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ERY - Direxion Daily Energy Bear 2X Shares

Expense Ratio: 1.08%

ERY ETF Stock Chart

ERY Profile

Direxion Daily Energy Bear 2X Shares logo

ERY is an exchange-traded fund (ETF) managed by Direxion Investments that seeks to provide the inverse daily performance of the Energy Select Sector Index. The ETF is designed to provide -200% of the daily return of the index, making it a leveraged ETF that is intended for short-term trading.

The Energy Select Sector Index is a market-cap weighted index of companies in the energy sector of the S&P 500. The index includes companies engaged in the exploration, production, and distribution of oil, gas, and other energy resources.

Investing in ERY is not suitable for all investors and carries a high level of risk, as the ETF is designed for short-term trading and may experience significant losses during prolonged market downturns. Traders who use ERY should be experienced and closely monitor their positions. It is important to note that leveraged ETFs such as ERY are designed to be held for short periods and are not intended as long-term i


 

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