(DRIP) Direxion Daily S&P Oil - Ratings and Ratios
Inverse, Oil, Gas, Derivatives, Swaps
Description: DRIP Direxion Daily S&P Oil
The Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP) is an exchange-traded fund (ETF) designed to provide investors with a 2 times inverse daily exposure to the performance of the S&P Oil & Gas Exploration & Production Index. This index tracks the domestic oil and gas exploration and production sub-industry as classified by the Global Industry Classification Standard (GICS).
The fund achieves its investment objective by investing at least 80% of its net assets in financial instruments that, in combination, offer inverse or short exposure to the index or to ETFs that track the index. As a non-diversified fund, DRIP is not required to meet the same diversification standards as other funds, which can result in a higher concentration of assets in a particular industry or sector.
From a technical analysis perspective, the current price of DRIP is $10.39, indicating a potential buying or selling opportunity based on its relation to its moving averages. The 20-day Simple Moving Average (SMA20) is $11.58, and the 50-day Simple Moving Average (SMA50) is $11.98, both of which are above the current price, suggesting a downtrend. However, the 200-day Simple Moving Average (SMA200) is $10.86, which is slightly above the current price, indicating a potential support level. The Average True Range (ATR) is $1.02, representing a volatility of 9.85%. Given these technical indicators, a potential trading strategy could involve closely monitoring the price movement around the SMA200 and adjusting positions accordingly.
Fundamentally, DRIP has $39.68 million in assets under management (AUM), which is a relatively small size that could impact liquidity. Considering the current energy market landscape and the impact of global events on oil prices, investors may be using DRIP as a hedging tool against potential downturns in the oil and gas exploration and production sector.
Forecasting the performance of DRIP involves analyzing both technical and fundamental data. Technically, if DRIP continues to trade below its SMA20 and SMA50 but holds above its SMA200, it may indicate a short-term downtrend with a support level around $10.86. Fundamentally, the outlook for the oil and gas exploration and production sector will significantly influence DRIPs performance. If the sector is expected to decline due to various factors such as regulatory changes, global economic shifts, or energy transition trends, DRIP could potentially benefit from its inverse exposure. However, if the sector experiences a rally, DRIPs inverse nature means it will likely decline. Therefore, investors should closely monitor both the technical trends and fundamental outlook for the oil and gas sector to make informed decisions about DRIP.
Additional Sources for DRIP ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
DRIP ETF Overview
Market Cap in USD | 46m |
Category | Trading--Inverse Equity |
TER | 1.09% |
IPO / Inception | 2015-05-28 |
DRIP ETF Ratings
Growth Rating | -69.5 |
Fundamental | - |
Dividend Rating | 36.5 |
Rel. Strength | -17.2 |
Analysts | - |
Fair Price Momentum | 5.75 USD |
Fair Price DCF | - |
DRIP Dividends
Dividend Yield 12m | 3.31% |
Yield on Cost 5y | 0.07% |
Annual Growth 5y | 76.38% |
Payout Consistency | 48.1% |
Payout Ratio | % |
DRIP Growth Ratios
Growth Correlation 3m | -91.2% |
Growth Correlation 12m | 13% |
Growth Correlation 5y | -89.4% |
CAGR 5y | -55.90% |
CAGR/Max DD 5y | -0.57 |
Sharpe Ratio 12m | -0.70 |
Alpha | 12.08 |
Beta | -2.539 |
Volatility | 68.54% |
Current Volume | 2040.2k |
Average Volume 20d | 1883.6k |
Stop Loss | 8.4 (-5.6%) |
As of July 09, 2025, the stock is trading at USD 8.90 with a total of 2,040,238 shares traded.
Over the past week, the price has changed by -7.39%, over one month by -12.48%, over three months by -45.64% and over the past year by -6.34%.
No, based on ValueRay´s Analyses, Direxion Daily S&P Oil (NYSE ARCA:DRIP) is currently (July 2025) a stock to sell. It has a ValueRay Growth Rating of -69.48 and therefor a clear technical negative rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DRIP is around 5.75 USD . This means that DRIP is currently overvalued and has a potential downside of -35.39%.
Direxion Daily S&P Oil has no consensus analysts rating.
According to our own proprietary Forecast Model, DRIP Direxion Daily S&P Oil will be worth about 6.2 in July 2026. The stock is currently trading at 8.90. This means that the stock has a potential downside of -30.22%.
Issuer | Target | Up/Down from current |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 6.2 | -30.2% |