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

Take a bet11y track recordRanked #130 of 995 in this goal

Seeks daily investment results of 200% of the inverse of the daily performance of the Index.

By Direxion Funds · Launched 2015

Annual Cost

1.01%

#5,411 of 6,040 · expensive

Fund Size

$103M

#3,067 of 6,040 · mid-size

Return (1Y)

-60.6%

Track Record

11 years

#1,290 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$3,803-62.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Inverse

Sector

Energy

Index tracked

S&P Oil & Gas Exploration & Production Select Industry Index

Holdings

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

DREYFUS GOVERNMENT CASH MANAGE

52.3%

GOLDMAN FINANCIAL

42.6%

DREYFUS

12.4%

N/A

-0.0%

N/A

-2.0%

N/A

-2.6%

N/A

-2.8%

N/A

-6.1%

Asset allocation

Cash

105.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

58.5%High

Year-on-year price swings

Max drawdown

-99.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-0.34Below average

Sortino (3Y)

-0.50Moderate downside risk

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks daily investment results of 200% of the inverse of the daily performance of the Index.
Strategy: Invests primarily in financial instruments, including swap agreements and futures contracts, to provide 2X daily inverse exposure to the Index, which measures U.S. companies in the oil and gas sector. Concentrates investments in industries such as oil and gas exploration and production, aiming for daily rebalancing to achieve its investment objective.
Inception date: May 28, 2015
Fund family: Direxion Funds