Direxion Daily Energy Bull 2X ETF (ERX) ETF Ticker
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About Direxion Daily Energy Bull 2X ETF
The Direxion Daily Energy Bull and Bear 2X ETFs are structured to provide daily investment returns that correspond to twice (200%) the performance of the Energy Select Sector Index, before accounting for fees and other expenses. Specifically, the "Bull" version aims for double the index's positive daily movement, while the "Bear" counterpart targets two times the index's inverse (opposite) daily performance. It's crucial to understand, however, that there is no guarantee these funds will consistently achieve their stated investment objectives.
ERX etf facts
| Ticker symbol | ERX |
| Exchange | New York Stock Exchange Arca |
| Sector | Financial Services |
| Industry | Asset Management - Leveraged |
| Market cap | $237.1M |
| Headquarters | New York City, NY, US |
| IPO date | 2008-11-06 |
| Website | www.direxion.com/product/daily-energy-bull-bear-2x-etfs |
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What is the ticker symbol for Direxion Daily Energy Bull 2X ETF?
The ticker symbol for Direxion Daily Energy Bull 2X ETF is ERX, listed on the New York Stock Exchange Arca.
What is ERX?
The Direxion Daily Energy Bull and Bear 2X ETFs are structured to provide daily investment returns that correspond to twice (200%) the performance of the Energy Select Sector Index, before accounting for fees and other expenses. Specifically, the "Bull" version aims for double the index's positive daily movement, while the "Bear" counterpart targets two times the index's inverse (opposite) daily…