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ETFs

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

GUSH
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
May 28, 2015
Expense Ratio
0.93%
Type
US Equities
Fund Owner
Direxion Shares
Volume (1m avg. daily)
$35,996,514
AUM
$590,769,912
Associated Index
S&P Oil & Gas Exploration & Production Select Industry Index
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
DREYFUS GOVT CASH MAN INS
17.02%
—
GOLDMAN FINL SQ TRSRY INST 506
4.22%
—
DREYFUS TRSRY SECURITIES CASH MGMT
0.56%
VLO
Valero Energy Corp.
0.47%
DEN
Denbury Inc. - Ordinary Shares - New
0.46%
CVX
Chevron Corp.
0.46%
XOM
Exxon Mobil Corp.
0.46%
MPC
Marathon Petroleum Corp
0.45%
PBF
PBF Energy Inc - Ordinary Shares - Class A
0.45%
COP
Conoco Phillips
0.45%
Invest with GUSH
Trade GUSH Options

What is GUSH?

The Fund seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The Index is provided by Standard & Poor s and includes domestic companies from the oil and gas exploration and production sub-industry. As of April 30, 2015, the Index was comprised of 98 stocks. The companies included in the Index have a median market capitalization of $3.89 billion and are concentrated in the energy and oil and gas sectors as of April 30, 2015.

1M
3M
6M
YTD
1Y
3Y
Max
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GUSH
Performance Measures**

for the time period May 29, 2015 to Dec 4, 2025

Returns

1M Trailing Return: 16.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 4.6%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -100.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 99.8%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: -0.07

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.46

The annualized return divided by the max drawdown for the selected time period.

ETFs related toGUSH

ETFs correlated to GUSH include XOP, PXE, FCG

GUSH
Direxion Shares ETF Trust - Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
XOP
SPDR Series Trust - SPDR Oil & Gas Exploration and Production ETF
PXE
Invesco Capital Management LLC - Invesco Energy Exploration & Production ETF
FCG
First Trust Exchange-Traded Fund III - First Trust Natural Gas ETF
FXN
First Trust Exchange-Traded Fund III - First Trust Energy AlphaDEX Fund
IEO
BlackRock Institutional Trust Company N.A. - iShares U.S. Oil & Gas Exploration & Production ETF
FTXN
First Trust Exchange-Traded Fund III - First Trust Nasdaq Oil & Gas ETF
PXI
Invesco Capital Management LLC - Invesco Dorsey Wright Energy Momentum ETF
RSPG
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Energy ETF
OILU
Bank of Montreal - MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETNs
FENY
Fidelity Covington Trust - Fidelity MSCI Energy Index ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toGUSH

Adaptive All Weather 1.3a Pop Bots l BrianE Mod l Oct 10th 2016

Category

Tactical asset allocation, regime switching, mean reversion, momentum rotation, volatility hedge, leveraged ETFs, inverse ETFs, crash protection, daily rebalancing

OOS Cumulative Return

179.08%

Aggressive Battleship III/ Sort WM 74

Category

Tactical allocation, trend-following, momentum rotation, multi-asset, leveraged ETFs, crash-hedge, commodities tilt, daily rebalanced

OOS Cumulative Return

147.42%

Create your own algorithmic trading strategy with GUSH using Composer

FAQ

GUSH is a US Equities ETF. The Fund seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The Index is provided by Standard & Poor s and includes domestic companies from the oil and gas exploration and production sub-industry. As of April 30, 2015, the Index was comprised of 98 stocks. The companies included in the Index have a median market capitalization of $3.89 billion and are concentrated in the energy and oil and gas sectors as of April 30, 2015.

GUSH tracks the S&P Oil & Gas Exploration & Production Select Industry Index.

No, GUSH is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, GUSH is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GUSH is 0.0301%. This is the percent change in the value of GUSH over the most recent 1-month period. The 3-month return on GUSH is 0.3756%. This is the percent change in the value of GUSH over the most recent 3-month period.

The standard deviation of GUSH for the past year is 0.69%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GUSH include SSO, QID, and SDS.

ETFs correlated to GUSH include XOP, PXE, and FCG.

ETFs that are inversely correlated to GUSH include DRIP, OILD, and DUG.

Yes, GUSH is a Leveraged (3x) ETF: This means that GUSH will try to match the performance of S&P Oil & Gas Exploration & Production Select Industry Index, but with 3x the returns.

No, GUSH is not an inverse ETF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.