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TEXUDirexion Daily Energy Top 5 Bull 2X ETF

Take a betNewRanked #234 of 775 in this goal

Seeks daily investment results, before fees and expenses, of 200% of the daily performance of the S&P 500 Energy (Sector) Top 5 Equal Capped Index (USD).

By Direxion Funds · Launched 2025

Annual Cost

0.01%

#130 of 5,562 · low cost

Fund Size

$5M

#5,106 of 5,562 · small

Return (1Y)Goal

N/A

Track Record

9 months

#4,813 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$14,164+41.6%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Sector

Energy

Index tracked

S&P 500 Energy (Sector) Top 5 Equal Capped Index

What it actually holds

By weight

Concentration

Top 10 holdings = 99.9% of fundconcentrated

GOLDMAN SACHS LIQ ES FD A
19.4%
Exxon Mobil Corp.
17.6%
Chevron Corp.
17.3%
Williams Companies Inc. (The)
17.1%
ConocoPhillips
16.3%
EOG Resources Inc.
15.2%
DREYFUS GOVERNMENT CASH MANAGE
1.1%
GOLDMAN FINANCIAL
0.0%
N/A
-1.9%
N/A
-2.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-23.8%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results, before fees and expenses, of 200% of the daily performance of the S&P 500 Energy (Sector) Top 5 Equal Capped Index (USD).
Strategy
Daily-reset 2x leveraged exposure to the top five U.S.-listed large-cap energy securities of the S&P 500 Energy (Sector) Index, equal-weighted and rebalanced quarterly. Invests at least 80% of net assets in swap and futures agreements, securities of the Index, and ETFs tracking it. Concentrates in the energy sector; designed for short-term trading — daily compounding causes returns over periods longer than one day to diverge materially from 2x the underlying index return.
Inception date
September 30, 2025
Fund family
Direxion Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19