ERX vs. DRIP ETF Comparison
Comparison of Direxion Energy Bull 3X Shares (ERX) to Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP)
ERX
Direxion Energy Bull 3X Shares
ERX Description
The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Energy Select Sector Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Energy Select Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is provided by Standard & Poor's and includes domestic companies from the following industries: oil, gas & consumable fuels; and energy equipment & services. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$65.09
Average Daily Volume
449,332
22
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
$9.57
Average Daily Volume
969,118
35
Performance
| Period | ERX | DRIP |
|---|---|---|
| 30 Days | 1.87% | 2.70% |
| 60 Days | -10.63% | 16.49% |
| 90 Days | -7.48% | 12.70% |
| 12 Months | 23.56% | -26.40% |
14 Overlapping Holdings
| Symbol | Grade | Weight in ERX | Weight in DRIP | Overlap | |
|---|---|---|---|---|---|
| APA | D | 0.5% | 3.67% | 0.5% | |
| COP | D | 2.93% | 2.49% | 2.49% | |
| CVX | C | 11.72% | 2.35% | 2.35% | |
| DVN | C | 1.43% | 2.64% | 1.43% | |
| EOG | C | 3.09% | 2.71% | 2.71% | |
| EQT | D | 0.81% | 2.13% | 0.81% | |
| FANG | C | 1.67% | 2.52% | 1.67% | |
| HES | D | 1.97% | 2.69% | 1.97% | |
| MPC | D | 2.85% | 2.33% | 2.33% | |
| MRO | B | 0.77% | 2.49% | 0.77% | |
| OXY | C | 1.99% | 2.91% | 1.99% | |
| PSX | D | 2.78% | 2.19% | 2.19% | |
| VLO | C | 2.33% | 2.33% | 2.33% | |
| XOM | C | 14.88% | 2.37% | 2.37% |
ERX Underweight 21 Positions Relative to DRIP
ERX: Top Represented Industries & Keywords
DRIP: Top Represented Industries & Keywords
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