Direxion Daily Energy Bull 2X Shares

ERX

Market cap $221M

Overview Fund Activity

55.05 USD

-0.68

1.22%

At close Updated Sep 12, 4:00 PM EDT

1 day

-1.22%

5 days

1.98%

1 month

8.58%

3 months

3.28%

6 months

-3.88%

Year to date

-3.35%

1 year

-0.72%

5 years

397.74%

10 years

-79.95%

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

69% more call options, than puts

Call options by funds: $10.3M | Put options by funds: $6.06M

20% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 5

3% less funds holding

Funds holding: 37 [Q1] → 36 (-1) [Q2]

4.88% less ownership

Funds ownership: 14.94% [Q1] → 10.06% (-4.88%) [Q2]

21% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 14

43% less capital invested

Capital invested by funds: $40.1M [Q1] → $22.8M (-$17.2M) [Q2]

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Financial journalist opinion

The Case For The ERX ETF Product

Direxion Daily Energy Bull 2X Shares is a leveraged ETF best suited for short-term trading, not long-term investing, due to time decay and amplified volatility. Oil prices have been steady in mid-2025, with strong product demand and supportive U.S. energy policies benefiting oil companies' earnings. XLE, the underlying index for ERX, has outperformed crude oil prices, and ERX magnifies both gains and losses relative to XLE.

The Case For The ERX ETF Product

1 Big Beautiful Bill Could Energize This ETF Trio

President Trump's One Big Beautiful Bill could energize leveraged ETFs that can capitalize on the strength of the oil and gas industry. That is, of course, if they continue exhibiting upside through the rest of the summer.

1 Big Beautiful Bill Could Energize This ETF Trio

Zacks Investment Research

Leveraged Energy ETFs to Tap Oil Price Surge

With crude rallying on the U.S.-Iran conflict, leveraged ETFs like DIG, ERX, GUSH and OILU offer bold plays on short-term energy momentum.

Leveraged Energy ETFs to Tap Oil Price Surge

Trading Energy-Related Assets With ERX

Crude oil prices have been volatile due to geopolitical tensions, U.S. trade policies, and increased production from OPEC+ and the U.S., impacting oil-related stocks. The Direxion Daily Energy Bull 2X Shares ETF offers leveraged exposure to oil-related companies but carries risks like time decay and potential reverse splits. ERX's recent performance has been poor due to declining oil prices, high management fees, and market volatility, but it can outperform if oil prices recover.

Trading Energy-Related Assets With ERX

Zacks Investment Research

Oil Logs Big Weekly Gain in a Year: Leveraged Energy ETFs Surge

Oil price surge raises the appeal for leveraged energy ETFs as these offer huge gains in a very short time frame.

Oil Logs Big Weekly Gain in a Year: Leveraged Energy ETFs Surge

4 ETFs to Mull as Hedge Funds Load Up on Energy

With rate cuts potentially looming in September, hedge funds are loading up on energy sector stocks,. That could give traders opportunities in leveraged ETFs if they want to mirror their bets.

4 ETFs to Mull as Hedge Funds Load Up on Energy

Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally

Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.

Q2 Earnings Season Looms Large in Hopes for Broader Stocks Rally

Rate Cut Hopes Spur Oil & Energy ETFs Higher

The expectation of rate cuts is pushing oil prices higher as U.S. consumer prices fell during the month of June. This could give bullish oil and energy traders more momentum to bet on price increases when the Federal Reserve finally loosens monetary policy.

Rate Cut Hopes Spur Oil & Energy ETFs Higher

This Energy ETF Shows AI Isn't the Only Trade to Consider

AI may have the limelight, but it's not the only trade in town worth considering. Despite the ongoing news surrounding the energy transition to cleaner sources, fossil fuels continue to push higher as seen in rising oil and gas prices.

Zacks Investment Research

Pick Leveraged ETFs to Tap Surging Oil Prices

Investors could tap the bullish trend in the oil price with the help of leveraged ETFs to make quick profits, as these could see huge gains in a very short time frame compared to simple products.

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