Direxion Daily S&P Oil & Gas Exp. & Prod. Bull and Bear 2X Shares
The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull and Bear 2X Shares seek daily investment results, before fees and expenses, of 200%, or 200% of the inverse (or opposite), of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. There is no guarantee the funds will achieve their stated investment objectives.
These funds track a commodity related equity index, consisting of a basket of oil and gas related stocks. They do not invest in physical commodities and should not be expected to directly track the price performance of oil and gas commodities.
Investing in a Direxion Shares ETF may be more volatile than investing in broadly diversified funds. The use of leverage by the Fund increases the risk to the Fund. The Direxion Shares ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk and the consequences of seeking daily leveraged investment results and intend to actively monitor and manage their investment.
GUSH
DRIP
Operational Updates
- 01/23/2024
Direxion's New ETF Alert Service. Get Price and Volume Alerts automatically via text message!
Set Up Your ETF Alerts Today - 08/04/2023
Direxion Announces Forward Split of GUSH
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Documents & Downloads
These leveraged ETFs seek a return that is 200% or -200% of the return of their benchmark index for a single day. The funds should not be expected to provide two times or negative two times the return of the benchmark’s cumulative return for periods greater than a day.
Pricing & Performance
NAV and Market Price information as of 10/14/2024.
Net Asset Value (NAV)
Market Price Closing
Net Asset Value (NAV)
Market Price Closing
1M | 3M | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Expense Ratio* (Gross / Net%) | Inception Date | |
---|---|---|---|---|---|---|---|---|---|---|
GUSH NAV | -10.88 | -20.09 | -12.26 | -26.19 | 8.88 | -38.16 | — | -49.97 | 0.97 / 0.97* | 05/28/2015 |
GUSH Market Close | -10.72 | -19.94 | -12.17 | -26.12 | 8.93 | -38.22 | — | -49.96 | 0.97 / 0.97* | 05/28/2015 |
DRIP NAV | 10.76 | 20.24 | 5.47 | 19.55 | -40.88 | -54.73 | — | -42.08 | 1.12 / 1.09* | 05/28/2015 |
DRIP Market Close | 10.65 | 20.36 | 5.57 | 19.53 | -40.88 | -54.72 | — | -42.07 | 1.12 / 1.09* | 05/28/2015 |
As of September 30, 2024
The Primary Listing Exchange is the NYSE Arca, Inc.
*The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.92% for GUSH and 0.95% for DRIP. The Funds’ adviser, Rafferty Asset Management, LLC (“Rafferty”), has entered into an Operating Expense Limitation Agreement with each Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse a Fund for Other Expenses through September 1, 2025, to the extent that a Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.
The performance shown prior to April 1, 2020, reflects the Funds’ previous daily leveraged investment objectives, before fees and expenses, of 300% or -300%, of the performance of the Index.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the funds’ website at direxion.com.
Short-term performance, in particular, is not a good indication of a fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.
Index Information
The S&P Oil & Gas Exploration & Production Select Industry Index (SPSIOPTR) is provided by Standard & Poor’s Index Provider and includes domestic companies from the oil and gas exploration and production sub-industry. The Index is a modified equal-weighted index that is designed to measure the performance of a sub-industry or group of sub-industries determined based on the Global Industry Classification Standards (GICS). One cannot invest directly in an index.
Index Top Ten Holdings
% of Total | |
---|---|
Diamondback Energy Shares | 3.00% |
Permian Res Corporation | 2.99% |
Matador Resources | 2.97% |
Civitas Resources | 2.97% |
Eog Resources | 2.97% |
Apa Corporation | 2.95% |
Exxon | 2.94% |
Occidental Petroleum Corporation | 2.94% |
Marathon Oil | 2.93% |
Conocophillips | 2.92% |
Index Sector Weightings
% of Total | |
---|---|
Oil & Gas Exploration & Production | 73.34% |
Oil & Gas Refining & Marketing | 17.92% |
Integrated Oil & Gas | 8.74% |
Distributions
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain | Expand |
---|---|---|---|---|---|---|
09/24/2024 | 09/24/2024 | 10/01/2024 | 0.19921 | — | — | |
06/25/2024 | 06/25/2024 | 07/02/2024 | 0.21950 | — | — | |
03/20/2024 | 03/19/2024 | 03/26/2024 | 0.22344 | — | — | |
12/22/2023 | 12/21/2023 | 12/29/2023 | 0.20696 | — | — | |
Record Date09/24/2024 Ex Date09/24/2024 Pay Date10/01/2024 Income Dividend0.19921 Short-Term Capital Gain— Long-Term Capital Gain— Record Date06/25/2024 Ex Date06/25/2024 Pay Date07/02/2024 Income Dividend0.21950 Short-Term Capital Gain— Long-Term Capital Gain— Record Date03/20/2024 Ex Date03/19/2024 Pay Date03/26/2024 Income Dividend0.22344 Short-Term Capital Gain— Long-Term Capital Gain— Record Date12/22/2023 Ex Date12/21/2023 Pay Date12/29/2023 Income Dividend0.20696 Short-Term Capital Gain— Long-Term Capital Gain— |
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares
Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain | Expand |
---|---|---|---|---|---|---|
09/24/2024 | 09/24/2024 | 10/01/2024 | 0.12411 | — | — | |
06/25/2024 | 06/25/2024 | 07/02/2024 | 0.14267 | — | — | |
03/20/2024 | 03/19/2024 | 03/26/2024 | 0.17698 | — | — | |
12/22/2023 | 12/21/2023 | 12/29/2023 | 0.08906 | — | — | |
Record Date09/24/2024 Ex Date09/24/2024 Pay Date10/01/2024 Income Dividend0.12411 Short-Term Capital Gain— Long-Term Capital Gain— Record Date06/25/2024 Ex Date06/25/2024 Pay Date07/02/2024 Income Dividend0.14267 Short-Term Capital Gain— Long-Term Capital Gain— Record Date03/20/2024 Ex Date03/19/2024 Pay Date03/26/2024 Income Dividend0.17698 Short-Term Capital Gain— Long-Term Capital Gain— Record Date12/22/2023 Ex Date12/21/2023 Pay Date12/29/2023 Income Dividend0.08906 Short-Term Capital Gain— Long-Term Capital Gain— |
Strategy & Benefits
You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.
Whether you’re a bull or a bear, Direxion is with you. Our leveraged ETFs are powerful tools built to help you:
- Magnify your short-term perspective with daily 2X leverage
- Go where there’s opportunity, with bull and bear funds for both sides of the trade; and
- Stay agile – with liquidity to trade through rapidly changing markets
Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.
Documents
Tax Documents
Download the following Tax Reporting Documents
How to Trade
ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.
We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.
Please note, your advisor or broker may charge commissions or other transaction fees. If you have any questions specific to Direxion products, please contact us direct at [email protected] or 866-476-7523.
Operational Updates
- 01/23/2024
Direxion's New ETF Alert Service. Get Price and Volume Alerts automatically via text message!
Set Up Your ETF Alerts Today - 08/04/2023
Direxion Announces Forward Split of GUSH
Read the Article
Documents & Downloads
How to Trade
While you can't trade our funds from our website, investors still have multiple options for buying Direxion ETFs
Learn More About Trading Direxion ETFs
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