NYSEARCA:ONG

Direxion Daily Oil Services Bull 2X Shares (ONG) Price, Holdings, & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$28.98
$28.98
50-Day Range
N/A
52-Week Range
$15.48
$20.99
Volume
N/A
Average Volume
510 shs
Market Capitalization
$8.69 million
Assets Under Management
$5.82 million
Dividend Yield
0.57%
Net Expense Ratio
1.07%

About Direxion Daily Oil Services Bull 2X Shares

The Direxion Daily Oil Services Bull 2X Shares (ONG) is an exchange-traded fund that is based on the MVIS US Listed Oil Services 25 index. The fund provides 2x daily leveraged exposure to a market cap-weighted index of 25 of the largest U.S.-listed oil services companies. ONG was launched on Jan 20, 2022 and is managed by Direxion.

ONG ETF News Headlines

Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
FNGG Direxion Daily NYSE FANG+ Bull 2X Shares ETF
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
GUSH: Leveraged Exposure To Oil's Upside
See More Headlines
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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily Oil Services Bull 2X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:ONG
Inception Date
1/20/2022
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
MVIS US Listed Oil Services 25 Index
Category
Sector
Focus
Energy
Development Level
Blended Development
Region
Global
Number of Holdings
9

Fund Statistics

Assets Under Management
$5.82 million
Average Daily Volume
$0.00
Discount/Premium
-0.12%
Leveraged
2.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Latour Trading

Miscellaneous

Beta
3.02
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily Oil Services Bull 2X Shares Expenses

TypeONGEnergy ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.61%0.54%0.50%0.51%
Other Expenses0.34%0.25%0.54%0.64%0.58%
Total Expense1.09%0.69%0.70%0.74%0.70%
Fee Waiver-0.02%-0.20%-0.55%-0.68%-0.57%
Net Expense1.07%0.71%0.60%0.58%0.58%

Direxion Daily Oil Services Bull 2X Shares (ONG) Holdings

Top 10 ONG Holdings


ONG ETF - Frequently Asked Questions

What does ONG invest in?

Direxion Daily Oil Services Bull 2X Shares is a equity fund issued by Direxion. ONG focuses on energy investments and follows the MVIS US Listed Oil Services 25 Index. The fund's investments total to approximately $5.82 million assets under management.

What stocks does Direxion Daily Oil Services Bull 2X Shares hold?

ONG invests in 9 holdings. Some of the stocks in their portfolio include Schlumberger (SLB), Halliburton (HAL), Baker Hughes (BKR), Tenaris (TS), ChampionX (CHX), Transocean (RIG), Valaris (VAL), NOV (NOV), Noble (NE) and TechnipFMC (FTI).

What is the management fee for Direxion Daily Oil Services Bull 2X Shares?

Direxion Daily Oil Services Bull 2X Shares' management fee is 0.75% and has other expenses of 0.34%. However, ONG has a fee waiver of -0.02% to reimburse the expenses. The net expense ratio for ONG is 1.07%.

This page (NYSEARCA:ONG) was last updated on 4/27/2024 by MarketBeat.com Staff

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