ERY - Direxion Daily Energy Bear 3X ETF
| Previous Close | 43.22 |
| Open | 42.04 |
| Bid | 0.00 x 1200 |
| Ask | 0.00 x 800 |
| Day's Range | 41.08 - 42.16 |
| 52 Week Range | 29.08 - 284.50 |
| Volume | 155,142 |
| Avg. Volume | 256,695 |
| Net Assets | 21.08M |
| NAV | 41.18 |
| PE Ratio (TTM) | N/A |
| Yield | 0.79% |
| YTD Return | -36.28% |
| Beta (3Y Monthly) | -3.65 |
| Expense Ratio (net) | 1.00% |
| Inception Date | 2008-11-06 |
- Investopedia•last month
Top Performing Energy ETFs for 2018
Fluctuating oil prices and talks of a trade war, among other things, caused energy sectors stocks to tumble throughout 2018. Although there were reasons to be optimistic at various points throughout the year, the last few months of 2018 were particularly rough: October constituted the worst single month for the sector in the better part of a decade, and the final weeks of the year saw stock prices plummet along with the market overall.
- Zacks•2 months ago
5 Best Inverse Leveraged ETF Areas of 2018
These inverse leveraged ETFs have logged sizable gains in 2018.
- Zacks•2 months ago
7 Inverse ETFs That Soared More Than 70% in Q4
The myriad woes have resulted in huge demand for inverse or leveraged inverse ETFs for investors seeking to make big gains in a short span.
- Zacks•3 months ago
Oil in Bear Market: Leveraged ETFs to Gain From
U.S. crude slips to bear market, putting focus on these leveraged ETFs.
- ETF Trends•4 months ago
5 Best-Performing Inverse ETFs Thriving Off Volatility
The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). GASX seeks daily investment results worth 300% of the inverse of the daily performance of the ISE-Revere Natural Gas IndexTM. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes).
- Market Realist•6 months ago
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.
- Zacks•6 months ago
Energy ETFs: Victims of China Tariffs
Why several oil and energy ETFs are vulnerable to U.s.-Sino trade tensions.
- ETF Trends•8 months ago
12 ETF Strategies to Cope with Changing Markets
Given the current certainties and market risks, ETF investors should construct resilient portfolios to participate on any further upside and hedge the downside. On the recent webcast (available On Demand for CE Credit), Potential ETF Strategies for Today’s (and Tomorrow’s) Markets, Sylvia Jablonski, Managing Director and Institutional ETF Strategist for Direxion and Portfolio+ ETFs, outlined a number of global elements that may influence an investor portfolio, such as the U.S. economy entering late-cycle phase, the Federal reserve moving toward monetary policy normalization, rising interest rates, building inflationary pressures, increasing dispersion amongst sectors, and changing geopolitical climate. "If you’re an investor, you have to believe that markets generally rise over time.
- Zacks•8 months ago
OPEC Spat & Trade Tension Drag Down Oil: ETFs to Profit
Oil prices have drifted lower on a host of tensions. These inverse ETFs should help you to gain out of this situation.
- Benzinga•9 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.
- Zacks•9 months ago
Are Good Times Over for the Oil Patch? ETFs to Profit
How to profit via ETFs if oil price rally comes to end soon.
- Benzinga•10 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 ...
- Benzinga•11 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 ...
- Zacks•last year
The Zacks Analyst Blog Highlights: DUST, GASX, ERY, DRV and DRIP
The Zacks Analyst Blog Highlights: DUST, GASX, ERY, DRV and DRIP
- PR Newswire•last year
Direxion Announces Reverse Splits of Five ETFs
NEW YORK , Feb. 28, 2018 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Technology Bear 3X Shares, Direxion Daily Energy ...
- Market Realist•last year
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.
