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Direxion Daily Energy Bear 3X ETF

NYSE ARCA: ERY
36.58
+0.49
+1.36%
2/11/2016 6:41 PM EST
5 Years
  • Open

    38.03

  • Previous Close

    36.09

  • Vol (3-Month Avg.)

    1.80M

  • Day's Range

    35.72-39.53

  • 52 week range

    15.75-48.66

  • Net Assets

    79.99M

  • 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 (or opposite) of the performance of the Energy Select Sector Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; exchange-traded funds ("ETFs"); and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the Energy Select Sector Index. The fund is non-diversified.

Inception

11/6/2008

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