DRIP – Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP) is a Trading--Inverse Equity ETF, issued by Direxion Funds, $123M in assets, 1.10% expense ratio.
Returns as of Oct 23, 2026: 1 week -1.4%, 1 year -65.2%.
Measures performance of domestic integrated oil and gas, exploration, production, refining, and marketing companies. Provides 2X daily inverse exposure to index.
Top holdings
- DAPXX – Dreyfus Government Securities Cash Management Administrative Shares, 98.3%