Summary
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF is an ETF - a fund traded on an exchange like a stock - run by Direxion. Positions inside: 60. The ten largest make up 155% of the fund.
- Yearly costs
- 0.94%
- Fund size
- $224.0M
- Positions
- 60
- Dividend yield
- 0.96%
- Running since
- 2015
What speaks for it
- Easy to buy and sell: about $36.7M changes hands a day.
- It has been running since 2015.
What to watch
- The ten largest positions make up 155% of the fund, so its result rests on a few names.
- 96% of the fund is in one sector (Energy).
- 104% of the fund is in one country (United States).
- Costs of 0.94% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 75% 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
- +9.6%
- 3 months
- +35%
- This year
- +129%
- 1 year
- +135%
- 3 years
- +21%
- 5 years
- +80%
- 10 years
- -99%
- Avg. market cap
- $64.2B
- P/E
- 12.2x
- Forward P/E
- 8.5x
- P/S
- 0.9x
- P/B
- 1.8x
- P/FCF
- 10.4x
- EV/EBITDA
- 6.5x
- Dividend yield
- 1.91%
- ROIC
- 10.8%
- ROE
- 17.2%
- Gross margin
- 41.7%
- Operating margin
- 17.1%
- Net margin
- 4.9%
- Payout ratio
- 23.2%
- Net debt/EBITDA
- 3.3x
- Beta
- 0.01
Weighted average of the 50 largest companies, which make up 76% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 SPSIOP SWAP ASSET LEG (SPSIOPGSL) 37%
- 2 SPSIOP SWAP ASSET LEG (SPSIOPCTL) 30%
- 3 SPSIOP SWAP ASSET LEG (SPSIOPJPL) 27%
- 4 SPSIOP SWAP ASSET LEG (SPSIOPMLL) 19%
- 5 DREYFUS GOVT CASH MAN INS 16%
- 6 SPSIOP SWAP ASSET LEG (SPSIOPUBL) 10%
- 7 GOLDMAN FINL SQ TRSRY INST 506 9.2%
- 8 MPMarathon Petroleum Corporation MPC 2.4%
- 9 DIHF Sinclair Corporation DINO 2.3%
- 10 VLValero Energy Corporation VLO 2.3%
Positions in the fund: 60. The ten largest make up 155% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Energy 96%
- Basic materials 3.3%
- Technology 0.3%
- Other 0.01%
By country
- United States 104%
By company size
- Mega cap 5.5%
- Large cap 54%
- Mid cap 34%
- Small cap 5.8%
- Micro cap 0.3%
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 76% of the fund.
Largest sector: Energy (96%). Largest country: United States (104%). Largest size group: Large cap (54%).
What does it cost me?
Expensive- A year from $10,000
- $94.00
- Over 20 years
- $4,368
From every $10,000 invested the fund takes $94.00 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 $4,368.
How has it done?
Losing value- A year on average, 10 years
- -36%
- Deepest drop
- -75%
- Yearly volatility
- 58%
Average yearly decline over the last ten years: 36%. Deepest drop in these years: 75% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.96%
- Payments a year
- 4
- Last payment
- $0.15
Over the last 12 months it paid $0.48 per share, which is 0.96% of today's price. The last payment was $0.15 on Sep 22, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $36.7M
- Shares a day
- 732K
On an average day about $36.7M of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 12.2
- Average Bulios Score
- 63 out of 100
Weight by Bulios Fair Price
- Undervalued 30%
- Fairly valued 11%
- Overvalued 59%
On average the companies inside trade for 12.2 times their yearly profit. By Fair Price, 59% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 76% 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 | ||
|---|---|---|---|---|---|---|
XO XOP SPDR S&P Oil & Gas Exploration & Production ETF | United States | 0.35% | $3.29B | +62% | Pays out | 76% |
PX PXE Invesco Energy Exploration & Production ETF | United States | 0.67% | $97.7M | +62% | Pays out | 56% |
IE IEO iShares U.S. Oil & Gas Exploration & Production ETF | United States | 0.37% | $629.3M | +74% | Pays out | 47% |
FX FXN First Trust Energy AlphaDEX Fund | United States | 0.63% | $386.9M | +58% | Pays out | 44% |
FC FCG First Trust Natural Gas ETF | United States | 0.59% | $684.9M | +43% | Pays out | 44% |
FT FTXN First Trust Nasdaq Oil & Gas ETF | United States | 0.60% | $136.7M | +59% | Pays out | 43% |
