ERX:ARCA-Direxion Energy Bull 3X Shares (USD)

ETF | Trading--Leveraged Equity | NYSE Arca

Last Closing

USD 13.23

Change

+1.64 (+14.15)%

Market Cap

USD 0.44B

Volume

7.47M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Energy Select Sector Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the Energy Select Sector Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is provided by S&P Dow Jones Indices (the "index provider") and includes domestic companies from the energy sector which includes the following industries: oil, gas and consumable fuels; and energy equipment and services. The fund 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: 0.96%

Management Expense Ratio: 1.08 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
SCPS Scopus Biopharma Inc 5.84 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-04-08 )

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ETFs Containing ERX

N/A

Market Performance

  Market Performance vs. Industry/Classification (Trading--Leveraged Equity) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -24.40% 92% A 46% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -24.40% 92% A 45% F
Trailing 12 Months  
Capital Gain -43.94% 56% F 22% F
Dividend Return 0.61% 51% F 12% F
Total Return -43.33% 56% F 20% F
Trailing 5 Years  
Capital Gain -77.96% 25% F 11% F
Dividend Return 1.73% 36% F 8% B-
Total Return -76.23% 12% F 8% B-
Average Annual (5 Year Horizon)  
Capital Gain -9.19% 5% F 11% F
Dividend Return -8.37% 5% F 9% A-
Total Return 0.82% 65% D 18% F
Risk Return Profile  
Volatility (Standard Deviation) 41.80% 41% F 10% F
Risk Adjusted Return -20.03% 3% F 15% F
Market Capitalization 0.44B 80% B- 37% 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:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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.