(DRIP) Direxion Daily S&P Oil - Overview
Etf: Inverse, Leveraged, Oil, Gas, Daily
Dividends
| Dividend Yield | 2.71% |
| Yield on Cost 5y | 0.19% |
| Yield CAGR 5y | -32.96% |
| Payout Consistency | 47.9% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 50.1% |
| Relative Tail Risk | -7.30% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.41 |
| Alpha | -11.94 |
| Character TTM | |
|---|---|
| Beta | -2.198 |
| Beta Downside | -3.252 |
| Drawdowns 3y | |
|---|---|
| Max DD | 59.15% |
| CAGR/Max DD | -0.29 |
Description: DRIP Direxion Daily S&P Oil December 22, 2025
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP) seeks to deliver twice the inverse daily return of the S&P Oil & Gas Exploration & Production Index, which tracks U.S. integrated oil & gas, exploration & production, and refining & marketing firms as defined by GICS.
Key characteristics: the fund must hold at least 80 % of its net assets in derivative instruments (e.g., swaps, futures) that together generate the 2× short exposure; it is classified as a non-diversified, leveraged inverse ETF, meaning concentration risk and daily compounding can cause performance drift over longer horizons.
From a market-driven perspective, DRIP’s performance is highly sensitive to crude-oil price swings, U.S. rig count trends, and inventory levels reported by the EIA-metrics that have historically explained >60 % of variance in the underlying index’s returns. Recent data (Q3 2024) show a 12 % YoY decline in U.S. upstream capital expenditures and a 4.5 % rise in the Henry Hub natural-gas price, both of which can amplify the inverse exposure.
Investors should be aware that the fund’s 2× leverage resets daily; over multi-day periods, returns may diverge substantially from -2 × the index’s cumulative performance, especially in volatile environments (e.g., the 2022-2023 oil-price shock produced a 15 % tracking error for similar products).
For a deeper quantitative breakdown, you might explore the ValueRay platform.
What is the price of DRIP shares?
Over the past week, the price has changed by -9.07%, over one month by -27.49%, over three months by -27.56% and over the past year by -36.04%.
Is DRIP a buy, sell or hold?
What are the forecasts/targets for the DRIP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 5.6 | -15% |
DRIP Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 40.8m USD (40.8m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 40.8m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 40.8m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = -2.18% (negative - check inputs) (E(40.8m)/V(40.8m) * Re(-2.18%) + (debt-free company))
Discount Rate = 9.60% (= Risk Free + ERP)
Fair Price DCF = unknown (Cash Flow 0.0)