ERY Performance — Direxion Daily Energy Bear 2X Shares
Data updated: 2026-09-28
ERY returned −47.12% year to date and −50.78% over one year to Jul 2026. Annualised returns are −24.34% over 3 years and −40.83% over 5 years. Against its Trading - Inverse category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $43, against $39 for the category, and to $49 over one year, against $73. Volatility over the past three years was 36.94% a year. In the 12 months to Jul 2026 the fund took in a net $32.7M, and assets reached $38.55M.
ERY Growth of $100
What $100 invested in Direxion Daily Energy Bear 2X Shares grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Inverse category average over the same months.
| Period | ERY | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $49 | $73 |
| 3 years (Aug 2023 – Jul 2026) | $43 | $39 |
| 5 years (Aug 2021 – Jul 2026) | $7 | $35 |
| Since data start (Aug 2019 – Jul 2026) | $3 | $12 |
ERY Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −47.12% |
| 1 year | −50.78% |
| 3 years (annualised) | −24.34% |
| 5 years (annualised) | −40.83% |
ERY Annual Returns
Calendar-year total returns of Direxion Daily Energy Bear 2X Shares, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −47.12% |
| 2025 | −19.10% |
| 2024 | −5.37% |
| 2023 | −0.31% |
| 2022 | −73.64% |
| 2021 | −67.93% |
| 2020 | −11.82% |
| 2019 (Aug–Dec) | −10.48% |
ERY 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 | −23.6% | −17.2% | −17.9% | +4.6% | +11.2% | +10.0% | −20.5% | — | — | — | — | — |
| 2025 | −4.4% | −7.1% | −6.7% | +25.2% | −2.5% | −9.4% | −5.2% | −6.2% | +0.6% | +3.1% | −4.9% | +0.6% |
| 2024 | +1.3% | −5.5% | −17.5% | +2.4% | +1.5% | +3.2% | −3.6% | +4.7% | +6.3% | −1.6% | −13.6% | +22.5% |
| 2023 | −5.7% | +14.4% | −1.2% | −5.6% | +23.0% | −12.4% | −14.0% | −2.5% | −4.4% | +12.3% | +1.9% | +0.3% |
| 2022 | −30.7% | −14.5% | −19.0% | +0.9% | −28.7% | +36.6% | −19.0% | −7.2% | +18.4% | −37.8% | −4.3% | +5.4% |
| 2021 | −10.2% | −35.4% | −8.1% | −3.2% | −12.5% | −10.3% | +16.2% | +1.8% | −18.0% | −19.0% | +8.7% | −7.3% |
| 2020 | +40.2% | +50.5% | +41.7% | −49.3% | −10.4% | −7.0% | +5.9% | +0.3% | +33.1% | +5.2% | −47.2% | −11.1% |
| 2019 | — | — | — | — | — | — | — | +24.6% | −11.9% | +5.0% | −6.4% | −17.1% |
ERY Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 36.94%
- 3-year Sharpe ratio: -0.78 (vs 4.5% risk-free rate)
- Best month: +25.21% (Apr 2025)
- Worst month: −23.57% (Jan 2026)
ERY Fund Flows
Monthly money in and out of Direxion Daily Energy Bear 2X Shares, from SEC Form N-PORT.
- 12-month net flow: $32.7M
- 12-month gross sales (incl. reinvestments): $93.5M
- Sales ÷ redemptions: 1.54×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $3.9M | $5.0M | −$1.1M |
| Jun 2026 | $1.8M | $9.2M | −$7.4M |
| May 2026 | $11.7M | $7.7M | $4.0M |
| Apr 2026 | $22.5M | $22.7M | −$172K |
| Mar 2026 | $29.2M | $1.0M | $28.2M |
| Feb 2026 | $5.0M | $649K | $4.4M |
| Jan 2026 | $5.2M | $869K | $4.3M |
| Dec 2025 | $1.9M | $3.1M | −$1.2M |
| Nov 2025 | $3.0M | $1.0M | $2.0M |
| Oct 2025 | $1.1M | $7.5M | −$6.4M |
| Sep 2025 | $5.1M | $1.0M | $4.1M |
| Aug 2025 | $3.1M | $1.1M | $2.0M |
ERY Assets Under Management
Net assets of Direxion Daily Energy Bear 2X Shares by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $38.55M |
| 2026-04-30 | $42.61M |
| 2026-01-31 | $17.72M |
| 2025-10-31 | $18.06M |
| 2025-07-31 | $18.68M |
| 2025-04-30 | $17.14M |
| 2025-01-31 | $24.51M |
| 2024-10-31 | $24.31M |
| 2024-07-31 | $19.11M |
| 2024-04-30 | $22.54M |
| 2024-01-31 | $18.80M |
| 2023-10-31 | $26.58M |
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.