Direxion Daily Energy Bull 2X Shares (ERX)
Market Closed
8 Aug, 20:00
ARCA ARCA Primary 
XBER $
51. 05
+0.63
+1.25%
$
225.55M Market Cap
1.66% Div Yield
382,838 Volume
$ 50.42
Previous Close Day Range
50.4 51.98
Year Range
40.6 72.63
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The Case For The ERX ETF Product
Direxion Daily Energy Bull 2X Shares is a leveraged ETF best suited for short-term trading, not long-term investing, due to time decay and amplified volatility. Oil prices have been steady in mid-2025, with strong product demand and supportive U.S. energy policies benefiting oil companies' earnings. XLE, the underlying index for ERX, has outperformed crude oil prices, and ERX magnifies both gains and losses relative to XLE.
Seekingalpha | 3 days ago
1 Big Beautiful Bill Could Energize This ETF Trio
President Trump's One Big Beautiful Bill could energize leveraged ETFs that can capitalize on the strength of the oil and gas industry. That is, of course, if they continue exhibiting upside through the rest of the summer.
Etftrends | 3 weeks ago
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