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Direxion Daily Energy Bear 3X ETF

NYSE ARCA: ERY
17.21
-0.25
-1.43%
5/24/2016 7:54 PM EDT
5 Years
  • Open

    17.15

  • Previous Close

    17.46

  • Vol (3-Month Avg.)

    2.28M

  • Day's Range

    16.92-17.54

  • 52 week range

    15.62-48.66

  • Net Assets

    88.35M

  • 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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