ranking - Calendar

Period ERX Return Category Return Low Category Return High Rank in Category (%)
2020 -91.8% -97.4% 379.3% 99.42%
2019 15.5% -58.1% 229.8% 87.43%
2018 -56.6% -74.3% 36.9% 96.45%
2017 -12.5% -40.2% 263.7% 98.16%
2016 70.3% -62.9% 167.0% 5.63%

ERX - Holdings

Concentration Analysis

ERX Category Low Category High ERX % Rank
Net Assets 508 M 445 K 14.6 B 13.43%
Number of Holdings 29 1 2060 71.75%
Net Assets in Top 10 371 M 643 35.5 B 18.08%
Weighting of Top 10 85.64% 23.2% 100.0% 13.11%

Top 10 Holdings

  1. Energy Select Sector Index Swap 22.78%
  2. Energy Select Sector Index Swap 22.78%
  3. Energy Select Sector Index Swap 22.78%
  4. Energy Select Sector Index Swap 22.78%
  5. Energy Select Sector Index Swap 22.78%
  6. Energy Select Sector Index Swap 22.78%
  7. Energy Select Sector Index Swap 22.78%
  8. Energy Select Sector Index Swap 22.78%
  9. Energy Select Sector Index Swap 22.78%
  10. Energy Select Sector Index Swap 22.78%

Asset Allocation

Weighting Return Low Return High ERX % Rank
Stocks
77.67% -1.19% 300.00% 45.20%
Cash
22.33% -200.00% 101.99% 49.15%
Preferred Stocks
0.00% 0.00% 0.02% 95.48%
Other
0.00% -5.60% 195.40% 67.80%
Convertible Bonds
0.00% 0.00% 0.07% 94.92%
Bonds
0.00% 0.00% 45.01% 94.92%

Stock Sector Breakdown

Weighting Return Low Return High ERX % Rank
Energy
100.00% 0.00% 100.00% 1.41%
Utilities
0.00% 0.00% 100.00% 96.48%
Technology
0.00% 0.00% 100.00% 98.59%
Real Estate
0.00% 0.00% 100.00% 97.89%
Industrials
0.00% 0.00% 100.00% 97.89%
Healthcare
0.00% 0.00% 100.00% 96.48%
Financial Services
0.00% 0.00% 100.00% 97.89%
Communication Services
0.00% 0.00% 100.00% 97.18%
Consumer Defense
0.00% 0.00% 64.70% 96.48%
Consumer Cyclical
0.00% 0.00% 94.10% 97.18%
Basic Materials
0.00% 0.00% 100.00% 96.48%

Stock Geographic Breakdown

Weighting Return Low Return High ERX % Rank
US
77.67% -18.14% 299.72% 37.29%
Non US
0.00% 0.00% 89.39% 98.31%

ERX - Expenses

Operational Fees

ERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.00% 0.35% 2.78% 65.00%
Management Fee 0.75% 0.00% 0.95% 70.59%
12b-1 Fee 0.00% 0.00% 1.00% 46.72%
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

ERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 4.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

ERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 72.00% 0.00% 376.00% 37.41%

ERX - Distributions

Dividend Yield Analysis

ERX Category Low Category High ERX % Rank
Dividend Yield 2.87% 0.00% 1.09% 1.96%

Dividend Distribution Analysis

ERX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

ERX Category Low Category High ERX % Rank
Net Income Ratio 2.80% -2.31% 2.92% 1.21%

Capital Gain Distribution Analysis

ERX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

ERX - Fund Manager Analysis

Managers

Paul Brigandi


Start Date

Tenure

Tenure Rank

Nov 06, 2008

12.82

12.8%

Paul Brigandi, the Fund’s Portfolio Manager, is primarily responsible for the day-to-day management of the Fund. An investment trading team of Rafferty employees assists Mr. Brigandi in the day-to-day management of the Fund subject to his primary responsibility and oversight. The Portfolio Manager works with the investment trading team to decide the target allocation of the Fund’s investments and on a day-to-day basis, an individual portfolio trader executes transactions for the Fund consistent with its target allocation. The members of the investment trading team rotate among the various series of the Trust, including the Fund periodically so that no single individual is assigned to a specific Fund for extended periods of time. Mr. Brigandi has been a Portfolio Manager at Rafferty since June 2004. Mr. Brigandi was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. Mr. Brigandi is a 2002 graduate of Fordham University.

Tony Ng


Start Date

Tenure

Tenure Rank

Sep 30, 2015

5.92

5.9%

Tony Ng is a Portfolio Manager and joined Rafferty Asset Management in April 2006. He was previously a Team Leader in the Trading Assistant Group with Goldman Sachs from 2004 to 2006. Hg was employed with Deutsche Asset Management from 1998 to 2004. Mr. Ng graduated from State University at Buffalo in 1998.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 28.16 7.12 7.92