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DRIP vs ERX

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares vs Direxion Daily Energy Bull 2X Shares

DRIP

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares

Direxion Funds

Annual cost

1.01%

Fund size

$117M

ERX

Direxion Daily Energy Bull 2X Shares

Direxion Funds

Annual cost

0.91%

Fund size

$282M

Key differences

  • ERX costs 0.10% less per year.
  • DRIP follows a inverse strategy; ERX uses leveraged.
  • Over the last 3 years, ERX has delivered higher annualized returns.
  • ERX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

DRIPERX
Annual cost (TER)1.01%0.91%
Fund size (AUM)$117M$282M
Since20152008
Dividend yield4.18%1.54%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-58.1%+103.0%
CAGR 3Y-32.4%+26.2%
CAGR 5Y-43.6%+30.3%
Sharpe 3Y-0.490.68
Volatility 1Y55.08%40.54%
Max drawdown-99.92%-98.59%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to DRIP and ERX