Summary
Direxion Daily Energy Bull 2X ETF is an ETF - a fund traded on an exchange like a stock - run by Direxion. Positions inside: 28. The ten largest make up 197% of the fund.
- Yearly costs
- 0.91%
- Fund size
- $310.8M
- Positions
- 28
- Dividend yield
- 1.29%
- Running since
- 2008
What speaks for it
- Easy to buy and sell: about $31.0M changes hands a day.
- It has been running since 2008.
What to watch
- The ten largest positions make up 197% of the fund, so its result rests on a few names.
- 100% of the fund is in one sector (Energy).
- 100% of the fund is in one country (United States).
- Costs of 0.91% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 47% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +11%
- 3 months
- +28%
- This year
- +109%
- 1 year
- +119%
- 3 years
- +92%
- 5 years
- +268%
- 10 years
- -60%
- Avg. market cap
- $325.3B
- P/E
- 15.4x
- Forward P/E
- 11.9x
- P/S
- 1.7x
- P/B
- 2.5x
- P/FCF
- 13.2x
- EV/EBITDA
- 8.0x
- Dividend yield
- 2.39%
- ROIC
- 11.1%
- ROE
- 21.6%
- Gross margin
- 35.6%
- Operating margin
- 18.9%
- Net margin
- 13.7%
- Payout ratio
- 36.9%
- Net debt/EBITDA
- 1.0x
- Beta
- -0.03
Weighted average of the 21 largest companies, which make up 69% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 IXE SWAP ASSET LEG (IXEJPL) 31%
- 2 IXE SWAP ASSET LEG (IXEUBL) 29%
- 3 IXE SWAP ASSET LEG (IXEBCL) 27%
- 4 IXE SWAP ASSET LEG (IXEMLL) 26%
- 5 DREYFUS GOVT CASH MAN INS 24%
- 6 IXE SWAP ASSET LEG (IXEBPL) 18%
- 7 XOExxon Mobil XOM 17%
- 8 CVChevron CVX 13%
- 9 GOLDMAN FINL SQ TRSRY INST 506 7.3%
- 10 COConocoPhillips COP 5.0%
Positions in the fund: 28. The ten largest make up 197% of it.
Composition as of Oct 31, 2026.
Where is it spread?
One sector dominatesBy sector
- Energy 100%
By country
- United States 100%
By company size
- Mega cap 43%
- Large cap 57%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 69% of the fund.
Largest sector: Energy (100%). Largest country: United States (100%). Largest size group: Large cap (57%).
What does it cost me?
Expensive- A year from $10,000
- $91.00
- Over 20 years
- $4,239
From every $10,000 invested the fund takes $91.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,239.
How has it done?
Losing value- A year on average, 10 years
- -8.8%
- Deepest drop
- -47%
- Yearly volatility
- 45%
Average yearly decline over the last ten years: 8.8%. Deepest drop in these years: 47% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.29%
- Payments a year
- 4
- Last payment
- $0.37
Over the last 12 months it paid $1.39 per share, which is 1.29% of today's price. The last payment was $0.37 on Sep 22, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $31.0M
- Shares a day
- 287K
On an average day about $31.0M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 15.4
- Average Bulios Score
- 68 out of 100
Weight by Bulios Fair Price
- Undervalued 21%
- Fairly valued 3.6%
- Overvalued 76%
On average the companies inside trade for 15.4 times their yearly profit. By Fair Price, 76% of the rated weight comes out as overvalued.
Counted from its largest companies (21), which make up 69% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
XL XLE Energy Select Sector SPDR Fund | United States | 0.08% | $46.1B | +53% | Pays out | 69% |
IY IYE iShares U.S. Energy ETF | United States | 0.37% | $1.85B | +52% | Pays out | 69% |
QD QDVF.DE iShares S&P 500 Energy Sector UCITS ETF | Ireland | 0.15% | $1.14B | +62% | Reinvests | 69% |
VE VENAX Vanguard Energy Index Fund Admiral Shares· mutual fund | United States | 0.09% | $12.9B | +51% | Pays out | 68% |
VD VDE Vanguard Energy Index Fund | United States | 0.09% | $12.9B | +51% | Pays out | 68% |
WE WEEI Westwood Salient Enhanced Energy Income ETF | United States | 0.85% | $24.3M | +24% | Pays out | 68% |
