Leveraged 3x long bull etfs are funds that track a wide variety of asset classes such as stocks bonds and commodity futures and apply leverage in order to gain three times the daily or monthly return of the underlying index.
Energy bull 3x etf.
Morningstar s analysis the morningstar analysis section contains a thorough evaluation.
As long only funds they do not provide short or inverse exposure.
Direxion shares etf trust direxion daily energy bull 2x shares is an exchange traded fund launched by direxion investments.
Etfs which are available to individual investors only through brokers and advisers trade like stocks on an exchange.
Etfs which are available to individual investors only through brokers and advisers trade like stocks on an exchange.
Direxion launched the bull and bear lines of the daily energy shares 2x etf in november 2008.
The direxion daily energy bull erx and bear ery 2x shares seeks daily investment results before fees and expenses of 200 or 200 of the inverse or opposite of the performance of the energy select sector index there is no guarantee the funds will meet their stated investment objectives.
There is no guarantee the funds will meet their.
Click on the tabs below to see more information on leveraged energy etfs including historical performance dividends holdings expense ratios technical indicators analysts reports and more.
The level of magnification is included in each fund s description and is generally 2x or 3x or 2x or 3x.
The direxion daily energy bull erx bear ery 2x shares seeks daily investment results before fees and expenses of 200 or 200 of the inverse or opposite of the performance of the energy select sector index which invests in areas like oil pipelines and coal.
The fund is managed by rafferty asset management llc.
The bull direxion daily energy bull 2x erx aims to reproduce 200 of the daily returns of the s p.
Direxion daily energy bull 2x etf erx quote fund analysis performance risk price portfolio parent premium.