(GUSH) Direxion Daily S&P Oil - Overview

ETF Category: Trading--Leveraged Equity | Exchange: NYSE ARCA (USA) | Market Cap: 260m USD | Total Return: 71.7% in 12m

Leveraged ETFs, Derivatives, Energy Equities
Total Rating 72
Safety 24
Buy Signal 0.46
Trading--Leveraged Equity
Category Rotation: -5.2
TER: 0.97%
AUM: 260M
Avg Turnover: 33.6M
Risk 3d forecast
Volatility60.5%
VaR 5th Pctl11.4%
VaR vs Median4.40%
Reward TTM
Sharpe Ratio1.18
Rel. Str. IBD81.7
Rel. Str. Peer Group50
Character TTM
Beta1.394
Beta Downside2.140
Hurst Exponent0.486
Drawdowns 3y
Max DD63.59%
CAGR/Max DD0.21
CAGR/Mean DD0.49

Warnings

No concerns identified

Tailwinds

Idiosyncratic Leader

Description: GUSH Direxion Daily S&P Oil

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) seeks to provide 200% of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The fund achieves this leveraged exposure by investing at least 80% of its assets in financial derivatives, such as swap agreements, and securities that track domestic companies within the integrated oil, refining, and exploration sub-sectors.

The underlying index follows a modified equal-weighted methodology, which reduces concentration risk compared to market-cap-weighted indices by giving smaller exploration firms similar influence to industry giants. Companies in this sector are highly sensitive to crude oil and natural gas spot prices, as their profit margins depend on the spread between extraction costs and market rates. Investors can further analyze these underlying commodity sensitivities on ValueRay.

As a leveraged ETF, GUSH is designed for short-term trading rather than long-term investment. Due to the effects of daily compounding and volatility decay, the funds performance over periods longer than a single day can deviate significantly from the two-times return of its benchmark index.

Headlines to Watch Out For
  • Fluctuations in global crude oil prices dictate underlying index volatility
  • Domestic shale production levels influence exploration and production capital expenditures
  • Federal environmental regulations impact drilling permits and operational overhead costs
  • Daily compounding effects amplify tracking error during periods of high market volatility
  • Geopolitical instability in energy-producing regions drives immediate price action in underlying equities
What is the price of GUSH shares?

As of May 29, 2026, the stock is trading at USD 35.31 with a total of 891,511 shares traded.
Over the past week, the price has changed by -11.08%, over one month by -9.07%, over three months by +11.45% and over the past year by +71.67%.

Is GUSH a buy, sell or hold?

Direxion Daily S&P Oil has no consensus analysts rating.