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Direxion Daily Energy Bear 3X ETF

NYSE ARCA: ERY
15.80
+0.46
+3.00%
7/27/2016 7:07 PM EDT
5 Years
  • Open

    15.23

  • Previous Close

    15.34

  • Vol (3-Month Avg.)

    2.15M

  • Day's Range

    14.96-16.00

  • 52 week range

    13.83-48.66

  • Net Assets

    89.25M

  • Yield

    0.00%

  • Category

    Trading--Inverse Equity

  • Morningstar Risk

    -

Profile

Name of Issuer

Direxion Funds

Expenses

0.95%

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the Energy Select Sector Index. The fund creates short positions by investing at least 80% of its assets in: swap agreements; futures contracts; options; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. The index is provided by S&P Dow Jones Indices and includes domestic companies from the energy sector which includes the following industries: oil, gas and consumable fuels; and energy equipment and services. It is non-diversified.

Inception

11/6/2008

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