ERX Performance — Direxion Daily Energy Bull 2X Shares
Data updated: 2026-09-28
ERX returned +70.89% year to date and +79.30% over one year to Jul 2026. Annualised returns are +17.04% over 3 years and +35.53% over 5 years. The fund beat its Trading - Leveraged category average: $100 invested three years ago grew to $160, against $136 for the category, and to $179 over one year, against $105. Volatility over the past three years was 40.61% a year. In the 12 months to Jul 2026 the fund lost a net $136.6M, and assets reached $233.49M.
ERX Growth of $100
What $100 invested in Direxion Daily Energy Bull 2X Shares grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | ERX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $179 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $160 | $136 |
| 5 years (Aug 2021 – Jul 2026) | $457 | $130 |
| Since data start (Aug 2019 – Jul 2026) | $60 | $147 |
ERX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +70.89% |
| 1 year | +79.30% |
| 3 years (annualised) | +17.04% |
| 5 years (annualised) | +35.53% |
ERX Annual Returns
Calendar-year total returns of Direxion Daily Energy Bull 2X Shares, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +70.89% |
| 2025 | +2.41% |
| 2024 | +0.84% |
| 2023 | −12.31% |
| 2022 | +131.03% |
| 2021 | +111.40% |
| 2020 | −91.60% |
| 2019 (Aug–Dec) | −5.91% |
ERX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +28.9% | +19.2% | +20.7% | −6.2% | −11.8% | −10.3% | +24.3% | — | — | — | — | — |
| 2025 | +4.0% | +6.8% | +6.1% | −28.4% | +2.0% | +8.1% | +4.9% | +6.6% | −1.3% | −3.5% | +4.7% | −1.4% |
| 2024 | −1.9% | +5.7% | +21.4% | −2.5% | −1.7% | −3.4% | +3.7% | −5.2% | −6.6% | +0.9% | +15.1% | −18.8% |
| 2023 | +4.4% | −14.1% | −1.5% | +4.7% | −20.0% | +13.2% | +15.3% | +2.5% | +4.0% | −12.1% | −2.4% | −0.7% |
| 2022 | +40.0% | +14.1% | +17.9% | −3.9% | +31.7% | −32.6% | +18.4% | +4.1% | −19.6% | +53.9% | +1.5% | −7.1% |
| 2021 | +6.3% | +48.4% | +4.5% | +0.6% | +11.1% | +7.8% | −16.8% | −4.6% | +17.6% | +21.0% | −10.7% | +5.6% |
| 2020 | −30.7% | −39.7% | −86.8% | +63.8% | +1.8% | −5.5% | −10.9% | −2.7% | −27.9% | −9.6% | +58.3% | +8.0% |
| 2019 | — | — | — | — | — | — | — | −24.7% | +10.6% | −7.9% | +3.5% | +18.5% |
ERX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 40.61%
- 3-year Sharpe ratio: 0.31 (vs 4.5% risk-free rate)
- Best month: +28.89% (Jan 2026)
- Worst month: −28.41% (Apr 2025)
ERX Fund Flows
Monthly money in and out of Direxion Daily Energy Bull 2X Shares, from SEC Form N-PORT.
- 12-month net flow: −$136.6M
- 12-month gross sales (incl. reinvestments): $82.8M
- Sales ÷ redemptions: 0.38×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $0 | $25.6M | −$25.6M |
| Jun 2026 | $4.4M | $12.8M | −$8.4M |
| May 2026 | $9.1M | $9.9M | −$753K |
| Apr 2026 | $5.0M | $46.3M | −$41.4M |
| Mar 2026 | $14.8M | $45.5M | −$30.7M |
| Feb 2026 | $12.5M | $19.3M | −$6.8M |
| Jan 2026 | $13.0M | $13.0M | $64K |
| Dec 2025 | $0 | $5.4M | −$5.4M |
| Nov 2025 | $2.7M | $14.1M | −$11.3M |
| Oct 2025 | $7.9M | $5.5M | $2.4M |
| Sep 2025 | $5.6M | $8.5M | −$2.8M |
| Aug 2025 | $7.7M | $13.5M | −$5.7M |
ERX Assets Under Management
Net assets of Direxion Daily Energy Bull 2X Shares by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $233.49M |
| 2026-04-30 | $277.04M |
| 2026-01-31 | $271.22M |
| 2025-10-31 | $221.04M |
| 2025-07-31 | $224.45M |
| 2025-04-30 | $189.46M |
| 2025-01-31 | $258.23M |
| 2024-10-31 | $312.20M |
| 2024-07-31 | $355.09M |
| 2024-04-30 | $376.90M |
| 2024-01-31 | $356.18M |
| 2023-10-31 | $368.05M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.