Direxion Energy Bull 2X SharesDirexion Energy Bull 2X SharesDirexion Energy Bull 2X Shares

Direxion Energy Bull 2X Shares

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Key stats


Assets under management (AUM)
‪191.40 M‬USD
Fund flows (1Y)
‪−78.80 M‬USD
Dividend yield (indicated)
3.38%
Discount/Premium to NAV
−0.06%
Shares outstanding
‪4.11 M‬
Expense ratio
0.90%

About Direxion Energy Bull 2X Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Inception date
Nov 6, 2008
Structure
Open-Ended Fund
Index tracked
S&P Energy Select Sector
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
ERX provides 2x leveraged exposure to the S&P Energy Select Sector Indexa market-cap-weighted index of US energy companies from the S&P 500, heavily-weighted towards the handful of firms that dominate the energy sector. Providing hyper-concentrated exposure to a concentrated sector, ERX isnt designed to be a long-term investmentinstead, it should be used as a short-term trading vehicle. The fund rebalances daily. As a result, compounding and path dependency make its long-term returns difficult to predict when compared with its underlying index and beta-1 funds, such as XLE, that track that index. Note: Prior to March 31, 2020, the fund provided 3x daily exposure to the same index.

Classification


Asset Class
Equity
Category
Sector
Focus
Energy
Niche
Broad-based
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Committee

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of May 6, 2025
Exposure type
StocksBonds, Cash & Other
Energy Minerals
Industrial Services
Cash
Stocks64.40%
Energy Minerals48.17%
Industrial Services13.29%
Utilities1.70%
Miscellaneous1.25%
Bonds, Cash & Other35.60%
Cash35.60%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows