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Dividend Vision

ERX — Direxion Daily Energy Bull 2X Shares

Direxion Daily Energy Bull 2X Shares (ERX)

ERX pays a 0.95% distribution rate, quarterly, on a 0.91% expense ratio. Its Distribution Safety Score™ is 66 (Generally safe), giving a Safety-Adjusted Yield of 0.63%. Distributions fell 17.9% over the past year. Its deepest 1-year drawdown was 30.0%.

Direxion Daily Energy Bull 2X Shares is an ETF that seeks to deliver twice the daily return of the S&P Energy Index, which tracks domestic oil, gas, energy equipment, and related companies through leveraged financial instruments and derivatives. The fund has a modest current distribution rate with quarterly distributions and carries an expense ratio of 0.91%, reflecting the cost of maintaining its leveraged strategy. This ETF is designed for tactical traders and experienced investors seeking amplified exposure to energy sector price movements, not for buy-and-hold income investors, given its daily reset mechanics and expense structure.

ERX key facts

Distribution Safety Score™
66 · Generally safe
Safety-Adjusted Yield
0.63%
Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
11/06/2008
Expense ratio
0.91%
Distribution rate
0.95%
Distribution frequency
Quarterly
Trailing yield
1.38%
Last close
$101.90
AUM
$246,049,079
Average volume
200300.0
Last dividend
$0.2430
Ex-dividend date
06/23/2026
Payment date
06/30/2026
Beta
-0.14
P/E ratio
21.0175