GUSH
NAV (Net Asset Value)$26.36As of Sep 12, 2024
1 Day NAV change$+0.18(+0.69%)As of Sep 12, 2024
DRIP
NAV (Net Asset Value)$12.47As of Sep 12, 2024
1 Day NAV change$-0.09(-0.68%)As of Sep 12, 2024
GUSHDirexion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares
Inception Date
May 28, 2015
Operational Updates
- 01/23/2024
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Set Up Your ETF Alerts Today - 08/04/2023
Direxion Announces Forward Split of GUSH
Read the Article
Documents & Downloads
- GUSH DRIP Fact Sheet (pdf)
- Direxion ETFs List (pdf)
- GUSH Prospectus
- DRIP Prospectus
- Daily Fund Holdings (csv)
These leveraged ETFs seek a return that is 200% or -200% of the return of their benchmark indexfor a single day.The funds should not be expected to provide two times or negative two times the return of the benchmark’s cumulative return for periods greater than a day.
Pricing & Performance
NAV and Market Price information as of 09/12/2024.
GUSH
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
Net Asset Value (NAV)
$26.36Nav
$+0.18Change
+0.69%Change
Market Price Closing
$26.35Market
$+0.18Change
+0.69%Change
Premium / Discount
$-0.01Change from Last Day Trading
Premium/Discount tool
DRIP
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares
Net Asset Value (NAV)
$12.47Nav
$-0.09Change
-0.68%Change
Market Price Closing
$12.47Market
$-0.07Change
-0.56%Change
Premium / Discount
—Change from Last Day Trading
Premium/Discount tool
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1M | 3M | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Expense Ratio* (Gross / Net%) | Inception Date | |
---|---|---|---|---|---|---|---|---|---|---|
GUSH NAV | 1M -10.44 | 3M -17.71 | YTD -1.56 | 1Y -18.11 | 3Y 25.20 | 5Y -36.09 | 10Y — | Since -49.66 | Expense Ratio* 0.97 / 0.97* | Inception 05/28/2015 |
GUSH Market Close | 1M -10.68 | 3M -17.74 | YTD -1.62 | 1Y -18.11 | 3Y 25.19 | 5Y -36.13 | 10Y — | Since -49.66 | Expense Ratio* 0.97 / 0.97* | Inception 05/28/2015 |
DRIP NAV | 1M 9.01 | 3M 17.30 | YTD -4.78 | 1Y 7.96 | 3Y -49.63 | 5Y -57.92 | 10Y — | Since -42.99 | Expense Ratio* 1.12 / 1.09* | Inception 05/28/2015 |
DRIP Market Close | 1M 9.23 | 3M 17.54 | YTD -4.60 | 1Y 8.01 | 3Y -49.62 | 5Y -57.91 | 10Y — | Since -42.98 | Expense Ratio* 1.12 / 1.09* | Inception 05/28/2015 |
As of August 31, 2024
The Primary Listing Exchange is the NYSE Arca, Inc.
*The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.92% for GUSH and 0.95% for DRIP. The Funds’ adviser, Rafferty Asset Management, LLC (“Rafferty”), has entered into an Operating Expense Limitation Agreement with each Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse a Fund for Other Expenses through September 1, 2025, to the extent that a Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.
The performance shown prior to April 1, 2020, reflects the Funds’ previous daily leveraged investment objectives, before fees and expenses, of 300% or -300%, of the performance of the Index.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the funds’ website at direxion.com.
Short-term performance, in particular, is not a good indication of a fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.
Index Information
The S&P Oil & Gas Exploration & Production Select Industry Index (SPSIOPTR) is provided by Standard & Poor’s Index Provider and includes domestic companies from the oil and gas exploration and production sub-industry. The Index is a modified equal-weighted index that is designed to measure the performance of a sub-industry or group of sub-industries determined based on the Global Industry Classification Standards (GICS). One cannot invest directly in an index.
