ERX - Direxion Daily Energy Bull 3X ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
35.45
+0.21 (+0.60%)
At close: 4:00PM EDT
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Previous Close35.24
Open35.93
Bid0.00 x 1800
Ask0.00 x 1300
Day's Range35.05 - 36.19
52 Week Range21.37 - 44.29
Volume1,565,465
Avg. Volume2,115,918
Net Assets423.7M
NAV39.41
PE Ratio (TTM)N/A
Yield1.24%
YTD Return13.67%
Beta (3y)3.44
Expense Ratio (net)1.00%
Inception Date2008-11-06
Trade prices are not sourced from all markets
  • Benzinga28 days ago

    Exploring The Leveraged ETF Trade Heading Into Earnings Season

    Many institutional traders use multi-faceted strategies that involve several different instruments when trading around an earnings report. Among the most common hedging tools used by institutions are leveraged ETFs, which are built to deliver multiples (or inverse multiples) on a given index. “They aren’t meant to be held for more than a few days at a time,” Sylvia Jablonski, managing director of leveraged ETF provider Direxion ETFs said.

  • Benzinga2 months ago

    Some Traders Betting The Energy Rally Is On Borrowed Time

    While energy stocks have been surging, Direxion data indicate traders have been taking profits in the bullish ERX while adding capital to the bearish ERY. Traders favoring ERY over ERX is notable for several reasons, not the least of which is that the energy sector is entering a time of the year that has been unkind to energy stocks.

  • Benzinga3 months ago

    Which Sectors Have Been The Most Popular Among Short-Term Traders In 2018?

    Looking at the year-to-date fund flows of Direxion ETFs, the largest issuer of leveraged ETFs, the Direxion Daily Financial Bull 3x Shares (NYSE: FAS) has had $227.78 million of inflows in 2018, making it the Direxion fund with the most growth this year. Interestingly, the Direxion Daily S&P 500 Bull 3x Shares (NYSE: SPXL) has had $217.56 million of inflows this year, making it the second most popular of Direxion’s 70 leveraged ETFs. “If you look at 2017, the growth flow we had in our S&P products for the entire year, we’ve had more than half of that amount in the first few months of this year,” said Sylvia Jablonski, managing director of Direxion.

  • Benzinga4 months ago

    A Near-Term View On Leveraged Energy ETFs

    With oil prices surging, the energy sector is getting in on the act. Predictably, that's been good news for the Direxion Daily Energy Bull 3X Shares (NYSE: ERX ). ERX attempts to deliver triple the daily ...

  • Benzinga4 months ago

    As The Market Scrambles Over Tech And Trade Fears, ETF Fund Flow Signals Interesting Rotation

    Fear continues to grip traders and investors in a wrestling match between a market filled with fundamental promise and a global and domestic economic picture that is just this side of bedlam. Major U.S. indexes continue to rise and fall by full percentage points daily, moving in tune with downward pressure from Nasdaq-listed tech stocks like Facebook, Inc. (NASDAQ: FB) and Apple, Inc. (NASDAQ: AAPL).

  • Energy ETFs Rally: Will the Gains Last?
    Zacks5 months ago

    Energy ETFs Rally: Will the Gains Last?

    Inside the recent rally in oil and energy ETFs. Will the uptrend remain steady?

  • Can Energy ETFs Rebound on Middle East Tension?
    Zacks5 months ago

    Can Energy ETFs Rebound on Middle East Tension?

    Oil price climbed more than 2% in the last trading session buoyed by tensions in the Middle East and the possibility of further falls in Venezuelan output.

  • Benzinga5 months ago

    Breaking Down The Energy ETF Trade

    Energy equities and the related exchange traded funds (ETFs) were drubbed in February. For example, the Energy Select Sector SPDR (NYSE: XLE ), the largest energy sector ETF, plunged 10.8 percent last ...

  • Could Energy Continue Its Wild Ride in 2018?
    Market Realist6 months ago

    Could Energy Continue Its Wild Ride in 2018?

    Energy has been on a wild ride since President Trump’s inauguration, having somewhat to do with the administration and somewhat not. A lot of the down ride came just from an oversupply globally of crude oil. The rally then came from OPEC trying to hold supply and getting Russia to do the same.

