Key stats
About DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARES
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Inception date
May 28, 2015
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
GUSH seeks to deliver 200% of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index. Unlike State Street’s XOP—an unlevered fund tracking the same index—GUSH uses over-the-counter derivatives to achieve its objective. As with all levered and inverse funds, GUSH should not be expected to deliver 2 times the performance of its index for periods longer than one day. Compounding and path-dependency can cause significant deviations over longer time frames, so it's best used for single-day tactical plays. It's worth noting that GUSH's index is equal weighted, market-cap weighting would require extreme concentration in a handful of major firms. As a result, GUSH exhibits a serious small-cap tilt and the elevated market risk that comes with it. GUSH's leverage factor only amplifies the potential for volatility. Trading costs should be taken into consideration. Prior to March 31, 2020, the fund provided 300% daily performance return of the same index.
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
Energy Minerals
Cash
Stocks66.95%
Energy Minerals63.70%
Miscellaneous2.16%
Distribution Services0.54%
Process Industries0.37%
Utilities0.18%
Bonds, Cash & Other33.05%
Cash33.05%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GUSH invests in stocks. The fund's major sectors are Energy Minerals, with 63.70% stocks, and Miscellaneous, with 2.16% of the basket. The assets are mostly located in the North America region.
GUSH last dividends amounted to 3.30 MXN. The quarter before, the issuer paid 3.64 MXN in dividends, which shows a 10.23% decrease.
GUSH assets under management is 4.57 B MXN. It's risen 6.16% over the last month.
GUSH fund flows account for −1.10 B MXN (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, GUSH pays dividends to its holders with the dividend yield of 3.64%. The last dividend (Apr 1, 2025) amounted to 3.30 MXN. The dividends are paid quarterly.
GUSH shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on May 28, 2015, and its management style is Passive.
GUSH expense ratio is 0.93% meaning you'd have to pay 0.93% of your investment to help manage the fund.
GUSH follows the S&P Oil & Gas Exploration & Production Select Industry. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GUSH invests in stocks.
GUSH price has risen by 14.87% over the last month, and its yearly performance shows a −37.18% decrease. See more dynamics on GUSH price chart.
NAV returns, another gauge of an ETF dynamics, showed a −25.15% decrease in three-month performance and has decreased by −34.80% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −25.15% decrease in three-month performance and has decreased by −34.80% in a year.
GUSH trades at a premium (1.65%) meaning the ETF is trading at a higher price than the calculated NAV.