ERY

📎 Investment Objective

The Direxion Daily Energy Bear 2X Shares ETF (ERY) seeks to provide daily investment results that correspond to twice the inverse (or opposite) of the daily performance of the Energy Select Sector Index.

✨ Key Features

• Provides 2x daily inverse exposure to the Energy Select Sector Index
• Designed for short-term, tactical trading rather than long-term buy-and-hold
• Employs leveraged and derivative strategies to amplify daily returns
• Resets exposure daily, which can lead to compounding effects over longer periods

⚠️ Primary Risks

• Significant daily volatility and risk of losses, especially over periods longer than one day
• Potential for large and unexpected losses due to the leveraged nature of the fund
• Tracking error risk as the fund may not perfectly match the inverse 2x daily performance of the underlying index
• Risks associated with the use of derivatives and other complex financial instruments

👤 Best For

This ETF is best suited for experienced, risk-tolerant traders who understand the unique risks of leveraged and inverse funds and who seek to make short-term, tactical bets on the energy sector. It is not recommended for long-term buy-and-hold investors.