ERY vs. AMLP ETF Comparison
Comparison of Direxion Energy Bear 3X Shares (ERY) to Alerian MLP ETF (AMLP)
ERY
Direxion Energy Bear 3X Shares
ERY Description
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Energy Select Sector Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, 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
$22.72
Average Daily Volume
325,233
22
AMLP
Alerian MLP ETF
AMLP Description
The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index. The index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership ("MLP") asset class. The fund will normally invest at least 90% of its total assets in securities that comprise the index (or depositary receipts based on such securities). It is non-diversified.Grade (RS Rating)
Last Trade
$47.30
Average Daily Volume
1,167,554
15
Performance
| Period | ERY | AMLP |
|---|---|---|
| 30 Days | 10.94% | -1.85% |
| 60 Days | -13.29% | 2.51% |
| 90 Days | -18.23% | 8.90% |
| 12 Months | -30.49% | 33.78% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ERY | Weight in AMLP | Overlap |
|---|
ERY Overweight 22 Positions Relative to AMLP
ERY: Top Represented Industries & Keywords
AMLP: Top Represented Industries & Keywords
Compare ETFs
