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Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares ETF
DRIP performance and flow charts
Performance
Flows
Historic performance and flows
Data as of April 1, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -18.36% | -48.21% | -50.38% | -56.53% | -62.38% | -95.10% |
| Flows | +$65M | +$87M | +$87M | +$70M | +$63M | +$193M |
Characteristics
The Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares ETF is built to track the S&P Oil & Gas Exploration & Production Select Industry Total Return Index - USD. This ETF provides synthetic exposure - by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap. This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Inverse |
| Provider | Direxion |
| N° of holdings | |
| Replication method | Indirect |
| Asset class | Equity |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | May 28, 2015 |
| ESG | No |
More data and info about DRIP on Trackinsight
DRIP's exposure
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +57.89% | +67.90% | +55.50% | +69.12% |
Max drawdown | -58.47% | -76.08% | -76.08% | -96.74% |
Max drawdown duration | 84d | 358d | 358d | 1807d |
Time to recover | N/A | N/A | N/A | N/A |
Replication quality
Data as of April 3, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is DRIP?
DRIP is a Passive ETF that provides exposure to Equity assets. It is managed by Direxion.
What index does DRIP track?
DRIP tracks the S&P Oil & Gas Exploration & Production Select Industry Total Return Index - USD, aiming to replicate its performance through unfunded swap.
What does DRIP invest in?
This ETF provides inverse exposure (-2x) to Equally Weighted US Oil & Gas Exploration & Production Equities. It is part of the segment: Inverse Equity.
What is the expense ratio of DRIP?
The total expense ratio (TER) of DRIP is 1.04%, representing the annual fee charged by the fund manager.
When was DRIP launched?
DRIP was launched on May 28, 2015, marking its entry into the ETF market.
Who is the issuer of DRIP?
DRIP is issued by Direxion.
What is the AUM of DRIP?
As of April 1, 2026, DRIP manages $95.29 M, reflecting the total assets held in the fund.
How has DRIP performed recently?
As of April 1, 2026, DRIP delivered a return of -18.36% over the past month (1M performance), -48.21% over the past three months (3M), and -50.38% year-to-date (YTD).
What are the recent fund flows for DRIP?
As of April 1, 2026, DRIP has seen net flows of +$65M in the past month (1M flow) and +$87M year-to-date (YTD).
Does DRIP pay dividends?
As of April 1, 2026, DRIP has a trailing 12-month distribution yield of 3.94%.
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