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

ETF | Trading--Inverse Equity | NYSE Arca

Last Closing

USD 11.16

Change

+0.75 (+7.20)%

Market Cap

USD 0.02B

Volume

1.60M

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

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-03 )

Largest Industry Peers for Trading--Inverse Equity

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

N/A

USD 1.03B
SOXS Direxion Daily Semiconductor B.. 0.97 %

N/A

USD 0.94B
PSQ ProShares Short QQQ 0.95 %

N/A

USD 0.74B
SPXU ProShares UltraPro Short S&P50.. 0.91 %

N/A

USD 0.52B
SDOW ProShares UltraPro Short Dow30 0.95 %

N/A

USD 0.32B
SPDN Direxion Daily S&P 500® Bear .. 0.45 %

N/A

USD 0.18B
DOG ProShares Short Dow30 0.95 %

N/A

USD 0.17B
RWM ProShares Short Russell2000 0.95 %

N/A

USD 0.16B
FNGD MicroSectors FANG+ Index -3X I.. 0.00 %

N/A

USD 0.14B
YANG Direxion Daily FTSE China Bear.. 1.02 %

N/A

USD 0.13B

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 -1.15% 98% N/A 25% F
Dividend Return 2.83% 94% A 58% F
Total Return 1.68% 98% N/A 27% F
Trailing 12 Months  
Capital Gain 14.34% 100% F 64% D
Dividend Return 5.14% 91% A- 69% C-
Total Return 19.48% 100% F 68% D+
Trailing 5 Years  
Capital Gain -99.88% 4% F N/A F
Dividend Return 0.40% 2% F 1% F
Total Return -99.48% 2% F N/A F
Average Annual (5 Year Horizon)  
Capital Gain 303.04% N/A N/A 99% N/A
Dividend Return 304.12% N/A N/A 99% N/A
Total Return 1.08% N/A N/A 24% F
Risk Return Profile  
Volatility (Standard Deviation) 4,457.20% N/A N/A 1% F
Risk Adjusted Return 6.82% N/A N/A 31% F
Market Capitalization 0.02B 44% F 17% 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:
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.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.