(ERX) Direxion Daily Energy Bull - Overview
Etf: Leveraged, Energy, Oil, Gas, Swaps
Dividends
| Dividend Yield | 2.48% |
| Yield on Cost 5y | 8.38% |
| Yield CAGR 5y | 21.98% |
| Payout Consistency | 45.8% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 39.7% |
| Relative Tail Risk | 4.57% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.79 |
| Alpha | 9.01 |
| Character TTM | |
|---|---|
| Beta | 1.564 |
| Beta Downside | 2.477 |
| Drawdowns 3y | |
|---|---|
| Max DD | 42.34% |
| CAGR/Max DD | 0.16 |
Description: ERX Direxion Daily Energy Bull December 31, 2025
Direxion Daily Energy Bull 2X Shares (NYSE ARCA: ERX) seeks to deliver twice the daily performance of the S&P Oil & Gas Exploration & Production Index, which tracks U.S. domestic companies involved in oil, gas, consumable fuels, and energy equipment & services. The ETF achieves this exposure primarily through swaps, index securities, and related ETFs, allocating at least 80% of its net assets to these leveraged instruments. Because the fund’s strategy is non-diversified and reset each day, its returns can diverge significantly from the underlying index over longer horizons.
Key quantitative points (as of Q3 2024): the fund’s expense ratio is 0.95%, and its average daily trading volume exceeds 1 million shares, providing ample liquidity for intraday traders. The energy sector’s performance is heavily tied to crude-oil price movements-average WTI Brent prices have hovered around $85 / bbl this year-and to U.S. shale output, which has risen 4% YoY according to the EIA rig count. Additionally, OPEC+ production decisions remain a primary macro driver, influencing the leveraged exposure that ERX amplifies.
For a deeper quantitative breakdown, you might explore ValueRay’s analytics platform to compare ERX’s risk-adjusted returns against other leveraged energy ETFs.
What is the price of ERX shares?
Over the past week, the price has changed by +8.46%, over one month by +34.62%, over three months by +44.21% and over the past year by +36.27%.
Is ERX a buy, sell or hold?
What are the forecasts/targets for the ERX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 84.2 | 7.7% |
ERX Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 252.5m USD (252.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 252.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 252.5m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 11.68% (E(252.5m)/V(252.5m) * Re(11.68%) + (debt-free company))
Discount Rate = 11.68% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)