  • Benzinga6 months ago

    Earnings Season Excitement With Energy ETFs

    View more earnings on ERY See more from Benzinga Some Traders Turn Bearish On Energy Sector © 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • 8 Leveraged ETFs That Soared At Least 20% to Start 2018
    InvestorPlace7 months ago

    8 Leveraged ETFs That Soared At Least 20% to Start 2018

    The stock market across the globe continues to show strong complacency this year amid record levels of corporate debt and a flattening yield curve. The combination of factors including strong corporate earnings, solid momentum in the global economy, booming trade, jump in oil prices and weak dollar are powering the global rally. Trump’s tax overhaul and a spending spree are boosting investors’ confidence in the world’s largest economy while China, the world’s second largest economy, is holding up well.

  • How to Bet on Energy Stocks with ETFs for Quick Returns
    Zacks7 months ago

    How to Bet on Energy Stocks with ETFs for Quick Returns

    Oil price is on a fantastic run thanks to geopolitical uncertainty, tightening supply and soaring demand, setting the stage for a strong rally in the energy stocks for the near term.

  • Oil Sees Strong Start to 2018 in 4 Years: ETFs to Play
    Zacks7 months ago

    Oil Sees Strong Start to 2018 in 4 Years: ETFs to Play

    Oil prices had their strongest start since January 2014 on the first trading day of 2018.

  • Benzinga8 months ago

    Preparing For OPEC Disappointment With Leveraged ETFs

    Leveraged exchange traded funds (ETFs) can be ideal ways for aggressive traders to exploit global events and related headlines, such as meetings of the Organization of Petroleum Exporting Countries (OPEC). ...

  • Benzinga10 months ago

    How Sector Rotation Manifests In Leveraged ETFs

    Sector rotation is one of the most primordial portfolio strategies at hand for traders and investors attempting to consistently capitalize on broad economic trends playing out in the market. Essentially, ...

  • 4 ETFs to Capitalize on the Oil Rally
    Zacks11 months ago

    4 ETFs to Capitalize on the Oil Rally

    Oil prices rallied lately and put these ETFs in focus.

  • Bet on Resurgent Energy Sector With Leveraged ETFs
    Zacks11 months ago

    Bet on Resurgent Energy Sector With Leveraged ETFs

    Here are three reasons to be strongly bullish on the sector.

  • Market Realist11 months ago

    Should Energy Stocks Go in Your Back-to-School Shopping Basket?

    The energy sector, as tracked by the Energy Select Sector SPDR Fund (XLE), has lost ~17.0% year-to-date as of August 31.

  • Market Realist11 months ago

    How Did Markets Fare in the Summer of 2017?

    Summer months have a tendency to be unfavorable for the stock market. Empirical evidence has shown that average returns for the S&P 500 are negative during summer months.

  • Market Realist11 months ago

    OPEC’s Crude Oil Production and Exports Impact Crude Oil Prices

    The EIA estimates that OPEC’s crude oil production fell by 150,000 bpd to 32.77 MMbpd (million barrels per day) in August 2017—compared to July 2017.

  • Market Realist11 months ago

    Cushing Inventories: Bullish or Bearish for Crude Oil Prices?

    A market survey estimates that Cushing crude oil inventories has risen between September 8 and September 15.

  • Benzinga11 months ago

    Oil ETFs Are Getting Interesting Again

    Following some bullish inventories data released this week, some traders are renewing their interest in oil-related exchange traded products, including the United States Oil Fund (NYSE: USO ). USO, the ...

  • Market Realist11 months ago

    What to Watch: This Week’s Key Crude Oil Price Drivers

    Let’s track some important events for crude oil and natural gas traders from September 11 to 15, 2017.

  • Market Realist11 months ago

    US Gasoline Futures Hit 2-Year High despite Inventory Rise

    The U.S. Energy Information Administration reported that US gasoline inventories rose 35,000 barrels to 229.9 MMbbls (million barrels) between August 18 and 25, 2017. Inventories fell 2.1 MMbbls, or 0.9%,…...

  • Benzinga11 months ago

    This Could Be The Energy ETF For September

    Spoiler alert: A leveraged exchange-traded fund will be highlighted here, and while the opportunity to be discussed involves the month of September, traders should remember that leveraged ETFs are best ...