Direxion Daily Energy Bull 2X Shares (ERX)
ERX is a passive ETF by Direxion tracking the investment results of the Energy Select Sector Index (300%). ERX launched on Apr 1, 2020 and has a 1.09% expense ratio.
ETF Info
| ISIN | US25459W8881 |
|---|---|
| CUSIP | 25459W888 |
| Issuer | Direxion |
| Inception Date | Apr 1, 2020 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Leveraged |
| Leveraged | 3x |
| Index Tracked | Energy Select Sector Index (300%) |
| Home Page | www.direxion.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
ERX has a high expense ratio of 1.09%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: ERX vs. GUSH, ERX vs. DIG, ERX vs. UCO, ERX vs. SCO, ERX vs. XLE, ERX vs. BOIL, ERX vs. SPY, ERX vs. VOO, ERX vs. SOXL, ERX vs. NUGT
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Direxion Daily Energy Bull 2X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Direxion Daily Energy Bull 2X Shares had a return of 22.74% year-to-date (YTD) and 26.10% in the last 12 months. Over the past 10 years, Direxion Daily Energy Bull 2X Shares had an annualized return of -20.46%, while the S&P 500 had an annualized return of 11.11%, indicating that Direxion Daily Energy Bull 2X Shares did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 22.74% | 23.08% |
| 1 month | 9.27% | 0.48% |
| 6 months | -2.60% | 10.70% |
| 1 year | 26.10% | 30.22% |
| 5 years (annualized) | -13.34% | 13.50% |
| 10 years (annualized) | -20.46% | 11.11% |
Monthly Returns
The table below presents the monthly returns of ERX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.93% | 5.75% | 21.61% | -2.61% | -1.57% | -3.49% | 3.58% | -5.10% | -6.70% | 0.86% | 22.74% | ||
| 2023 | 4.46% | -14.23% | -1.37% | 4.77% | -19.97% | 13.07% | 15.30% | 2.60% | 4.09% | -12.20% | -2.33% | -0.81% | -12.26% |
| 2022 | 39.98% | 13.98% | 18.06% | -4.07% | 31.74% | -32.56% | 18.30% | 4.20% | -19.59% | 53.89% | 1.29% | -7.03% | 130.58% |
| 2021 | 6.62% | 48.23% | 4.74% | 0.34% | 11.22% | 7.75% | -16.81% | -4.64% | 17.65% | 20.76% | -10.45% | 5.49% | 111.91% |
| 2020 | -30.51% | -39.88% | -86.68% | 62.61% | 1.90% | -5.53% | -10.74% | -2.82% | -27.82% | -9.62% | 58.28% | 7.72% | -91.60% |
| 2019 | 35.12% | 6.16% | 5.04% | -0.84% | -30.88% | 28.28% | -5.91% | -24.76% | 10.71% | -7.77% | 3.55% | 18.12% | 17.13% |
| 2018 | 10.16% | -31.08% | 3.70% | 29.13% | 7.49% | 0.69% | 3.30% | -11.06% | 6.74% | -32.09% | -7.15% | -35.24% | -55.94% |
| 2017 | -10.00% | -6.68% | -5.37% | -9.46% | -10.87% | -1.83% | 7.35% | -16.03% | 32.82% | -2.83% | 4.56% | 15.43% | -11.60% |
| 2016 | -14.37% | -10.14% | 30.45% | 27.51% | -3.67% | 6.54% | -4.52% | 3.74% | 9.25% | -8.65% | 25.37% | 4.61% | 70.34% |
| 2015 | -15.33% | 13.16% | -5.37% | 21.27% | -15.36% | -10.89% | -22.23% | -15.74% | -22.12% | 34.90% | -1.80% | -30.88% | -61.25% |
| 2014 | -16.76% | 15.29% | 5.99% | 16.23% | 4.55% | 17.13% | -10.61% | 5.97% | -22.17% | -12.28% | -25.91% | -3.02% | -32.72% |
| 2013 | 26.63% | 1.12% | 6.65% | -5.13% | 8.02% | -7.94% | 16.06% | -3.61% | 6.18% | 12.47% | -0.46% | 8.21% | 85.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ERX is 17, indicating that it is in the bottom 17% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Direxion Daily Energy Bull 2X Shares (ERX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Direxion Daily Energy Bull 2X Shares provided a 2.49% dividend yield over the last twelve months, with an annual payout of $1.70 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $1.70 | $1.80 | $1.49 | $0.64 | $0.34 | $2.73 | $4.70 | $2.98 |
Dividend yield | 2.49% | 3.17% | 2.23% | 2.16% | 2.35% | 1.56% | 3.10% | 0.85% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily Energy Bull 2X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $1.32 | |
| 2023 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.37 | $1.80 |
| 2022 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.33 | $1.49 |
| 2021 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.19 | $0.64 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.07 | $0.34 |
| 2019 | $0.00 | $0.00 | $1.28 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.74 | $2.73 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.74 | $0.00 | $0.00 | $1.14 | $0.00 | $0.00 | $0.82 | $4.70 |
| 2017 | $0.20 | $0.00 | $0.00 | $0.64 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.14 | $2.98 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily Energy Bull 2X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Direxion Daily Energy Bull 2X Shares was 99.54%, occurring on Mar 23, 2020. The portfolio has not yet recovered.
The current Direxion Daily Energy Bull 2X Shares drawdown is 94.04%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -99.54% | Jun 24, 2014 | 1447 | Mar 23, 2020 | — | — | — |
| -69.51% | May 2, 2011 | 108 | Oct 3, 2011 | 626 | Apr 1, 2014 | 734 |
| -68.68% | Nov 11, 2008 | 78 | Mar 5, 2009 | 441 | Dec 2, 2010 | 519 |
| -18.56% | Mar 4, 2011 | 9 | Mar 16, 2011 | 9 | Mar 29, 2011 | 18 |
| -15.63% | Apr 6, 2011 | 5 | Apr 12, 2011 | 12 | Apr 29, 2011 | 17 |
Volatility
Volatility Chart
The current Direxion Daily Energy Bull 2X Shares volatility is 9.72%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.