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Direxion Daily Energy Bull 2X Etf

Direxion Daily Energy Bull 2X Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization280.77 mln

Business Description

This fund seeks to deliver twice the daily return of an S&P Dow Jones index focused on U.S. energy companies, primarily those involved in oil, gas, and related equipment and services. It achieves this by placing at least 80% of its assets into a mix of swaps, index securities, and ETFs that together create this leveraged exposure. Because it concentrates on a single sector and uses leverage, it carries a higher level of risk than a broadly diversified fund.

Key Fundamentals

EPS4.46
P/E19.43

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -9.5% 4 / 100   
1 Month -2.21% 18 / 100   
2 Months 26.05% 92 / 100   
6 Months 61.03% 95 / 100   
1 Year 85.72% 91 / 100   



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