Key stats
About Direxion Daily Energy Bear 2X Shares
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Inception date
Nov 6, 2008
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
ERY, thru derivative instruments, provides daily 2x inverse exposure to the S&P Energy Select Sector Index, a constituency of energy companies derived from the S&P 500. Remember that this is an extremely concentrated sector, and includes industries such as oil, gas and consumable fuels, and energy equipment and services. The fund is designed to be a short-term trading vehicle and rebalances daily. As a result, compounding and path dependency lead to a lack of predictability in the fund's long-term returns. Prior to March 31, 2020, the fund name was Direxion Daily Energy Bear 3X Shares.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ERY last dividends amounted to 0.35 USD. The quarter before, the issuer paid 0.09 USD in dividends, which shows a 73.73% increase.
ERY assets under management is 18.72 M USD. It's risen 17.79% over the last month.
ERY fund flows account for −10.21 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ERY pays dividends to its holders with the dividend yield of 4.08%. The last dividend (Apr 1, 2025) amounted to 0.35 USD. The dividends are paid quarterly.
ERY shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Nov 6, 2008, and its management style is Passive.
ERY expense ratio is 0.99% meaning you'd have to pay 0.99% of your investment to help manage the fund.
ERY follows the S&P Energy Select Sector. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ERY invests in cash.
ERY price has risen by 1.54% over the last month, and its yearly performance shows a 7.33% increase. See more dynamics on ERY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.05% over the last month, showed a 12.21% increase in three-month performance and has increased by 12.81% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.05% over the last month, showed a 12.21% increase in three-month performance and has increased by 12.81% in a year.
ERY trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.