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ALL
AUM
$222075704
P/E ratio
17.4
Dividend yield
2.5758%
Expense ratio
0.9%
Beta
1.17695
Previous close
$58.64
Today's open
$58.86
Day's range
$57.20 - $59.24
52 week range
$40.60 - $67.11
Alternatives
Trading Tools
Top Performing Leveraged/Inverse ETFs: 09/28/2025
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
ETF Trends • Oct 1, 2025

The Case For The ERX ETF Product
Direxion Daily Energy Bull 2X Shares is a leveraged ETF best suited for short-term trading, not long-term investing, due to time decay and amplified volatility. Oil prices have been steady in mid-2025, with strong product demand and supportive U.S. energy policies benefiting oil companies' earnings. XLE, the underlying index for ERX, has outperformed crude oil prices, and ERX magnifies both gains and losses relative to XLE.
Seeking Alpha • Aug 7, 2025

1 Big Beautiful Bill Could Energize This ETF Trio
President Trump's One Big Beautiful Bill could energize leveraged ETFs that can capitalize on the strength of the oil and gas industry. That is, of course, if they continue exhibiting upside through the rest of the summer.
ETF Trends • Jul 14, 2025

Leveraged Energy ETFs to Tap Oil Price Surge
With crude rallying on the U.S.-Iran conflict, leveraged ETFs like DIG, ERX, GUSH and OILU offer bold plays on short-term energy momentum.
Zacks Investment Research • Jun 23, 2025

Trading Energy-Related Assets With ERX
Crude oil prices have been volatile due to geopolitical tensions, U.S. trade policies, and increased production from OPEC+ and the U.S., impacting oil-related stocks. The Direxion Daily Energy Bull 2X Shares ETF offers leveraged exposure to oil-related companies but carries risks like time decay and potential reverse splits. ERX's recent performance has been poor due to declining oil prices, high management fees, and market volatility, but it can outperform if oil prices recover.
Seeking Alpha • Apr 24, 2025

Oil Logs Big Weekly Gain in a Year: Leveraged Energy ETFs Surge
Oil price surge raises the appeal for leveraged energy ETFs as these offer huge gains in a very short time frame.
Zacks Investment Research • Oct 7, 2024

4 ETFs to Mull as Hedge Funds Load Up on Energy
With rate cuts potentially looming in September, hedge funds are loading up on energy sector stocks,. That could give traders opportunities in leveraged ETFs if they want to mirror their bets.
ETF Trends • Aug 22, 2024

Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.
ETF Trends • Aug 1, 2024

Rate Cut Hopes Spur Oil & Energy ETFs Higher
The expectation of rate cuts is pushing oil prices higher as U.S. consumer prices fell during the month of June. This could give bullish oil and energy traders more momentum to bet on price increases when the Federal Reserve finally loosens monetary policy.
ETF Trends • Jul 15, 2024

This Energy ETF Shows AI Isn't the Only Trade to Consider
AI may have the limelight, but it's not the only trade in town worth considering. Despite the ongoing news surrounding the energy transition to cleaner sources, fossil fuels continue to push higher as seen in rising oil and gas prices.
ETF Trends • Apr 15, 2024

¹ Disclosures

Open an M1 investment account to buy and sell Direxion Daily Energy Bull 2x Shares commission-free¹. Build wealth for the long term using automated trading and transfers.