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 US25460G6585
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 1 December 2020
Asset Under Management 76.24 Million (USD)
1 Month Total Return -52.56 %
Year To Date Return -26.80 %
1 Year Total Return -56.41 %
3 Year Annualized Total Return -18.02 %
NAV 33.9414
Share Outstanding 2,246,200
Top 10 Holdings (1 December 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
S&P OIL & GAS EXPLOR AND PROD SELECT INDEX SWAP SPSIOPML SWAP 0.9649651647
S&P OIL & GAS EXPLOR AND PROD SELECT INDEX SWAP SPSIOPU SWAP 0.5677948481
S&P Oil & Gas Exploration & Prod SelInd Index SWAP SPSIOPJP SWAP 0.5600980129
S&P OIL & GAS EXPLOR AND PROD SELECT INDEX SWAP SPSIOP SWAP 0.2735782159
BANK OF NEW YORK CASH RESERVE MMKT -0.7213216804
DREYFUS GOVT CASH MGMT MMKT -0.2506796277
GOLDMAN FINL SQ TRSRY INST 506 MMKT -0.1061429613
DREYFUS GOVT CASH MGMT MMKT -0.0827228033
GOLDMAN FINL SQ TRSRY INS MMKT -0.0771651960
DREYFUS GOVT CASH MGMT MMKT -0.0628630260