Stock Rating Report for ERX
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|Next 30 Days
|30 - 60 Days
|60 - 90 Days
Direxion Daily Energy Bull 3X Shares (ERX)
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The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Energy Select Sector Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the Energy Select Sector Index and/or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: futures contracts- options on securities, indices and futures contracts- equity caps, floors and collars- swap agreements- forward contracts- short positions- reverse repurchase agreements- exchange-traded funds- and other financial instruments. It is non-diversified.
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