Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP)
| Assets | $120.04M |
| Expense Ratio | 1.01% |
| PE Ratio | n/a |
| Shares Out | 26.01M |
| Dividend (ttm) | $0.18 |
| Dividend Yield | 3.87% |
| Ex-Dividend Date | Mar 24, 2026 |
| Payout Ratio | n/a |
| 1-Year Return | -63.67% |
| Volume | 31,482,338 |
| Open | 4.520 |
| Previous Close | 4.650 |
| Day's Range | 4.450 - 4.590 |
| 52-Week Low | 3.770 |
| 52-Week High | 13.330 |
| Beta | -1.24 |
| Holdings | 12 |
| Inception Date | May 28, 2015 |
About DRIP
Fund Home PageThe Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) is an exchange-traded fund that mostly invests in energy equity. The fund provides 2x inverse daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. DRIP was launched on May 28, 2015 and is issued by Direxion.
Top 10 Holdings
105.01% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Govt Cash Man Ins | n/a | 57.02% |
| Goldman Finl Sq Trsry Inst 506 | n/a | 36.76% |
| Dreyfus Trsry Securities Cash Mgmt | n/a | 12.54% |
| S&P Oil & Gas Explor And Prod Select Index Swap | n/a | 1.11% |
| S&P Oil & Gas Explor And Prod Select Index Swap | n/a | 0.52% |
| Cash | n/a | 0.46% |
| Citi Collateral | n/a | -0.00% |
| Baml Collateral | n/a | -0.67% |
| Jpm Collateral | n/a | -1.15% |
| S&P O&G Exp Prod Sel Ind Index Swap | n/a | -1.57% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 24, 2026 | $0.02782 | Mar 31, 2026 |
| Dec 23, 2025 | $0.03134 | Dec 31, 2025 |
| Sep 23, 2025 | $0.06004 | Sep 30, 2025 |
| Jun 24, 2025 | $0.05601 | Jul 1, 2025 |
| Mar 25, 2025 | $0.11115 | Apr 1, 2025 |
| Dec 23, 2024 | $0.03385 | Dec 31, 2024 |
News
Crude Awakening: Soaring Oil Prices Bad for Consumers, Great for Traders
Amid the conflict in Iran, oil prices have skyrocketed, leaving consumers with potential pain at the pump, though it creates an opportunistic environment for savvy traders. Ongoing supply disruptions ...
A Pressured Environment Facilitates A Tactical Backdrop For Direxion's GUSH, DRIP ETFs
While fossil fuels represent a critical component of the broader U.S. energy infrastructure, the sector has encountered significant fluctuations. Last week, oil prices took center stage, with the dome...
Shifting Economic Sands Paint An Intriguing Canvas For Direxion's Oil-Focused GUSH, DRIP ETFs
Based on the common principles of supply and demand, President Donald Trump's decision to end the federal electric vehicle tax credit on Sept. 30 should have represented a boon for the oil industry.
Stunning Trump Victory Could Provide 'Yuge' Showcase For Direxion's GUSH And DRIP ETFs
Former President Donald J. Trump recently addressed his supporters, declaring victory in the contentious 2024 election.
Oil And Gas Stocks Tank With Record Supply Fueling Sector Sell Off: This Inverse ETF (DRIP) Offers A 200% Return - Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (ARCA:DRIP)
Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares DRIP was rising about 4.5% Tuesday after data released by the Bureau of Labor Statistics showed the Consumer Price Index (CPI) eased to an annual...
Looking To Trade The Oil And Gas Sector To The Downside? This 2X Leveraged ETF Formed This Pattern
The Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares DRIP declined about 5% Friday after Russian Deputy Prime Minister Alexander Novak told state-owned news channel Rossiya-24 that Russia could ...
Direxion Announces Reverse Splits of Two ETFs: DRIP & SOXS
NEW YORK, Feb. 18, 2022 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (Tic...
Bearish Energy ETF Could Growl This Month
It's often risky betting against momentum and, for once, the energy sector appears to have some. Just look at the Energy Select Sector SPDR (NYSEARCA: XLE).
Energy And Power: Oil ETFs Provide Hints At The Global Energy Market's Troubles
The good news for oil investors is that the price of a barrel of oil has stabilized around the $35-$40 area, a far cry from the brief foray into negative territory in April. The bad news, well, every...
Oil prices edge up on stimulus support despite ample supplies
Oil prices nudged up on Monday, with Brent futures set to post a fifth straight monthly gain, as global stimulus measures underpin prices even as demand struggles to return to pre-COVID levels in a we...
Oil Bear ETFs Dig Claws in at Chart Support
Here's why energy stocks may come under pressure in the month ahead. Trade a pullback with these three inverse ETFs.
Why It Might Be Time To Consider This Bearish Energy ETF
The energy sector can giveth and taketh away in rapid fashion. For much of this year, it's been the latter, but over the past month the often-volatile S&P Oil & Gas Exploration & Production Select Ind...