DRIP

Fund Description
The Fund seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The Index is provided by Standard & Poor s and includes domestic companies from the oil and gas exploration and production sub-industry. As of April 30, 2015, the Index was comprised of 98 stocks. The companies included in the Index have a median market capitalization of $3.89 billion and are concentrated in the energy and oil and gas sectors as of April 30, 2015.
Fund Profile
Fund Name Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares
Fund Exchange Ticker DRIP
Fund Sponsor Direxion Shares
Fund ISIN US25460E1745
Net Expense Ratio 0.95 %
Fund Inception Date 28 May 2015
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Leveraged / Inverse
Asset Class Equities (Stocks)
Index Linked Passive
Index Name S&P Oil & Gas Exploration & Production Select Industry Index
Index Provider S&P DJ Indices
Currency Hedged No
Inverse / Leveraged Inverse (-3x)
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 21 August 2019
Asset Under Management 38.99 Million (USD)
1 Month Total Return 29.51 %
Year To Date Return 9.25 %
1 Year Total Return 174.35 %
3 Year Annualized Total Return -5.47 %
NAV 96.0777
Share Outstanding 405,797
Top 10 Holdings (21 August 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
S&P OIL & GAS EXPLOR AND PROD SELECT INDEX SWAP SPSIOPCT SWAP 1.0697293353
S&P OIL & GAS EXPLOR AND PROD SELECT INDEX SWAP SPSIOPU SWAP 0.4163815195
S&P OIL & GAS EXPLOR AND PROD SELECT INDEX SWAP SPSIOP SWAP 0.2203327529
GOLDMAN FINL SQ TRSRY INST 506 MMKT -0.2364386094
BANK OF NEW YORK CASH RESERVE MMKT -0.2248328539
GOLDMAN FINL SQ TRSRY INS MMKT -0.0955631267
GOLDMAN FINL SQ TRSRY INST 506 MMKT -0.0903252264
GOLDMAN FINL SQ TRSRY INST 506 MMKT -0.0588191123
GOLDMAN FINL SQ TRSRY INS MMKT -0.0004646693
GOLDMAN FINL SQ TRSRY INS MMKT -0.0000000096