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DRIP
-0.97 · -10.81%
$8.04 · NYSE ARCA

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP) ETF Analysis | Trading--Inverse Equity

Direxion Funds · United States
AUM:$46.1M
#– of – in Trading--Inverse Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Down 35.6% over the past year, indicating meaningful price weakness.

Cost Efficiency

Ongoing charge of 1.09% — above average for this category.

What is DRIP?

The index measures the performance of the domestic companies included in the integrated oil and gas, oil and gas exploration and production and oil and gas refining and marketing sub-industries as classified by the GICS. The fund invests at least 80% of its 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.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Negative 12-Month Return
DRIP returned -35.6% over the past year, reflecting recent market conditions.
Higher Cost Profile
Expense ratio of 1.09% is above average. Verify whether the strategy justifies the cost.
Concentrated Holdings
Top 10 holdings account for 102.6% of the ETF — significant weight in a small number of names.
ETF Information
AUM$46.1M
Expense Ratio1.09%
Dividend Yield3.55%
Holdings1
Inception DateMay 2015
DomicileUnited States
DistributionNA
Index–
ProviderDirexion Funds
Beta-1.18
CategoryTrading--Inverse Equity
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+504.7%
1Y
+317.5%
3Y
+283.9%
5Y
-53.3%
OpenBook InsightIf you had invested £10,000 in DRIP 5 years ago, it would have fallen to £4,674 — a loss of £5,326.

Annual Returns

Calendar year performance

DRIP delivered positive returns in 2 of the last 5 calendar years.
YearDRIP
2026 YTD+316.2%
2025-11.4%
2024+2.6%
2023-25.7%
2022-70.9%
CAGR 4yr-33.4%
2/5 positive yearsAvg return: +42.2%Worst year: -70.9% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
59.6%
Very High
Momentum
-18.1%
30-day change
Support Level
34.45
Key floor
Key Insights
  • Momentum is downward with a 18.1% move over 30 days.
  • Elevated volatility indicates higher short-term price variability and risk.
  • Monitor key support and resistance levels as part of broader risk assessment.
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