Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP)
- Previous Close
8.44 - Open
8.53 - Bid 8.43 x 3100
- Ask 8.49 x 3100
- Day's Range
8.42 - 8.67 - 52 Week Range
7.86 - 17.36 - Volume
979,120 - Avg. Volume
1,499,917 - Net Assets 51.67M
- NAV 8.45
- PE Ratio (TTM) --
- Yield 5.60%
- YTD Daily Total Return -23.80%
- Beta (5Y Monthly) -1.49
- Expense Ratio (net) 1.09%
The index measures the performance of the domestic companies included in the integrated oil and gas, oil and gas exploration and production and oil and gas refining and marketing sub-industries as classified by the GICS. The fund invests at least 80% of its net assets in financial instruments, that, in combination, provide 2X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. It is non-diversified.
Direxion Funds
Fund Family
Trading--Inverse Equity
Fund Category
51.67M
Net Assets
2015-05-28
Inception Date
Performance Overview: DRIP
Trailing returns as of 4/25/2024. Category is Trading--Inverse Equity.
People Also Watch
Holdings: DRIP
Sector Weightings
Recent News: DRIP
Research Reports: DRIP
Analyst Report: Freeport-McMoRan Inc
Freeport-McMoRan is a leading international mining company based in Phoenix. It operates geographically diverse assets with significant proven and probable reserves of copper, gold, and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world's largest copper and gold deposits; the Morenci minerals district in North America; and the Cerro Verde and El Abra mines in South America. The company has approximately 27,200 employees. FCX shares are a component of the S&P 500.
RatingPrice TargetAnalyst Report: Newmont Corporation
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 7.3 million ounces of gold in 2023 pro forma for Newcrest on an annualized basis. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts from its various gold mines. It had about two decades of gold reserves along with significant byproduct reserves after acquiring Newcrest.
RatingPrice TargetAnalyst Report: Newmont Corporation
Newmont is the world's largest gold miner, producing about 6 million attributable ounces of gold in 2022, good for about 5% of global mined output. The company also produced 1.3 million attributable gold equivalent ounces from the sale of byproducts, including copper, silver, zinc, and lead in 2022. It had about two decades of gold reserves along with significant byproduct reserves at end 2022. After buying Goldcorp in 2019 and combining its Nevada mines in a joint venture with competitor Barrick later that year, Newmont’s portfolio includes 12 wholly owned mines and interests in two joint ventures in the Americas, Africa, and Australia.
RatingPrice TargetAEM: What does Argus have to say about AEM?
AGNICO EAGLE MINES LTD has an Investment Rating of SELL; a target price of $41.000000; an Industry Subrating of Medium; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Low.
RatingPrice Target