Energy Bull 3x Etf

Direxion launched the bull and bear lines of the daily energy shares 2x etf in november 2008.

Energy bull 3x etf.

The direxion daily energy bull erx and bear ery 2x shares seeks daily investment results before fees and expenses of 200 or 200 of the inverse or opposite of the performance of the energy select sector index there is no guarantee the funds will meet their stated investment objectives. Etfs which are available to individual investors only through brokers and advisers trade like stocks on an exchange. The level of magnification is included in each fund s description and is generally 2x or 3x or 2x or 3x. Direxion shares etf trust direxion daily energy bull 2x shares is an exchange traded fund launched by direxion investments.

Leveraged 3x long bull etfs are funds that track a wide variety of asset classes such as stocks bonds and commodity futures and apply leverage in order to gain three times the daily or monthly return of the underlying index. The bull direxion daily energy bull 2x erx aims to reproduce 200 of the daily returns of the s p. 3x etfs exchange traded funds an exchange traded fund or etf is an investment product representing a basket of securities that track an index such as the standard poor s 500 index. Etfs which are available to individual investors only through brokers and advisers trade like stocks on an exchange.

Click on the tabs below to see more information on leveraged energy etfs including historical performance dividends holdings expense ratios technical indicators analysts reports and more. As long only funds they do not provide short or inverse exposure. Find the latest direxion energy bull 2x shares erx stock quote history news and other vital information to help you with your stock trading and investing. The fund is managed by rafferty asset management llc.

The direxion daily energy bull erx bear ery 2x shares seeks daily investment results before fees and expenses of 200 or 200 of the inverse or opposite of the performance of the energy select sector index which invests in areas like oil pipelines and coal. Morningstar s analysis the morningstar analysis section contains a thorough evaluation.