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ERYDirexion Daily Energy Bear 2X Shares

Take a bet17y track recordRanked #147 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 2008

Annual Cost

0.99%

#5,284 of 6,040 · expensive

Fund Size

$41M

#3,959 of 6,040 · mid-size

Return (1Y)

-56.1%

Track Record

17 years

#625 of 6,040 · established

Performance

Total-return NAV · USD
Growth of $10,000
$4,604-54.0%

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

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Inverse

Sector

Energy

Index tracked

Energy Select Sector Index

Holdings

By weight

Concentration

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

DREYFUS GOVERNMENT CASH MANAGE
92.5%
GOLDMAN FINANCIAL
12.5%
GOLDMAN SACHS LIQ ES FD A
9.8%
N/A
1.3%
N/A
-2.2%
N/A
-5.7%
N/A
-12.8%

Asset allocation

Cash
114.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
43.7%High

Year-on-year price swings

Max drawdown
-99.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-0.55Below average
Sortino (3Y)
-0.81Moderate 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 at least 80% of net assets in financial instruments, including swap agreements and futures contracts, to provide 2X daily inverse exposure to the energy sector Index. The Fund is non-diversified and may concentrate investments in a limited number of issuers.
Inception date
November 6, 2008
Fund family
Direxion Funds

Next steps

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Data updated on 2026-09-18