A leveraged ETF from Direxion, GUSH offers a sophisticated investor a tool to extract a higher return for the same amount of capital from the Exploration & Production sub-index.
Similarly What stocks make up GUSH ETF? Top 10 Holdings
| Company | Symbol | Total Net Assets |
|---|---|---|
| Financial Square Treasury Instruments Fund FST Shares | FTIXX | 12.07% |
| Occidental Petroleum Corp. | OXY | 1.53% |
| Marathon Oil Corp. | MRO | 1.50% |
| Devon Energy Corp. | DVN | 1.48% |
What is GUSH investment? The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull (GUSH) and Bear (DRIP) 2X Shares seek daily investment results, before fees and expenses, of 200%, or 200% of the inverse (or opposite), of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index.
Additionally, What stocks make up XOP?
Top 25 Holdings
| Company | Symbol | Total Net Assets |
|---|---|---|
| Valero Energy Corp. | VLO | 2.32% |
| Phillips 66 | PSX | 2.28% |
| Coterra Energy Inc. | CTRA | 2.19% |
| EQT Corp. | EQT | 2.18% |
Does GUSH pay dividends?
GUSH Dividend Yield: 0.00% for April 8, 2022.
Did GUSH do a reverse stock split? Massive Reverse Splits Announced
On Tuesday, Direxion announced a 1-for-40 reverse split for GUSH, as well as a 1-for-10 split for the more broadly based Direxion Daily Energy Bull 3x Shares (ERX), and a whopping 1-for-100 split for GASL.
What does 2X shares mean in stocks? Leveraged 2X ETFs are funds that track a wide variety of asset classes, such as stocks, bonds or commodity futures, and apply leverage in order to gain two times the daily or monthly return of the underlying index. They come in two varieties, long and short.
What is the difference between XOP and XLE? XLE and XOP are both SPDR ETF offerings that track the oil and gas industry. Many of the stocks in each fund are the same, however, the allocations vary significantly. The primary difference between the funds is that XLE is designed to follow energy stocks within the S&P 500, while XOP tracks a broader basket.
Why was GUSH stock so high in 2015?
The Gains Keep Coming for GUSH
GUSH is up over 100% in the last few months thanks to its added dose of leverage. The ETF seeks daily investment results of 200% of the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index.
When did GUSH change to 2X? Leveraged and inverse ETFs
| Direxion Daily | Bull 2X Shares | Bull 3X Shares |
|---|---|---|
| Ticker | Comments | |
| S&P Oil & Gas Exp. & Prod | GUSH | Became 2X in May 2020 |
| Natural Gas Related | Liquidated Apr. 2020 | |
| Agribusiness | Liquidated Sep. 2012 |
What is drip ETF?
DRIP Fund Description
DRIP provides 2x inverse daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US.
What is 2X and 3X stock? Enhanced ETFs—also known as 2X or 3X, « bull » or « ultra » ETFs—are designed to return double or triple the return on an underlying financial index or asset, such as the S&P 500, the price of gold, or some other asset.
What are bull x2 shares?
The $700 million AUM Direxion Daily Energy Bull 2X (ERX), is a leveraged ETF that aims to reproduce 200% of the daily returns of the S&P Energy Select Sector Index. 1 In other words, for every 1% gain in the underlying index, ERX attempts to produce a corresponding 2% gain.
What does 3X mean in investing?
An ETF that is leveraged 3x seeks to return three times the return of the index or other benchmark that it tracks. A 3x S&P 500 index ETF, for instance, would return +3% if the S&P rose by 1%.
Which is better XLE or VDE? The table below compares many ETF metrics between VDE and XLE. Compare fees, performance, dividend yield, holdings, technical indicators, and many other metrics to make a better investment decision.
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Performance.
| VDE | XLE | |
|---|---|---|
| 50 Day Volatility | 29.30% | 29.41% |
| 200 Day Volatility | 29.11% | 28.52% |
| Standard Deviation | 13.20% | 9.60% |
What are XLE Holdings? Top 22 Holdings
| Company | Symbol | Total Net Assets |
|---|---|---|
| Chevron Corp. | CVX | 20.57% |
| EOG Resources Inc. | EOG | 4.98% |
| ConocoPhillips | COP | 4.65% |
| Schlumberger Ltd. | SLB | 4.51% |
How do direxion funds work?
Direxion rebalances exposure daily by buying or selling swaps to ensure that each fund tracks as closely as possible to 300% or 200% for a Bull Fund, or 300%, 200% or 100% of the inverse for a Bear Fund, of the benchmark index’s daily performance.
Is direxion going out of business? NEW YORK—February 28, 2022— Due to the increased market volatility, and restrictions on Russian securities resulting from sanctions and other measures imposed on Russia by the United States and other countries in response to its invasion of Ukraine, the Board of Trustees (the “Board”) of the Direxion Shares ETF Trust …
How does GUSH ETF work?
GUSH is a leveraged ETF that gives investors a chance to earn twice as much return on their long position in the exploration and production industry. As suggested by its name, GUSH uses borrowed capital to maintain a $2 exposure for every $1 in the index.
How do I invest in DRIPs? Many brokerages facilitate DRIP investing. Simply choose your dividend stocks or funds, opt into your brokerage’s DRIP and then, when you receive a payout in your brokerage account, your brokerage will automatically reinvest in new shares.