ERX - Direxion Daily Energy Bull 3X ETF
21.05 +0.73 (3.59%)
Pre-Market: 5:34AM EST
| Previous Close | 20.33 |
| Open | 21.29 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 800 |
| Day's Range | 19.70 - 21.37 |
| 52 Week Range | 18.90 - 44.29 |
| Volume | 1,922,710 |
| Avg. Volume | 2,404,750 |
| Net Assets | 365.37M |
| NAV | 23.57 |
| PE Ratio (TTM) | N/A |
| Yield | 2.55% |
| YTD Return | -31.96% |
| Beta (3Y Monthly) | 3.24 |
| Expense Ratio (net) | 1.00% |
| Inception Date | 2008-11-06 |
- Zacks•8 days ago
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.
- Market Realist•3 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.
- Benzinga•5 months 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.
- Benzinga•6 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.
- Benzinga•7 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.
- Benzinga•8 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•8 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).
- Zacks•9 months ago
Energy ETFs Rally: Will the Gains Last?
Inside the recent rally in oil and energy ETFs. Will the uptrend remain steady?
- Zacks•9 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.
- Benzinga•9 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 ...
- Market Realist•10 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.
- Benzinga•10 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.
- InvestorPlace•11 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.
- Zacks•11 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.
- Zacks•11 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.
