The index measures the performance of the domestic companies included in the integrated oil and gas, oil and gas exploration and production and oil and gas refining and marketing sub-industries as classified by the GICS. The fund invests at least 80% of its net assets in financial instruments, that, in combination, provide 2X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund"s investment objective. It is non-diversified.
Frequently asked questions
What is the Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP) expense ratio?
The Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares funds expense ratio is 1.09%.
What is Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP) current stock price?
As of the latest data, Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares stock price is $28.62, with a previous close of $29.49. Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares lost -$0.87 in the last trading session, representing a -2.95% loss.
Does Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP) pay dividends?
Yes. Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares pays quarterly dividends with an annualized yield of 4.3% and an estimated annual payout of $1.23 per share.
