DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARESDIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARESDIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARES

DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARES

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Key stats


Assets under management (AUM)
‪7.11 B‬MXN
Fund flows (1Y)
‪−1.69 B‬MXN
Dividend yield (indicated)
3.15%
Discount/Premium to NAV
5.6%

About DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARES


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Expense ratio
0.97%
Home page
Inception date
May 28, 2015
Index tracked
S&P Oil & Gas Exploration & Production Select Industry
Management style
Passive
GUSH seeks to deliver 200% of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index. Unlike State Streets XOPan unlevered fund tracking the same indexGUSH uses over-the-counter derivatives to achieve its objective. As with all levered and inverse funds, GUSH should not be expected to deliver 2 times the performance of its index for periods longer than one day. Compounding and path-dependency can cause significant deviations over longer time frames, so it's best used for single-day tactical plays. It's worth noting that GUSH's index is equal weighted, market-cap weighting would require extreme concentration in a handful of major firms. As a result, GUSH exhibits a serious small-cap tilt and the elevated market risk that comes with it. GUSH's leverage factor only amplifies the potential for volatility. Trading costs should be taken into consideration. Prior to March 31, 2020, the fund provided 300% daily performance return of the same index.

Classification


Asset Class
Equity
Category
Sector
Focus
Energy
Niche
Oil & gas exploration & production
Strategy
Equal
Weighting scheme
Equal
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 1, 2024
Exposure type
StocksBonds, Cash & Other
Energy Minerals
Cash
Stocks58.99%
Energy Minerals55.30%
Miscellaneous2.64%
Process Industries0.58%
Distribution Services0.35%
Utilities0.11%
Bonds, Cash & Other41.01%
Cash41.01%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows