DRIP vs. IGE ETF Comparison
Comparison of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP) to iShares North American Natural Resources ETF (IGE)
DRIP
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares
DRIP Description
The investment seeks daily investment results, of 300% of the inverse (or opposite) of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the oil and gas exploration and production sub-industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. It is non-diversified.
Grade (RS Rating)
Last Trade
$8.44
Average Daily Volume
1,445,497
35
IGE
iShares North American Natural Resources ETF
IGE Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Natural Resources Sector IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of natural resource-related companies in the United States and Canada. Components primarily include energy, materials, metals and mining and oil and gas companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$45.77
Average Daily Volume
154,196
121
Performance
| Period | DRIP | IGE |
|---|---|---|
| 30 Days | -4.85% | 2.88% |
| 60 Days | -20.98% | 12.89% |
| 90 Days | -27.20% | 14.18% |
| 12 Months | -42.46% | 19.83% |
28 Overlapping Holdings
| Symbol | Grade | Weight in DRIP | Weight in IGE | Overlap | |
|---|---|---|---|---|---|
| APA | B | 3.67% | 0.44% | 0.44% | |
| AR | A | 1.4% | 0.31% | 0.31% | |
| CNX | A | 1.51% | 0.14% | 0.14% | |
| COP | A | 2.49% | 4.5% | 2.49% | |
| CRC | A | 1.13% | 0.13% | 0.13% | |
| CVI | D | 0.96% | 0.04% | 0.04% | |
| CVX | A | 2.35% | 10.21% | 2.35% | |
| DVN | A | 2.64% | 1.25% | 1.25% | |
| EOG | A | 2.71% | 2.93% | 2.71% | |
| EQT | A | 2.13% | 0.57% | 0.57% | |
| FANG | A | 2.52% | 1.36% | 1.36% | |
| HES | A | 2.69% | 1.61% | 1.61% | |
| KOS | D | 1.87% | 0.1% | 0.1% | |
| MGY | A | 0.62% | 0.18% | 0.18% | |
| MPC | B | 2.33% | 2.73% | 2.33% | |
| MRO | B | 2.49% | 0.61% | 0.61% | |
| MTDR | A | 2.02% | 0.27% | 0.27% | |
| MUR | A | 2.43% | 0.25% | 0.25% | |
| NOG | A | 0.54% | 0.15% | 0.15% | |
| OXY | A | 2.91% | 1.66% | 1.66% | |
| PBF | A | 2.49% | 0.23% | 0.23% | |
| PSX | B | 2.19% | 2.51% | 2.19% | |
| PXD | B | 2.56% | 2.39% | 2.39% | |
| RRC | A | 2.2% | 0.32% | 0.32% | |
| SM | A | 1.98% | 0.21% | 0.21% | |
| SWN | A | 1.96% | 0.3% | 0.3% | |
| VLO | B | 2.33% | 2.11% | 2.11% | |
| XOM | B | 2.37% | 10.18% | 2.37% |
DRIP Underweight 93 Positions Relative to IGE
| Symbol | Grade | Weight | |
|---|---|---|---|
| CNQ | A | -3.1% | |
| ENB | B | -2.8% | |
| FCX | A | -2.69% | |
| SLB | F | -2.69% | |
| SU | A | -1.88% | |
| WMB | A | -1.77% | |
| OKE | A | -1.75% | |
| NEM | A | -1.7% | |
| LNG | B | -1.46% | |
| TRP | D | -1.4% | |
| KMI | A | -1.38% | |
| MLM | A | -1.35% | |
| HAL | B | -1.31% | |
| VMC | C | -1.27% | |
| BKR | B | -1.23% | |
| AEM | A | -1.2% | |
| GOLD | A | -1.13% | |
| CVE | A | -1.05% | |
| TRGP | A | -0.95% | |
| WPM | A | -0.9% | |
| FNV | A | -0.88% | |
| TECK | A | -0.82% | |
| CTRA | A | -0.79% | |
| CCJ | A | -0.79% | |
| BALL | A | -0.77% | |
| PBA | A | -0.72% | |
| AVY | B | -0.64% | |
| PKG | D | -0.6% | |
| OVV | A | -0.5% | |
| AMCR | D | -0.49% | |
| WRK | B | -0.47% | |
| IP | F | -0.46% | |
| FTI | A | -0.42% | |
| TPL | A | -0.41% | |
| CHK | A | -0.37% | |
| ATR | B | -0.35% | |
| CCK | B | -0.35% | |
| DINO | D | -0.34% | |
| GPK | A | -0.32% | |
| WFRD | A | -0.31% | |
| EXP | B | -0.31% | |
| KGC | A | -0.31% | |
| PR | A | -0.3% | |
| RGLD | A | -0.3% | |
| NOV | B | -0.28% | |
| CHRD | A | -0.28% | |
| CHX | B | -0.26% | |
| PAAS | A | -0.26% | |
| BERY | D | -0.25% | |
| CIVI | A | -0.24% | |
| AA | A | -0.24% | |
| AGI | A | -0.23% | |
| DTM | A | -0.23% | |
| SON | C | -0.21% | |
| ETRN | A | -0.2% | |
| CPG | A | -0.19% | |
| NE | B | -0.19% | |
| AM | A | -0.18% | |
| SEE | D | -0.17% | |
| WFG | C | -0.17% | |
| SUM | C | -0.17% | |
| LPX | C | -0.17% | |
| HP | B | -0.16% | |
| KNF | A | -0.16% | |
| VAL | D | -0.16% | |
| TDW | A | -0.16% | |
| SLGN | B | -0.15% | |
| ERF | A | -0.15% | |
| RIG | B | -0.15% | |
| PTEN | F | -0.14% | |
| WHD | A | -0.13% | |
| NXE | A | -0.13% | |
| BTG | B | -0.13% | |
| LBRT | A | -0.13% | |
| OR | A | -0.11% | |
| HL | B | -0.11% | |
| EGO | A | -0.11% | |
| BTU | D | -0.1% | |
| UEC | A | -0.1% | |
| OI | D | -0.09% | |
| MP | C | -0.09% | |
| BTE | A | -0.09% | |
| CEIX | B | -0.08% | |
| NFE | F | -0.07% | |
| VET | B | -0.07% | |
| AG | A | -0.07% | |
| WKC | D | -0.06% | |
| GPOR | A | -0.06% | |
| GEF | D | -0.06% | |
| SSRM | B | -0.04% | |
| NG | C | -0.03% | |
| CRK | A | -0.03% | |
| PTVE | A | -0.02% |
DRIP: Top Represented Industries & Keywords
IGE: Top Represented Industries & Keywords
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