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Trending ETFs

Direxion Daily Energy Bear 2X Shares

ETF
ERY
Dividend policy
Suspended
Price as of:
$11.11 -0.11 -0.98%
primary theme
Inverse Equity
ERY (ETF)

Direxion Daily Energy Bear 2X Shares

Dividend policy
Suspended
Price as of:
$11.11 -0.11 -0.98%
primary theme
Inverse Equity
ERY (ETF)

Direxion Daily Energy Bear 2X Shares

Dividend policy
Suspended
Price as of:
$11.11 -0.11 -0.98%
primary theme
Inverse Equity

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$11.11

$32 M

0.00%

$0.00

1.05%

Vitals

YTD Return

-67.9%

1 yr return

-80.6%

3 Yr Avg Return

-24.6%

5 Yr Avg Return

-25.8%

Net Assets

$32 M

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$11.2
$11.11
$79.29

Expenses

OPERATING FEES

Expense Ratio 1.05%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 0.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Trading--Inverse Equity


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$11.11

$32 M

0.00%

$0.00

1.05%

ERY - Profile

Distributions

  • YTD Total Return -67.9%
  • 3 Yr Annualized Total Return -24.6%
  • 5 Yr Annualized Total Return -25.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.32%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Direxion Daily Energy Bear 2X Shares
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Nov 06, 2008
  • Shares Outstanding
    2357061
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Brigandi

Fund Description

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.


ERY - Performance

Return Ranking - Trailing

Period ERY Return Category Return Low Category Return High Rank in Category (%)
YTD -67.9% -81.1% 728.1% 98.59%
1 Yr -80.6% -96.6% 27.2% 95.07%
3 Yr -24.6%* -81.7% 0.8% 37.68%
5 Yr -25.8%* -75.9% 0.2% 48.09%
10 Yr -32.3%* -68.9% -9.0% 66.67%

* Annualized

Return Ranking - Calendar

Period ERY Return Category Return Low Category Return High Rank in Category (%)
2020 -12.0% -91.6% 724.7% 31.69%
2019 -39.5% -80.5% 216.6% 70.29%
2018 622.1% -22.1% 1024.3% 2.27%
2017 -5.6% -75.7% 177.4% 10.08%
2016 -67.5% -84.5% 192.8% 95.93%

Total Return Ranking - Trailing

Period ERY Return Category Return Low Category Return High Rank in Category (%)
YTD -67.9% -81.1% 728.1% 98.59%
1 Yr -80.6% -96.6% 27.2% 95.07%
3 Yr -24.6%* -81.7% 0.8% 37.68%
5 Yr -25.8%* -75.9% 0.2% 48.09%
10 Yr -32.3%* -68.9% -9.0% 65.85%

* Annualized

Total Return Ranking - Calendar

Period ERY Return Category Return Low Category Return High Rank in Category (%)
2020 -12.0% -96.0% 724.7% 24.65%
2019 -39.5% -84.0% 186.0% 64.49%
2018 44.4% -22.1% 48.3% 1.52%
2017 -5.6% -75.7% 5.7% 3.88%
2016 -67.5% -97.6% 146.1% 95.12%

ERY - Holdings

Concentration Analysis

ERY Category Low Category High ERY % Rank
Net Assets 32 M 178 K 1.78 B 28.57%
Number of Holdings 5 4 743 93.10%
Net Assets in Top 10 27.4 M -4.72 B 522 M 17.24%
Weighting of Top 10 N/A 1.0% 100.0% 72.15%

Top 10 Holdings

  1. Energy Select Sector Index Swap 47.04%
  2. Energy Select Sector Index Swap 47.04%
  3. Energy Select Sector Index Swap 47.04%
  4. Energy Select Sector Index Swap 47.04%
  5. Energy Select Sector Index Swap 47.04%
  6. Energy Select Sector Index Swap 47.04%
  7. Energy Select Sector Index Swap 47.04%
  8. Energy Select Sector Index Swap 47.04%
  9. Energy Select Sector Index Swap 47.04%
  10. Energy Select Sector Index Swap 47.04%

Asset Allocation

Weighting Return Low Return High ERY % Rank
Cash
116.87% -100.28% 400.06% 48.28%
Preferred Stocks
0.00% 0.00% 0.00% 51.03%
Other
0.00% -203.68% 51.21% 53.79%
Convertible Bonds
0.00% 0.00% 2.87% 56.55%
Bonds
0.00% 0.00% 91.66% 66.21%
Stocks
-16.87% -300.06% 200.28% 55.86%

ERY - Expenses

Operational Fees

ERY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.05% 0.50% 6.16% 56.76%
Management Fee 0.75% 0.35% 1.50% 31.76%
12b-1 Fee 0.00% 0.00% 1.00% 23.26%
Administrative Fee N/A 0.03% 0.45% N/A

Sales Fees

ERY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.75% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

ERY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

ERY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 247.00% 30.23%

ERY - Distributions

Dividend Yield Analysis

ERY Category Low Category High ERY % Rank
Dividend Yield 0.00% 0.00% 0.00% 50.68%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

ERY Category Low Category High ERY % Rank
Net Income Ratio -0.32% -7.24% 3.71% 26.09%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

ERY - Fund Manager Analysis

Managers

Paul Brigandi


Start Date

Tenure

Tenure Rank

Nov 06, 2008

12.91

12.9%

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

6.01

6.0%

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
0.12 34.44 7.77 8.0