ERX - Direxion Daily Energy Bull 3X Shares

NYSEArca - NYSEArca Delayed Price. Currency in USD
+0.94 (+6.75%)
At close: 4:00PM EDT
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Previous Close13.93
Bid0.00 x 3200
Ask0.00 x 800
Day's Range0.00 - 0.00
52 Week Range
Avg. Volume1,597,761
Net Assets320.51M
PE Ratio (TTM)N/A
YTD Return-7.42%
Beta (3Y Monthly)3.59
Expense Ratio (net)1.09%
Inception Date2008-11-06
Trade prices are not sourced from all markets
  • ETF Trends

    Inverted Yield Curve Woes Spill Over into Oil Prices

    As the Dow Jones Industrial Average had its worst day of 2019 with an 800-point loss on Wednesday, the market woes spilled over into oil prices. In addition, the U.S.-China trade war is making Chinese traders from making bets in U.S. crude. Per an report, “Chinese refiners and traders have been staying away from U.S.-origin crude cargoes for months amid the trade war, despite the fact that China doesn’t have tariffs imposed on U.S. oil.

  • ETF Trends

    Energy Plays Could be on Traders’ Radars as China Could Target U.S. Oil

    While in general, the U.S.-China trade war may be seen as a net negative for the capital markets, traders have been embracing the volatility that's returning. While the tariff-for-tariff war wages on, China could target U.S. oil next, which could make way for some interesting energy plays. “I think it is a virtual shoo-in that volumes will slow to a trickle and may even grind to a complete halt,” Stephen Brennock, oil analyst at PVM Oil Associates, told CNBC via email.

  • ETF Trends

    Oil’s Worst Day in Four Years Opens Up Energy Opportunities

    Just as the capital markets were responding to the upside on the heels of the 25-basis point rate cut by the Federal Reserve, U.S. President Donald Trump’s imposition of tariffs sent the markets back down. Oil prices saw their worst performance in four years, but opportunities could be ahead for leveraged, energy-focused exchange-traded funds (ETFs). The Dow finished 300 points in the red following the rate cut announcement on Wednesday and then went up over 300 at the beginning of the following market session on Thursday.

  • How to Trade 2019's Best Performing Leveraged Sector ETFs

    How to Trade 2019's Best Performing Leveraged Sector ETFs

    See what sectors have led the stock market higher in early 2019. Ride short-term momentum using these three leveraged sector ETFs.

  • 6 Leveraged ETFs to Play Trade, Oil and Shutdown Hopes

    6 Leveraged ETFs to Play Trade, Oil and Shutdown Hopes

    Optimism is prevailing around U.S.-Sino trade, oil price and U.S. government shutdown. This should boost the following leveraged ETFs.

  • Tap Oil with These Leveraged Energy ETFs

    Tap Oil with These Leveraged Energy ETFs

    Amid the renewed optimism, many investors have turned bullish on the energy sector and are seeking to tap this opportunity. For them, a leveraged play on energy or oil could be an excellent idea.

  • Will the Energy Sector Suffer Further amid Trade War Concerns?
    Market Realist

    Will the Energy Sector Suffer Further amid Trade War Concerns?

    Note in the chart below how energy was beating the market by 20%, but now is trailing by 10%—quite the 30% reversal.ERX (3X Bull Energy) and ERY (3X Bear Energy) can help you hedge or make the bounce-back bet, whichever you opt for. US-China trade war concerns affected crude oil prices as the dispute between the two nations is expected to affect global economic growth. Adding fuel to the fire are the US sanctions against Iran’s oil sector, which affected crude oil prices further.