Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
5.25 USD
+0.47
(9.833%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 5.26 +0.01 (0.194%) ⇧ (April 17, 2026, 7:59 p.m. EDT) Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★★★ |
Hot Take | April 11, 2026, 3:01 p.m. EDT
DRIP is a leveraged inverse ETF designed to provide 2x daily exposure to the inverse performance of the S&P Oil & Gas Exploration and Production Index. The recent price history shows a volatile trend with a recent dip, which could present a buy-the-dip opportunity for short-term traders. However, the long-term outlook is weak, as the fundamentals of the underlying index are not favorable. The high dividend yield is a positive aspect for income-focused investors, but the stock's volatility and the inverse nature of the ETF make it unsuitable for long-term holding. The options activity suggests that traders are cautious, with a mix of bullish and bearish positions, indicating potential for further price swings. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.406643 |
| MSTL | 0.408195 |
| AutoETS | 0.409315 |
| AutoARIMA | 0.432175 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 13.74 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.187 |
| Excess Kurtosis | -1.34 |
As of April 11, 2026, 3:01 p.m. EDT: Options speculators are showing a mixed sentiment. The high open interest and volume in both calls and puts suggest uncertainty about the future direction of DRIP. The ATM strikes are heavily positioned, with elevated IV, indicating potential for significant price movement. The higher OI in out-of-the-money calls and puts suggests traders are hedging against both upward and downward volatility, possibly due to the bearish forecast and the recent price fluctuations.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.66% | 2.33% | 3.78% | 2.66% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-24 | 0.028000 | 0.663507 |
| 2025-12-23 | 0.031000 | 0.348139 |
| 2025-09-23 | 0.060000 | 0.717756 |
| 2025-06-24 | 0.056000 | 0.603632 |
| 2025-03-25 | 0.111000 | 1.086204 |
| 2024-12-23 | 0.034000 | 0.296273 |
| 2024-09-24 | 0.124000 | 1.175752 |
| 2024-06-25 | 0.143000 | 1.591309 |
| 2024-03-19 | 0.177000 | 2.049616 |
| 2023-12-21 | 0.089000 | 0.876309 |
| 2023-09-19 | 0.093000 | 1.007090 |
| 2023-06-21 | 0.122000 | 0.939024 |
| 2023-03-21 | 0.270000 | 1.927364 |
| 2020-12-22 | 0.030000 | 0.012094 |
| 2019-12-23 | 0.266667 | 0.064626 |
| 2019-09-24 | 2.683333 | 0.508452 |
| 2019-03-19 | 1.500000 | 0.390322 |
| 2018-12-27 | 2.500000 | 0.402218 |
| 2018-09-25 | 0.666667 | 0.343480 |
| 2018-06-19 | 0.291667 | 0.120800 |
| 2018-03-20 | 0.791667 | 0.157366 |
| Attribute | Value |
|---|---|
| All Time High | 10,048.4375 |
| All Time Low | 3.77 |
| Ask | 5.26 |
| Ask Size | 190,800 |
| Average Daily Volume10 Day | 36,761,050 |
| Average Daily Volume3 Month | 26,932,382 |
| Average Volume | 26,932,382 |
| Average Volume10Days | 36,761,050 |
| Beta3 Year | -0.5 |
| Bid | 5.24 |
| Bid Size | 217,700 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 5.5399 |
| Day Low | 5.22 |
| Dividend Yield | 4.24 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.2896 |
| Fifty Day Average Change | -0.039599895 |
| Fifty Day Average Change Percent | -0.007486369 |
| Fifty Two Week Change Percent | -61.425423 |
| Fifty Two Week High | 13.87 |
| Fifty Two Week High Change | -8.62 |
| Fifty Two Week High Change Percent | -0.62148523 |
| Fifty Two Week Low | 3.77 |
| Fifty Two Week Low Change | 1.48 |
| Fifty Two Week Low Change Percent | 0.39257294 |
| Fifty Two Week Range | 3.77 - 13.87 |
| First Trade Date Milliseconds | 1,432,906,200,000 |
| Five Year Average Return | -0.45437962 |
| Full Exchange Name | NYSEArca |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,432,771,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The index measures the performance of the domestic companies included in the integrated oil and gas, oil and gas exploration and production and oil and gas refining and marketing sub-industries as classified by the GICS. The fund invests at least 80% of its net assets in financial instruments, that, in combination, provide 2X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_295054280 |
| Nav Price | 5.252 |
| Net Assets | 97,188,624.0 |
| Net Expense Ratio | 1.01 |
| Open | 5.25 |
| Phone | 866-476-7523 |
| Post Market Change | 0.010200024 |
| Post Market Change Percent | 0.19428617 |
| Post Market Price | 5.2602 |
| Post Market Time | 1,776,470,396 |
| Previous Close | 4.78 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.47 |
| Regular Market Change Percent | 9.83263 |
| Regular Market Day High | 5.5399 |
| Regular Market Day Low | 5.22 |
| Regular Market Day Range | 5.22 - 5.5399 |
| Regular Market Open | 5.25 |
| Regular Market Previous Close | 4.78 |
| Regular Market Price | 5.25 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 57,749,372 |
| Short Name | Direxion Daily S&P Oil & Gas Ex |
| Source Interval | 15 |
| Symbol | DRIP |
| Three Year Average Return | -0.2439823 |
| Total Assets | 97,188,624 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -53.912 |
| Trailing Three Month Returns | -53.912 |
| Triggerable | 1 |
| Two Hundred Day Average | 7.98125 |
| Two Hundred Day Average Change | -2.7312498 |
| Two Hundred Day Average Change Percent | -0.3422083 |
| Type Disp | ETF |
| Volume | 57,749,372 |
| Yield | 0.0424 |
| Ytd Return | -53.912 |