ERY
·NYSE
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Key Stats
Assets Under Management
21.12MUSD
Fund Flows (1Y)
-81.60KUSD
Dividend Yield
2.86%
Discount/Premium to NAV
0.07%
Shares Outstanding
1.02M
Expense Ratio
0.99%
About Direxion Daily Energy Bear 2X Shares
Issuer
Rafferty Asset Management, LLC
Brand
Direxion
Inception Date
Nov 6, 2008
Structure
Open-Ended Fund
Index Tracked
Energy Select Sector Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
ERY, thru derivative instruments, provides daily 2x inverse exposure to the S&P Energy Select Sector Index, a constituency of energy companies derived from the S&P 500. Remember that this is an extremely concentrated sector, and includes industries such as oil, gas and consumable fuels, and energy equipment and services. The fund is designed to be a short-term trading vehicle and rebalances daily. As a result, compounding and path dependency lead to a lack of predictability in the fund's long-term returns. Prior to March 31, 2020, the fund name was Direxion Daily Energy Bear 3X Shares.
Classification
Asset Class
Equity
Category
Sector
Focus
Energy
Niche
Broad-based
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Market Cap
Selection Criteria
Committee
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | 0.00% | -2.63% | -18.32% | -23.57% | -32.16% | -94.12% |
NAV Total Return | -3.46% | -8.64% | -20.22% | -15.69% | -32.52% | -93.23% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
DREYFUS GOVT CASH MAN INS
85.43%
GOLDMAN FINL SQ TRSRY INST 506
10.71%
GOLDMAN SACHS FIN GOV 465 INSTITUT
7.04%
ENERGY SELECT SECTOR INDEX SWAP
-33.95%
ENERGY SELECT SECTOR INDEX SWAP-1
-51.89%
ENERGY SELECT SECTOR INDEX SWAP-2
-53.96%
ENERGY SELECT SECTOR INDEX SWAP-3
-60.20%
Top 10 Weight -96.82%
7 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-06-24 | 2025-06-24 | 2025-07-01 | 0.139 |
| 2025-03-25 | 2025-03-25 | 2025-04-01 | 0.351 |
| 2024-12-23 | 2024-12-23 | 2024-12-31 | 0.092 |
| 2024-09-24 | 2024-09-24 | 2024-10-01 | 0.230 |
| 2024-06-25 | 2024-06-25 | 2024-07-02 | 0.349 |
| 2024-03-19 | 2024-03-20 | 2024-03-26 | 0.370 |
| 2023-12-21 | 2023-12-22 | 2023-12-29 | 0.234 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