Index Top Ten Holdings
% of Total | |
---|---|
Diamondback Energy Shares | 3.00 % |
Permian Res Corporation | 2.99 % |
Matador Resources | 2.97 % |
Civitas Resources | 2.97 % |
Eog Resources | 2.97 % |
Apa Corporation | 2.95 % |
Exxon | 2.94 % |
Occidental Petroleum Corporation | 2.94 % |
Marathon Oil | 2.93 % |
Conocophillips | 2.92 % |
Index Sector Weightings
% of Total | |
---|---|
Oil & Gas Exploration & Production | 73.34 % |
Oil & Gas Refining & Marketing | 17.92 % |
Integrated Oil & Gas | 8.74 % |
Index data as of 06/30/2024. Index sector weightings and top holdings are subject to change.
View Daily Fund Holdings
Distributions
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain | Expand |
---|---|---|---|---|---|---|
06/25/2024 | 06/25/2024 | 07/02/2024 | 0.21950 | — | — | |
03/20/2024 | 03/19/2024 | 03/26/2024 | 0.22344 | — | — | |
12/22/2023 | 12/21/2023 | 12/29/2023 | 0.20696 | — | — | |
09/20/2023 | 09/19/2023 | 09/26/2023 | 0.25822 | — | — | |
Record Date06/25/2024 Ex Date06/25/2024 Pay Date07/02/2024 Income Dividend0.21950 Short-Term Capital Gain— Long-Term Capital Gain— Record Date03/20/2024 Ex Date03/19/2024 Pay Date03/26/2024 Income Dividend0.22344 Short-Term Capital Gain— Long-Term Capital Gain— Record Date12/22/2023 Ex Date12/21/2023 Pay Date12/29/2023 Income Dividend0.20696 Short-Term Capital Gain— Long-Term Capital Gain— Record Date09/20/2023 Ex Date09/19/2023 Pay Date09/26/2023 Income Dividend0.25822 Short-Term Capital Gain— Long-Term Capital Gain— |
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares
Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain | Expand |
---|---|---|---|---|---|---|
06/25/2024 | 06/25/2024 | 07/02/2024 | 0.14267 | — | — | |
03/20/2024 | 03/19/2024 | 03/26/2024 | 0.17698 | — | — | |
12/22/2023 | 12/21/2023 | 12/29/2023 | 0.08906 | — | — | |
09/20/2023 | 09/19/2023 | 09/26/2023 | 0.09266 | — | — | |
Record Date06/25/2024 Ex Date06/25/2024 Pay Date07/02/2024 Income Dividend0.14267 Short-Term Capital Gain— Long-Term Capital Gain— Record Date03/20/2024 Ex Date03/19/2024 Pay Date03/26/2024 Income Dividend0.17698 Short-Term Capital Gain— Long-Term Capital Gain— Record Date12/22/2023 Ex Date12/21/2023 Pay Date12/29/2023 Income Dividend0.08906 Short-Term Capital Gain— Long-Term Capital Gain— Record Date09/20/2023 Ex Date09/19/2023 Pay Date09/26/2023 Income Dividend0.09266 Short-Term Capital Gain— Long-Term Capital Gain— |
Strategy & Benefits
You know that TRADING is different than investing. But the opportunity to take advantage of short-term trends is only won, if you get the direction right.
Whether you’re a bull or a bear, Direxion is with you. Our leveraged ETFs are powerful tools built to help you:
- Magnify your short-term perspective with daily 2X leverage
- Go where there’s opportunity, with bull and bear funds for both sides of the trade; and
- Stay agile – with liquidity to trade through rapidly changing markets
Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.
Documents
Fund Documents
- GUSH DRIP Fact Sheet (pdf)
- Direxion ETFs List (pdf)
- GUSH Prospectus
- DRIP Prospectus
- Daily Fund Holdings (csv)
Tax Documents
Download the following Tax Reporting Documents
- Ordinary Income from U.S. Government Obligations (GUSH 2016)
How to Trade
ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.
We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.
Please note, your advisor or broker may charge commissions or other transaction fees. If you have any questions specific to Direxion products, please contact us direct at[emailprotected]or866-476-7523.