Direxion Daily Energy Bear 2X Shares (ERY)Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
11.41 USD
-0.19
(-1.638%) ⇩
(June 12, 2026, 4 p.m.
EDT)
After hours: 11.52 +0.11 (0.964%) ⇧ (June 12, 2026, 7:47 p.m. EDT) |
Hot Take ↕ | June 7, 2026, 5:14 a.m. EDT
This instrument is a leveraged inverse ETF designed to profit from falling energy prices, yet the underlying asset class has been in a prolonged downtrend, causing the fund itself to suffer catastrophic losses. Over the last nine years, the price has collapsed by nearly 97%, with six consecutive years of negative annual returns. This structural decline indicates that the market views the energy sector as fundamentally broken or irrelevant for the foreseeable future, making this 'bear' trade a losing proposition rather than a hedge. While the recent price action shows a slight bounce off lows, the momentum remains deeply bearish, and the statistical forecast predicts further downside over the next 45 days. The reported 3.46% dividend yield is a dangerous illusion; it represents a massive percentage of the remaining capital base and is likely unsustainable given the continuous erosion of share value. Investors buying this are essentially betting against a trend that has already destroyed 97% of their principal. |
| Model | MAE |
|---|---|
| MSTL_55 ✓ | 0.054629 |
| MSTL_126 | 0.056418 |
| AutoTheta | 0.058040 |
| AutoARIMA | 0.058302 |
| MSTL_55_126 | 0.058369 |
| MSTL | 0.073880 |
| AutoETS | 0.075892 |
Forecast horizon: 60 days | Selected: MSTL_55
| Forecast Reliability | |
|---|---|
| Score | 50% |
| H-stat | 0.24 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.212 |
| Excess Kurtosis | -0.29 |
As of June 7, 2026, 5:14 a.m. EDT: Speculators are positioning for a continued decline, evidenced by heavy out-of-the-money put volume and open interest relative to calls. The July expiration shows significant put open interest at strikes significantly below current prices, while call activity is concentrated near the money or slightly out-of-the-money, suggesting a bearish bias with limited upside expectations.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.69% | 2.31% | 3.78% | 2.55% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-24 | 0.072 | 0.690316 |
| 2025-12-23 | 0.079 | 0.393819 |
| 2025-09-23 | 0.124 | 0.610837 |
| 2025-06-24 | 0.139 | 0.613145 |
| 2025-03-25 | 0.351 | 1.701406 |
| 2024-12-23 | 0.092 | 0.351548 |
| 2024-09-24 | 0.230 | 0.965981 |
| 2024-06-25 | 0.349 | 1.536768 |
| 2024-03-19 | 0.370 | 1.634998 |
| 2023-12-21 | 0.234 | 0.859978 |
| 2023-09-19 | 0.238 | 0.989194 |
| 2023-06-21 | 0.324 | 0.997537 |
| 2023-03-21 | 0.361 | 1.109404 |
| 2022-12-20 | 0.092 | 0.295250 |
| 2020-03-24 | 1.500 | 0.099641 |
| 2019-12-23 | 0.760 | 0.195022 |
| 2019-09-24 | 1.300 | 0.285966 |
| 2019-06-25 | 2.050 | 0.461504 |
| 2019-03-19 | 1.790 | 0.451109 |
| 2018-12-27 | 2.050 | 0.321065 |
| 2018-09-25 | 0.710 | 0.227929 |
| 2018-03-20 | 0.900 | 0.171103 |
| Attribute | Value |
|---|---|
| All Time High | 133,140.0 |
| All Time Low | 9.57 |
| Ask | 11.62 |
| Ask Size | 76,900 |
| Average Daily Volume10 Day | 2,206,430 |
| Average Daily Volume3 Month | 3,577,603 |
| Average Volume | 3,577,603 |
| Average Volume10Days | 2,206,430 |
| Beta3 Year | -0.07 |
| Bid | 11.41 |
| Bid Size | 62,000 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 11.79 |
| Day Low | 11.17 |
| Dividend Yield | 3.46 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 11.4202 |
| Fifty Day Average Change | -0.0102005005 |
| Fifty Day Average Change Percent | -0.000893198 |
| Fifty Two Week Change Percent | -47.443573 |
| Fifty Two Week High | 23.24 |
| Fifty Two Week High Change | -11.83 |
| Fifty Two Week High Change Percent | -0.5090361 |
| Fifty Two Week Low | 9.57 |
| Fifty Two Week Low Change | 1.8400002 |
| Fifty Two Week Low Change Percent | 0.19226752 |
| Fifty Two Week Range | 9.57 - 23.24 |
| First Trade Date Milliseconds | 1,227,105,000,000 |
| Five Year Average Return | -0.37447348 |
| Full Exchange Name | NYSEArca |
| 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 the fund’s 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 Energy Bear 2X Shares |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_51234368 |
| Nav Price | 11.584 |
| Net Assets | 52,159,288.0 |
| Net Expense Ratio | 0.99 |
| Open | 11.76 |
| Phone | 866-476-7523 |
| Post Market Change | 0.11000061 |
| Post Market Change Percent | 0.964072 |
| Post Market Price | 11.52 |
| Post Market Time | 1,781,308,078 |
| Previous Close | 11.6 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.190001 |
| Regular Market Change Percent | -1.63794 |
| Regular Market Day High | 11.79 |
| Regular Market Day Low | 11.17 |
| Regular Market Day Range | 11.17 - 11.79 |
| Regular Market Open | 11.76 |
| Regular Market Previous Close | 11.6 |
| Regular Market Price | 11.41 |
| Regular Market Time | 1,781,294,400 |
| Regular Market Volume | 2,720,110 |
| Short Name | Direxion Daily Energy Bear 2X E |
| Source Interval | 15 |
| Symbol | ERY |
| Three Year Average Return | -0.255521 |
| Total Assets | 52,159,288 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -4.45922 |
| Trailing Three Month Returns | -4.45922 |
| Triggerable | 1 |
| Two Hundred Day Average | 16.19165 |
| Two Hundred Day Average Change | -4.7816505 |
| Two Hundred Day Average Change Percent | -0.29531583 |
| Type Disp | ETF |
| Volume | 2,720,110 |
| Yield | 0.0346 |
| Ytd Return | -39.53437 |