ERY:ARCA-Direxion Daily Energy Bear 3X Shares (USD)

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 22.16

Change

-0.08 (-0.36)%

Market Cap

USD 0.03B

Volume

0.31M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the Energy Select Sector Index. The fund creates short positions by investing at least 80% of its assets in: swap agreements; futures contracts; options; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. The index is provided by S&P Dow Jones Indices and includes domestic companies from the energy sector which includes the following industries: oil, gas and consumable fuels; and energy equipment and services. It is non-diversified.

Inception Date: 06/11/2008

Primary Benchmark: S&P Energy Select Sector TR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 1.0%

Management Expense Ratio: 1.00 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

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

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ETFs Containing ERY

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 -20.66% 30% F 6% D-
Dividend Return 1.33% 87% B+ 53% F
Total Return -19.33% 32% F 7% C-
Trailing 12 Months  
Capital Gain -34.50% 43% F 6% D-
Dividend Return 3.45% 47% F 51% F
Total Return -31.05% 43% F 7% C-
Trailing 5 Years  
Capital Gain -94.95% 27% F 1% F
Dividend Return 1.31% 28% F 4% F
Total Return -93.65% 25% F 1% F
Average Annual (5 Year Horizon)  
Capital Gain 461.92% 89% A- 99% N/A
Dividend Return 462.73% 89% A- 99% N/A
Total Return 0.81% 66% D+ 19% F
Risk Return Profile  
Volatility (Standard Deviation) 7,908.70% 13% F 1% F
Risk Adjusted Return 5.85% 86% B+ 30% F
Market Capitalization 0.03B 55% F 12% 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.

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.