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ERX vs DRIP

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

ERX

Direxion Daily Energy Bull 2X Shares

Direxion Funds

Annual cost

0.91%

Fund size

$282M

DRIP

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

Direxion Funds

Annual cost

1.01%

Fund size

$117M

Key differences

  • ERX costs 0.10% less per year.
  • ERX follows a leveraged strategy; DRIP uses inverse.
  • 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

ERXDRIP
Annual cost (TER)0.91%1.01%
Fund size (AUM)$282M$117M
Since20082015
Dividend yield1.54%4.18%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedinverse
CAGR 1Y+103.0%-58.1%
CAGR 3Y+26.2%-32.4%
CAGR 5Y+30.3%-43.6%
Sharpe 3Y0.68-0.49
Volatility 1Y40.54%55.08%
Max drawdown-98.59%-99.92%

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

Similar to ERX and DRIP