Latest evidence-based view

ERX · BUY

ERX (Direxion Daily Energy Bull 2X) multiplies daily moves, making the compounding path more important than a long-range forecast. One-month (+21.15%) and three-month (+23.93%) returns both align with BUY.

SELLOriginal source alertBUYEvidence-reviewed stance240Alert timeframe

ERX currently supports a buy stance.

One-month (+21.15%) and three-month (+23.93%) returns both align with BUY.

The opposing case is clear: Choppy markets can erode value even when the broad direction is right. The 0.91% annual expense ratio is deducted throughout ownership. The stance remains tied to the observed price trend.

Use staged sizing and reassess when the one- and three-month trends no longer support this stance.

Market evidence

110.62Reference price

21.151-month return

23.933-month return

98.281-year return

97.652-week range position

2026-09-03T13:30:00+00:00Market data as of

Instrument profile

Direxion Daily Energy Bull 2X ETF

DescriptionDirexion Daily Energy Bull 2X ETFSecurity TypefundSecurity SubtypeetfSectorMiscellaneousIndustryInvestment Trusts/Mutual FundsBeta 1Y-1.58Expense Ratio Percent0.91Nav112.142

Referenced public sources

No article citation was required for this evidence review.