10-Jul-2026
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The Fund seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Energy Select Sector Index (the "Index"). The Index is provided by S&P Dow Jones Indices (the "Index Provider") and includes domestic companies from the energy sector, which includes the following industries: oil, gas and consumable fuels; and energy equipment and services, as classified by the Global Industry Classification Standards ("GICS"). The Fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, securities of the Index, and exchange-traded funds ("ETFs") that track the Index, that, in combination, provide 2X daily leveraged exposure to the Index, consistent with the Fund's investment objective. The financial instruments in which the Fund most commonly invests are swap agreements and futures agreements which are intended to produce economically leveraged investment results.
Direxion Daily Energy Bull 2X ETF trades on the ARCA stock market under the symbol ERX.
As of July 10, 2026, ERX stock price climbed to $81.44 with 200,924 million shares trading.
ERX has a beta of -1.14, meaning it tends to be less sensitive to market movements. ERX has a correlation of 0.09 to the broad based SPY ETF.
ERX has a market cap of $212.85 million. This is considered a Small Cap stock.
In the last 3 years, ERX traded as high as $110.78 and as low as $40.60.
ERX has outperformed the market in the last year with a price return of +47.7% while the SPY ETF gained +21.8%. However, in the short term, ERX had mixed performance relative to the market. It has underperformed in the last 3 months, returning -8.0% vs +11.4% return in SPY. But in the last 2 weeks, ERX shares have fared better than the market returning +4.4% compared to SPY +3.6%.
ERX support price is $78.31 and resistance is $83.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ERX shares will trade within this expected range on the day.