Direxion Daily Energy Bull 2X Shares (ERX)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
116.71 USD
-4.00
(-3.318%) ⇩
(Oct. 15, 2026, 2:29 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 5:30 a.m. EDT
This leveraged energy ETF is currently trapped in a defensive posture. While the price has recovered significantly from its lows (up roughly 26% over the last 200 days), the options market screams caution. The sheer volume of put open interest at strikes well below the current price suggests traders are betting on a reversion to the mean or a continuation of the sector's weakness. The statistical forecast model offers no directional edge, confirming the lack of a clear trend. For a leveraged product, this ambiguity is dangerous; without a confirmed catalyst driving energy prices higher, the compounding decay and volatility drag will likely erode capital. The recent price gains are insufficient to overcome the structural risks inherent in holding a 2x leveraged inverse-correlated asset during a period of muted options demand for upside. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.092402 |
| AutoETS | 0.094028 |
| AutoTheta | 0.095310 |
| AutoARIMA | 0.177630 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 6.12 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.145 |
| Excess Kurtosis | -0.73 |
| Attribute | Value |
|---|---|
| Trailing P/E | 20.35 |
As of Oct. 10, 2026, 5:30 a.m. EDT: Speculators are heavily positioned for downside protection, with massive open interest in out-of-the-money puts (strikes 68-100) expiring in early 2027, suggesting a fear of a significant drop to the $50-$70 range. Conversely, call positioning is concentrated near the money (strikes 90-120) with very thin out-of-the-money volume, indicating limited speculative appetite for a major rally beyond current levels.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.36% | 1.65% | 2.31% | 2.55% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-22 | 0.366 | 0.361125 |
| 2026-06-23 | 0.243 | 0.303636 |
| 2026-03-24 | 0.517 | 0.507559 |
| 2025-12-23 | 0.265 | 0.477908 |
| 2025-09-23 | 0.383 | 0.681010 |
| 2025-06-24 | 0.323 | 0.626212 |
| 2025-03-25 | 0.446 | 0.686259 |
| 2024-12-23 | 0.316 | 0.590323 |
| 2024-09-24 | 0.395 | 0.649137 |
| 2024-06-25 | 0.414 | 0.631868 |
| 2024-03-19 | 0.512 | 0.757733 |
| 2023-12-21 | 0.374 | 0.645161 |
| 2023-09-19 | 0.453 | 0.662765 |
| 2023-06-21 | 0.469 | 0.901057 |
| 2023-03-21 | 0.500 | 0.906290 |
| 2022-12-20 | 0.330 | 0.525896 |
| 2022-09-20 | 0.416 | 0.778297 |
| 2022-06-22 | 0.382 | 0.771717 |
| 2022-03-22 | 0.358 | 0.658451 |
| 2021-12-21 | 0.185 | 0.646401 |
| 2021-09-21 | 0.169 | 0.780240 |
| 2021-06-22 | 0.164 | 0.567670 |
| 2021-03-23 | 0.122 | 0.541981 |
| 2020-12-22 | 0.074 | 0.525568 |
| 2020-09-22 | 0.102 | 0.975143 |
| 2020-06-23 | 0.161 | 0.985312 |
| 2019-12-23 | 0.740 | 0.419739 |
| 2019-09-24 | 0.710 | 0.429003 |
| 2019-03-19 | 1.280 | 0.557491 |
| 2018-12-27 | 0.820 | 0.534202 |
| 2018-09-25 | 1.140 | 0.294650 |
| 2018-06-19 | 2.740 | 0.749658 |
| 2017-12-19 | 2.140 | 0.690100 |
| 2017-06-20 | 0.640 | 0.252565 |
| 2017-03-21 | 0.200 | 0.064935 |
| 2010-06-22 | 0.490 | 0.160078 |
| 2010-03-23 | 3.560 | 0.920372 |
| 2009-11-20 | 46.490 | 11.969619 |
| 2009-09-22 | 1.100 | 0.260540 |
| 2009-06-23 | 0.610 | 0.221335 |
| 2009-03-24 | 0.560 | 0.205807 |
| 2008-12-17 | 0.080 | 0.018635 |
| Attribute | Value |
|---|---|
| All Time High | 1,359.8 |
| All Time Low | 5.0 |
| Ask | 117.3 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 227,330 |
| Average Daily Volume3 Month | 269,446 |
| Average Volume | 269,446 |
| Average Volume10Days | 227,330 |
| Beta3 Year | -0.06 |
| Bid | 117.19 |
| Bid Size | 200 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 121.5899 |
| Day Low | 116.64 |
| Display Name | Daily Energy Bull 2X Shares |
| Dividend Yield | 1.39 |
| Eps Trailing Twelve Months | 5.73599 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 105.8362 |
| Fifty Day Average Change | 10.868805 |
| Fifty Day Average Change Percent | 0.10269459 |
| Fifty Two Week Change Percent | 135.76172 |
| Fifty Two Week High | 121.5899 |
| Fifty Two Week High Change | -4.8848953 |
| Fifty Two Week High Change Percent | -0.040175173 |
| Fifty Two Week Low | 50.5 |
| Fifty Two Week Low Change | 66.205 |
| Fifty Two Week Low Change Percent | 1.3109901 |
| Fifty Two Week Range | 50.5 - 121.5899 |
| First Trade Date Milliseconds | 1,227,105,000,000 |
| Five Year Average Return | 0.3481097 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -4.0049973 |
| Fullday Change Percent | -3.317867 |
| Fullday Price | 116.705 |
| Fund Family | Direxion Funds |
| Fund Inception Date | 1,225,929,600 |
| 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 is provided by S&P Dow Jones Indices and includes domestic companies from the energy sector which includes the following industries: oil, gas and consumable fuels; and energy equipment and services. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified. |
| Long Name | Direxion Daily Energy Bull 2X Shares |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_51234297 |
| Nav Price | 119.215 |
| Net Assets | 231,754,272.0 |
| Net Expense Ratio | 0.91 |
| Open | 121.72 |
| Phone | 866-476-7523 |
| Previous Close | 120.71 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -4.0049973 |
| Regular Market Change Percent | -3.317867 |
| Regular Market Day High | 121.5899 |
| Regular Market Day Low | 116.64 |
| Regular Market Day Range | 116.64 - 121.5899 |
| Regular Market Open | 121.72 |
| Regular Market Previous Close | 120.71 |
| Regular Market Price | 116.705 |
| Regular Market Time | 1,792,088,978 |
| Regular Market Volume | 187,646 |
| Short Name | Direxion Energy Bull 2X ETF |
| Source Interval | 15 |
| Symbol | ERX |
| Three Year Average Return | 0.25198948 |
| Total Assets | 231,754,272 |
| Tradeable | 0 |
| Trailing P E | 20.346096 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 31.84586 |
| Trailing Three Month Returns | 31.84586 |
| Triggerable | 1 |
| Two Hundred Day Average | 89.65635 |
| Two Hundred Day Average Change | 27.048653 |
| Two Hundred Day Average Change Percent | 0.30169255 |
| Type Disp | ETF |
| Volume | 187,646 |
| Yield | 0.0139 |
| Ytd Return | 81.27394 |