DRIP:ARCA-Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 9.06

Change

-0.02 (-0.17)%

Market Cap

USD 0.02B

Volume

0.79M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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. The fund creates short positions by investing at least 80% of its assets in: swap agreements; futures contracts; options; reverse repurchase agreements; exchange-traded funds ("ETFs"); and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. The index is designed to measure the performance of a sub-industry or group of sub-industries determined based on the Global Industry Classification Standards ("GICS"). It is non-diversified.

Inception Date: 28/05/2015

Primary Benchmark: S&P Oil&Gas Explor&Pro Sel Indust TR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 2.13%

Management Expense Ratio: 0.99 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-15 )

Largest Industry Peers for Trading--Inverse Equity

Symbol Name Mer Price(Change) Market Cap
SH ProShares Short S&P500 0.89 %

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SOXS Direxion Daily Semiconductor B.. 0.97 %

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PSQ ProShares Short QQQ 0.95 %

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USD 0.65B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

+0.25 (+1.06%)

USD 0.55B
SDOW ProShares UltraPro Short Dow30 0.95 %

+0.08 (+0.60%)

USD 0.32B
YANG Direxion Daily FTSE China Bear.. 1.02 %

+0.12 (+3.41%)

USD 0.22B
DOG ProShares Short Dow30 0.95 %

+0.04 (+0.15%)

USD 0.17B
RWM ProShares Short Russell2000 0.95 %

+0.03 (+0.16%)

USD 0.16B
SPDN Direxion Daily S&P 500® Bear .. 0.45 %

+0.03 (+0.27%)

USD 0.14B
DUST Direxion Daily Gold Miners Ind.. 1.04 %

+0.13 (+2.73%)

USD 0.11B

ETFs Containing DRIP

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Inverse Equity) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -19.75% 34% F 7% C-
Dividend Return 1.57% 96% N/A 61% D-
Total Return -18.18% 36% F 7% C-
Trailing 12 Months  
Capital Gain -43.41% 27% F 5% F
Dividend Return 3.01% 23% F 44% F
Total Return -40.40% 25% F 5% F
Trailing 5 Years  
Capital Gain -99.83% 4% F N/A F
Dividend Return 0.70% 6% D- 2% F
Total Return -99.13% 7% C- N/A F
Average Annual (5 Year Horizon)  
Capital Gain 124.22% 84% B 98% N/A
Dividend Return 125.06% 84% B 98% N/A
Total Return 0.84% 72% C 20% F
Risk Return Profile  
Volatility (Standard Deviation) 2,993.67% 18% F 1% F
Risk Adjusted Return 4.18% 75% C 29% F
Market Capitalization 0.02B 59% D- 18% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.