(ERX) Direxion Daily Energy Bull - Overview

ETF Category: Trading--Leveraged Equity | Exchange: NYSE ARCA (USA) | Market Cap: 268m USD | Total Return: 87.8% in 12m

Leveraged ETFs, Swap Agreements, Energy Stocks
Total Rating 80
Safety 21
Buy Signal 0.23
Trading--Leveraged Equity
Category Rotation: -5.2
TER: 0.93%
AUM: 268M
Avg Turnover: 29.8M
Risk 3d forecast
Volatility45.5%
VaR 5th Pctl8.58%
VaR vs Median4.76%
Reward TTM
Sharpe Ratio1.65
Rel. Str. IBD83.3
Rel. Str. Peer Group52.2
Character TTM
Beta0.927
Beta Downside1.507
Hurst Exponent0.457
Drawdowns 3y
Max DD42.34%
CAGR/Max DD0.56
CAGR/Mean DD1.44

Warnings

No concerns identified

Tailwinds

Idiosyncratic Leader

Description: ERX Direxion Daily Energy Bull

The Direxion Daily Energy Bull 2X Shares (ERX) is a leveraged exchange-traded fund designed to track 200% of the daily performance of the Energy Select Sector Index. The underlying index comprises domestic U.S. companies operating within the oil, gas, consumable fuels, and energy equipment industries. To achieve its objective, the fund invests at least 80% of its assets in financial derivatives, such as swap agreements, and index-tracking securities.

The energy sector is characterized by high capital intensity and significant sensitivity to global crude oil price fluctuations and geopolitical events. Companies in this space often operate through integrated models, spanning upstream exploration and production to downstream refining and marketing. For a deeper look into individual constituent valuations, consider exploring the data available on ValueRay.

As a non-diversified, leveraged instrument, ERX is intended for short-term trading rather than long-term investment. Due to the effects of daily rebalancing and compounding, the funds returns over periods longer than a single day can deviate significantly from the two-times performance of the benchmark index.

Headlines to Watch Out For
  • Global crude oil price volatility dictates underlying index performance and fund returns
  • Daily rebalancing costs erode long-term value through compounding and volatility decay
  • Capital expenditure cycles in oil services firms influence index constituent valuations
  • Federal energy policy shifts and drilling regulations impact domestic production profitability
  • Interest rate fluctuations alter borrowing costs for high-leverage energy sector constituents
What is the price of ERX shares?

As of May 29, 2026, the stock is trading at USD 87.36 with a total of 324,917 shares traded.
Over the past week, the price has changed by -9.50%, over one month by -3.69%, over three months by +2.26% and over the past year by +87.80%.

Is ERX a buy, sell or hold?

Direxion Daily Energy Bull has no consensus analysts rating.