Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares(DRIP)

Description: The investment seeks daily investment results, of 300% of the inverse (or opposite) of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the oil and gas exploration and production sub-industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. It is non-diversified.

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Keywords: Exchange Traded Fund ETF Exchange Traded Funds Betashares Oil And Gas Exploration Leveraged ETF Ultra ETF Gas Exploration Inverse ETF Bear Market ETF Repurchase Agreement Forward Contract

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Home Page: www.direxioninvestments.com/products/daily-sp-oil-gas-exp-prod-bull-3x-shares

DRIP Technical Analysis

Exchange: NYSE ARCA

Country: US : United States of America

Currency: US Dollar ($)

Category: Trading--Inverse Equity