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NYSEARCA:DRIP

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) Price, Holdings, & News

$33.14 -0.23 (-0.69%)
Closing price 09/17/2026 04:10 PM Eastern
Extended Trading
$33.50 +0.36 (+1.09%)
As of 07:04 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (NYSEARCA:DRIP)

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Key Stats

Today's Range
$32.96
$34.22
50-Day Range
$30.91
$50.50
52-Week Range
$30.52
$99.00
Volume
559,635 shs
Average Volume
2.29 million shs
Market Capitalization
$100.41 million
Assets Under Management
$122.65 million
Dividend Yield
4.68%
Net Expense Ratio
1.01%
Aggregate Rating
N/A

ETF Overview

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP) is an exchange-traded fund that mostly invests in energy equity. The fund provides 2x inverse daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. DRIP was launched on May 28, 2015 and is managed by Direxion.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF Expenses

TypeDRIPEnergy ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.61%0.57%0.50%0.53%
Other Expenses0.28%0.43%0.53%0.60%0.54%
Total Expense1.03%0.75%0.75%0.75%0.73%
Fee Waiver-0.02%-0.19%-0.67%-0.78%-0.68%
Net Expense1.01%0.74%0.63%0.57%0.60%
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DRIP ETF News Headlines

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares
$747 million in one quarter - with a 60% cash-flow target
The company posted $747 million in net income last quarter and plans to return at least 60% of 2026 free cash flow to shareholders. Institutions control roughly 88% of shares, with BlackRock and Vanguard among the largest holders. A multi-year Palantir partnership is driving toward $500 million in run-rate savings by year-end 2026. Last quarter alone, the company returned $189 million to shareholders and repurchased 2.8 million shares.tc pixel
DRIP: A Leveraged Tool For An Energy Correction
See More Headlines

DRIP ETF - Frequently Asked Questions

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF's stock was trading at $90.40 at the start of the year. Since then, DRIP shares have decreased by 63.3% and is now trading at $33.14.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF's stock reverse split on Monday, February 28th 2022.The 1-10 reverse split was announced on Monday, February 28th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Monday, February 28th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF's top institutional investors include IFP Advisors Inc (0.77%).

Shares of DRIP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF investors own include Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), NVIDIA (NVDA), Walt Disney (DIS), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) and Broadcom (AVGO).

Fund Details

Issuer
Direxion
Fund Name
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:DRIP
Inception Date
5/28/2015
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
S&P Oil & Gas Exploration & Production Select Industry Index
Category
Sector
Focus
Energy
Development Level
Developed Markets
Region
North America
Number of Holdings
15

Fund Statistics

Assets Under Management
$122.65 million
Average Daily Volume
$825.00 thousand
Discount/Premium
-0.04%
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
Susquehanna

Miscellaneous

Beta
-1.08
Creation Unit
50,000
Creation Fee
$250.00
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Top 9 DRIP Holdings

  • Dreyfus Govt Cash Man Ins
    Holding Weight: 64.32%
  • Goldman Finl Sq Trsry Inst 506
    Holding Weight: 34.46%
  • Dreyfus Trsry Securities Cash Mgmt
    Holding Weight: 20.06%
  • Citi Collateral
    Holding Weight: 0.00%
  • S&P Oil & Gas Explor And Prod Select Index Swap
    Holding Weight: -0.24%
  • S&P Oil & Gas Explor And Prod Select Index Swap
    Holding Weight: -3.25%
  • S&P Oil & Gas Explor And Prod Select Index Swap
    Holding Weight: -4.34%
  • S&P Oil & Gas Explor And Prod Select Index Swap
    Holding Weight: -4.70%
  • S&P O&G Exp Prod Sel Ind Index Swap
    Holding Weight: -6.31%

This page (NYSEARCA:DRIP) was last updated on 9/18/2026 by MarketBeat.com Staff.
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