GUSH ETF — Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH)

Updated October 16, 2026.

GUSH is an ETF that tracks the S&P Oil & Gas Exp. & Prod.. its distribution rate is 1.18%, its trailing-12-month yield is 0.96%, its expense ratio is 0.94%. Dividend Vision Distribution Safety Score™ is 44/100 (Caution). Total return is -99.7% over the past 11.4 years, 436.5 points behind SPY at 336.8%.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares is an ETF that provides daily leveraged exposure to domestic oil and gas exploration, production, refining, and marketing companies through swap agreements, index securities, and related ETFs. The fund distributes quarterly at a modest current distribution rate, with an expense ratio of 0.94%. It appeals to traders and tactical investors seeking short-term, leveraged plays on the oil and gas sector, though the 2X daily leverage structure means it is not suitable as a buy-and-hold investment.

GUSH performance versus SPY

Price and return data through 2026-10-16.

Total return is -99.7% over the past 11.4 years, 436.5 points behind SPY at 336.8%. Over the past year its total return — price change plus distributions reinvested — is 139.8%. Its deepest 1-year drawdown was 36.2%.

GUSH key facts

Distribution Safety Score™

44 · Caution

Safety-Adjusted Yield

0.52%

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

05/28/2015

Expense ratio

0.94%

Distribution rate

1.18%

Distribution frequency

Quarterly

Trailing yield

0.96%

Last close

$50.12 (as of 2026-10-16)

AUM

$242,921,787

Average volume

492867.0

Dividend

$0.148

Ex-dividend date

09/22/2026

Payment date

09/29/2026

Beta

-0.08

How Dividend Vision calculates yield and returns

Distribution rate (1.18%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.96%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Direxion; Index: S&P Oil & Gas Exp. & Prod.; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GUSH risks and drawbacks

GUSH's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 36.2%.

Who may consider GUSH — and who may not

It is a weaker fit for investors who need monthly cash flow (GUSH pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on GUSH

• All tickers starting with G

Tagged: Leverage.

Frequently asked questions

More securities from Direxion.