(ERY) Direxion Daily Energy Bear - Overview
ETF Category: Trading--Inverse Equity | Exchange: NYSE ARCA (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 non-diversified exchange-traded fund designed to provide inverse investment results. The fund seeks daily investment results, before fees and expenses, of 200% of the opposite performance of the S&P Energy Select Sector Index. To achieve this objective, the fund invests a minimum of 80% of its net assets in financial instruments, including swap agreements and futures contracts, that provide short exposure to domestic companies within the oil, gas, and energy equipment industries.
The energy sector is characterized by high capital intensity and significant sensitivity to fluctuations in global crude oil and natural gas commodity prices. Because this ETF utilizes leverage to reset its exposure on a daily basis, its long-term performance can deviate significantly from the inverse of the underlying index due to the effects of compounding and market volatility. Investors may find ValueRay useful for evaluating how specific energy holdings impact broader portfolio risk.
- Crude oil price appreciation reduces demand for inverse energy leverage
- Expansion in domestic oil production capacity pressures underlying sector valuations
- Federal environmental regulations increase operational costs for constituent energy companies
- Geopolitical stability in energy-producing regions lowers volatility in sector pricing
- High interest rates increase borrowing costs for capital-intensive energy infrastructure projects
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.