(ERX) Direxion Daily Energy Bull - Ratings and Ratios
Oil, Gas, Energy Equipment, Consumable Fuels, Services
Description: ERX Direxion Daily Energy Bull
The Direxion Daily Energy Bull 2X Shares (ERX) is an ETF that provides 2X daily leveraged exposure to the energy sector, focusing on domestic US companies involved in oil, gas, and consumable fuels, as well as energy equipment and services. The fund achieves this exposure through a combination of financial instruments, including swap agreements and securities that track the underlying index provided by S&P Dow Jones Indices.
As a non-diversified, leveraged ETF, ERX is designed for short-term trading rather than long-term investment. Its performance is highly sensitive to daily movements in the energy sector, making it a potentially high-risk, high-reward instrument. Key performance indicators to monitor for ERX include its ability to maintain its leveraged exposure, the liquidity of its underlying assets, and the overall trend in energy prices.
To evaluate ERXs potential, one should consider metrics such as its trading volume, bid-ask spread, and the volatility of the energy sector. Additionally, monitoring the funds AUM ($238.11M USD) and its tracking error relative to the underlying index can provide insights into its operational efficiency and effectiveness in achieving its investment objective.
Investors in ERX should be aware of the compounding effect of daily returns, which can lead to deviations from the expected 2X performance over longer periods. Moreover, the funds leveraged nature means that losses can be amplified as well as gains. As such, a thorough risk assessment and a clear understanding of the energy sectors dynamics are crucial for making informed investment decisions regarding ERX.
ERX ETF Overview
| Market Cap in USD | 224m |
| Category | Trading--Leveraged Equity |
| TER | 0.93% |
| IPO / Inception | 2008-11-06 |
ERX ETF Ratings
| Growth Rating | -2.54% |
| Fundamental | - |
| Dividend Rating | 65.8% |
| Return 12m vs S&P 500 | -14.3% |
| Analyst Rating | - |
ERX Dividends
| Dividend Yield 12m | 2.64% |
| Yield on Cost 5y | 15.34% |
| Annual Growth 5y | 37.16% |
| Payout Consistency | 47.7% |
| Payout Ratio | % |
ERX Growth Ratios
| Growth Correlation 3m | 7.4% |
| Growth Correlation 12m | -60.6% |
| Growth Correlation 5y | 69.7% |
| CAGR 5y | 0.37% |
| CAGR/Max DD 3y | 0.01 |
| CAGR/Mean DD 3y | 0.02 |
| Sharpe Ratio 12m | 1.83 |
| Alpha | 0.00 |
| Beta | 0.938 |
| Volatility | 38.57% |
| Current Volume | 441.7k |
| Average Volume 20d | 358.2k |
| Stop Loss | 53.7 (-3.8%) |
| Signal | 1.91 |
What is the price of ERX shares?
Over the past week, the price has changed by +1.25%, over one month by +11.06%, over three months by +9.13% and over the past year by +3.10%.
Is Direxion Daily Energy Bull a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ERX is around 51.35 USD . This means that ERX is currently overvalued and has a potential downside of -8.01%.
Is ERX a buy, sell or hold?
What are the forecasts/targets for the ERX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 57.8 | 3.5% |
Last update: 2025-09-05 04:41
ERX Fundamental Data Overview
CCE Cash And Equivalents = unknown
Revenue TTM is 0, using Net Income TTM 0.0 + Cost of Revenue 0.0 = 0.0 USD
Beta = 1.53
Revenue TTM = 0.0 USD
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 = 224.0m USD (224.0m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = none (FCF TTM 0.0 / Enterprise Value 224.0m)
FCF Margin = unknown (Revenue TTM is 0)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 224.0m / Book Value Of Equity 0.0)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default)
NOPAT = 0.0 (EBIT 0.0, no tax applied on loss)
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 = none (Debt none / FCF TTM 0.0)
Total Stockholder Equity = unknown
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity none)
RoCE = unknown (Ebit 0.0 / (Equity none + L.T.Debt none))
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, Ebit 0.0)
WACC = unknown (E(224.0m)/V(0.0) * Re(9.47%)) + (D(none)/V(0.0) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 9.47% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for ERX ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle