(ERX) Direxion Daily Energy Bull - NYSE
ETF Category: Trading--Leveraged Equity | Exchange: NYSE (USA) | Market Cap: 256m USD | Total Return: 68.9% in 12m
Avg Turnover: 38.1M
Warnings
No concerns identified
Tailwinds
Idiosyncratic Leader
The Direxion Daily Energy Bull 2X Shares (ERX) seeks to provide 200% of the daily performance of the S&P Energy Select Sector Index. The fund allocates at least 80% of its assets to financial derivatives, such as swap agreements, and securities that track domestic companies involved in oil, gas, consumable fuels, and energy equipment.
The energy sector is characterized by high capital intensity and significant sensitivity to global crude oil price fluctuations. Unlike traditional equity funds, this ETF utilizes leverage to amplify short-term price movements, making it a tool for active trading rather than long-term investment. Investors can analyze specific valuation metrics for these holdings on ValueRay to better understand the underlying assets.
As a non-diversified fund, ERX has concentrated exposure to a specific segment of the U.S. economy. This structure increases vulnerability to regulatory changes and shifts in global energy demand that impact the domestic oil and gas industry.
- WTI and Brent crude oil price fluctuations drive underlying index valuation
- Global energy demand outlook shifts based on macroeconomic growth projections
- OPEC+ production quotas and geopolitical tensions impact supply-side margins
- Capital expenditure cycles in oilfield services influence sector-wide revenue growth
As of June 12, 2026, the stock is trading at USD 87.35 with a total of 597,986 shares traded.
Over the past week, the price has changed by -5.76%,
over one month by -1.43%,
over three months by -1.33% and
over the past year by +68.87%.
Direxion Daily Energy Bull has no consensus analysts rating.