(ERY) Direxion Daily Energy Bear - Overview
ETF Category: Trading--Inverse Equity | Exchange: NYSE (USA) | Market Cap: 52m USD | Total Return: -53.4% in 12m
Avg Turnover: 19.1M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Direxion Daily Energy Bear 2X Shares (ERY) is a leveraged inverse ETF designed to provide 200% of the daily opposite performance of the S&P Energy Select Sector Index. The fund allocates at least 80% of its net assets to financial instruments, such as swap agreements and futures, to achieve short exposure to domestic companies involved in oil, gas, and energy equipment services.
The energy sector is characterized by high capital intensity and significant sensitivity to fluctuations in global crude oil and natural gas spot prices. Because this fund utilizes leverage to achieve its daily inverse objective, it is intended for short-term trading rather than long-term investment due to the effects of compounding and volatility decay.
Evaluating historical volatility trends on ValueRay can provide further context for managing the risks associated with leveraged inverse products.
- WTI and Brent crude price declines drive inverse fund gains
- S&P Energy Select Sector Index performance inversely correlates to returns
- Global economic slowdown reduces demand for oil and gas consumables
- Geopolitical stability in energy-producing regions lowers supply risk premiums
As of June 07, 2026, the stock is trading at USD 11.39 with a total of 2,191,810 shares traded.
Over the past week, the price has changed by -4.61%,
over one month by +5.17%,
over three months by -6.88% and
over the past year by -53.41%.
Direxion Daily Energy Bear has no consensus analysts rating.