(ERX) Direxion Daily Energy Bull - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US25460G6098 • Trading--Leveraged Equity
ERX: Oil, Gas, Fuels, Energy, Equipment, Services
The Direxion Daily Energy Bull 2X Shares (ERX) is a leveraged exchange-traded fund (ETF) designed to provide 2x daily returns of the S&P Energy Select Sector Index. The index, managed by S&P Dow Jones Indices, focuses on U.S. energy companies across key industries: oil, gas, and consumable fuels; as well as energy equipment and services. ERX trades on the NYSE Arca under the ticker symbol ERX and falls under the category of Trading--Leveraged Equity. The fund achieves its 2x leverage through investments in swap agreements, index securities, and ETFs tracking the index, with at least 80% of its net assets dedicated to these instruments. ERX is classified as a non-diversified fund, meaning it can invest a significant portion of its assets in a limited number of securities. For more details, visit http://www.direxionfunds.com.
As of the latest data, ERX has an average 20-day volume of 335,129 shares and a last price of $61.81. The funds moving averages show a 20-day SMA of $60.80, a 50-day SMA of $59.67, and a 200-day SMA of $62.05, indicating recent price strength relative to its longer-term trend. The Average True Range (ATR) of 2.16 suggests moderate volatility. With assets under management (AUM) of $255.40 million, ERX maintains a significant presence in the leveraged ETF space. Over the next three months, ERX is expected to track the energy sectors performance closely, with potential upside driven by rising energy prices and increased demand. However, volatility in oil and gas markets could lead to fluctuations in the funds value.
Additional Sources for ERX ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
ERX ETF Overview
Market Cap in USD | 238m |
Category | Trading--Leveraged Equity |
TER | 0.93% |
IPO / Inception | 2008-11-06 |
ERX ETF Ratings
Growth 5y | 58.4% |
Fundamental | - |
Dividend | 61.3% |
Rel. Strength Industry | -15.9 |
Analysts | - |
Fair Price Momentum | 67.37 USD |
Fair Price DCF | - |
ERX Dividends
Dividend Yield 12m | 2.68% |
Yield on Cost 5y | 15.61% |
Annual Growth 5y | 37.18% |
Payout Consistency | 43.6% |
ERX Growth Ratios
Growth Correlation 3m | 17.2% |
Growth Correlation 12m | -55.7% |
Growth Correlation 5y | 86.2% |
CAGR 5y | 41.53% |
CAGR/Max DD 5y | 0.63 |
Sharpe Ratio 12m | 1.91 |
Alpha | -18.49 |
Beta | 1.13 |
Volatility | 43.32% |
Current Volume | 246.7k |
Average Volume 20d | 282k |
As of March 15, 2025, the stock is trading at USD 59.73 with a total of 246,661 shares traded.
Over the past week, the price has changed by +5.18%, over one month by -1.73%, over three months by +4.64% and over the past year by -6.94%.
Partly, yes. Based on ValueRay Analyses, Direxion Daily Energy Bull (NYSE ARCA:ERX) is currently (March 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 58.41 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ERX as of March 2025 is 67.37. This means that ERX is currently undervalued and has a potential upside of +12.79% (Margin of Safety).
Direxion Daily Energy Bull has no consensus analysts rating.
According to ValueRays Forecast Model, ERX Direxion Daily Energy Bull will be worth about 77.3 in March 2026. The stock is currently trading at 59.73. This means that the stock has a potential upside of +29.43%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 77.3 | 29.4% |