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ERY vs ERX

Direxion Daily Energy Bear 2X Shares vs Direxion Daily Energy Bull 2X Shares

ERY

Direxion Daily Energy Bear 2X Shares

Direxion Funds

Annual cost

0.99%

Fund size

$40M

ERX

Direxion Daily Energy Bull 2X Shares

Direxion Funds

Annual cost

0.91%

Fund size

$282M

Key differences

  • ERX costs 0.08% less per year.
  • ERX is significantly larger than ERY — larger funds tend to be more liquid and less likely to close.
  • ERY follows a inverse strategy; ERX uses leveraged.
  • Over the last 3 years, ERX has delivered higher annualized returns.

Side-by-side comparison

ERYERX
Annual cost (TER)0.99%0.91%
Fund size (AUM)$40M$282M
Since20082008
Dividend yield3.84%1.54%
Asset classequityequity
Regionnorth americanorth america
Strategyinverseleveraged
CAGR 1Y-55.7%+103.0%
CAGR 3Y-29.2%+26.2%
CAGR 5Y-38.9%+30.3%
Sharpe 3Y-0.680.68
Volatility 1Y40.28%40.54%
Max drawdown-99.66%-98.59%

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

Similar to ERY and ERX