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DRIP ETF

Profile

Name:

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares

Assets under management:

$47 M

Expense ratio:

1.09%

Inception date:

29 May 2015

Website:

-

Last ex-dividend date:

24 September 2024

Next ex-dividend date:

N/A

Description:

A DRIP ETF, or Dividend Reinvestment Plan Exchange-Traded Fund, automatically reinvests dividends earned from its holdings back into the fund. This allows investors to grow their investment over time without needing to manually reinvest, making it a convenient option for long-term wealth building.
Name
Weight
DREYFUS GOVT CASH MAN INS
21.24 %
GOLDMAN FINL SQ TRSRY INST 506
10.18 %
S&P O&G Exp Prod Sel Ind Index SWAP
8.76 %
S&P OIL & GAS EXPLOR AND PROD SELECT INDEX SWAP
7.95 %
DREYFUS TRSRY SECURITIES CASH MGMT
1.70 %
SecurityDescription(StockTicker)
0.00 %

Holding types

Countries

Sectors

No data

Analyst ratings

Market Data

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4 ETFs to Mull as Hedge Funds Load Up on Energy
4 ETFs to Mull as Hedge Funds Load Up on Energy
4 ETFs to Mull as Hedge Funds Load Up on Energy
DRIP
etftrends.com22 August 2024

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.

Rate Cut Hopes Spur Oil & Energy ETFs Higher
Rate Cut Hopes Spur Oil & Energy ETFs Higher
Rate Cut Hopes Spur Oil & Energy ETFs Higher
DRIP
etftrends.com15 July 2024

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.

Falling Gas Prices Could Provide Upside for This Inverse ETF
Falling Gas Prices Could Provide Upside for This Inverse ETF
Falling Gas Prices Could Provide Upside for This Inverse ETF
DRIP
ETF Trends18 December 2023

Falling gas prices should open opportunities for traders to place bearish bets on oil prices. If so, then bears can take a look at the Direxion Daily S&P Oil & Gas Exp.

Inverse Energy ETFs Rise Amid Steep Decline in Oil
Inverse Energy ETFs Rise Amid Steep Decline in Oil
Inverse Energy ETFs Rise Amid Steep Decline in Oil
DRIP
Zacks Investment Research08 December 2023

Oil prices are on their longest weekly losing streak since 2018, leading to a surge in inverse or inverse-leveraged energy ETFs.

2 Leveraged ETFs to Watch for the Holiday Season
2 Leveraged ETFs to Watch for the Holiday Season
2 Leveraged ETFs to Watch for the Holiday Season
DRIP
ETF Trends27 November 2023

Many Americans are prepping for the holiday season. Traders are also prepping their watch lists for potential opportunities in the market.

Oil Prices Volatility Should Give Traders Plenty of Opportunities
Oil Prices Volatility Should Give Traders Plenty of Opportunities
Oil Prices Volatility Should Give Traders Plenty of Opportunities
DRIP
ETF Trends17 November 2023

For traders, one of the perks of trading oil prices is the push-pull of supply and demand forces. Those force open opportunities to play the volatility.

Energy Performs Well in Q3, But Pullback Benefits Bears
Energy Performs Well in Q3, But Pullback Benefits Bears
Energy Performs Well in Q3, But Pullback Benefits Bears
DRIP
ETF Trends10 October 2023

The third quarter saw the energy sector surge, outpacing the majority of the S&P 500 while also benefiting energy bulls. However, a more recent pullback could offer opportunities for bears.

2 ETFs to Play the Ebb and Flow of Oil Prices
2 ETFs to Play the Ebb and Flow of Oil Prices
2 ETFs to Play the Ebb and Flow of Oil Prices
DRIP
ETF Trends29 September 2023

In the shadow of a big tech market rally lurks oil prices, which have been rallying as equities take a breather in August and September. However, push and pull forces could make for a bumpy ride for prices, giving traders opportunities to take advantage of leveraged exchange-traded funds (ETFs).

The Effect Of Technical Analysis On ETF Investing
The Effect Of Technical Analysis On ETF Investing
The Effect Of Technical Analysis On ETF Investing
DRIP
Seeking Alpha10 August 2023

I explain the methodology for choosing which ETFs to invest in, using a combination of technical and fundamental analysis to identify the best sectors and trends. I suggest that ETFs are not less than stocks but are used to diversify the portfolio and can be used as a good alternative investment to stocks. I conclude that investing in ETFs is an excellent method of investing exclusively or in tandem with a stock portfolio, and using technical analysis when monitoring the entire portfolio is worthwhile for all investors.

A Recession Could Push This Leveraged Oil and Gas ETF Higher
A Recession Could Push This Leveraged Oil and Gas ETF Higher
A Recession Could Push This Leveraged Oil and Gas ETF Higher
DRIP
ETF Trends25 April 2023

Recession fears are making their way into the oil and gas markets, which could mean that tamped-down demand for these commodities could set up profitable opportunities for inverse exchange traded funds (ETFs). Reuters reported that recession fears could “dent fuel demand” after a rise in U.S. gasoline inventories.

FAQ

  • What is DRIP ETF?
  • Does DRIP pay dividends?
  • What stocks are in DRIP ETF?
  • What is the current assets under management for DRIP?
  • What is DRIP average volume?
  • What is DRIP expense ratio?
  • What is DRIP inception date?

What is DRIP ETF?

A DRIP ETF, or Dividend Reinvestment Plan Exchange-Traded Fund, automatically reinvests dividends earned from its holdings back into the fund. This allows investors to grow their investment over time without needing to manually reinvest, making it a convenient option for long-term wealth building.

Does DRIP pay dividends?

Yes, the Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares does pays dividends, with the most recent payment being $0.12 per share. The last ex-dividend date was on 24 September 2024, and the next ex-dividend date has not been announced yet

What stocks are in DRIP ETF?

As of today, Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares inlcudes 6 holdings with the most weighted are DREYFUS GOVT CASH MAN INS (21.24%), GOLDMAN FINL SQ TRSRY INST 506 (10.18%) and S&P O&G Exp Prod Sel Ind Index SWAP (8.76%)

What is the current assets under management for DRIP?

Assets under management of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares is $47 M

What is DRIP average volume?

Average volume of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares is $2 M

What is DRIP expense ratio?

Expense ratio of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares is 1.09%

What is DRIP inception date?

Inception date of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares is 29 May 2015